Olo Enters into Definitive Agreement to be Acquired by Thoma Bravo
1. Olo will be acquired by Thoma Bravo for $2 billion in cash. 2. Shareholders will receive $10.25 per share, a 65% premium. 3. Olo aims to accelerate growth post-acquisition with Thoma Bravo's support. 4. The transaction is expected to close by the end of 2025. 5. Olo will transition to a privately held company after merger completion.