The Public M&A and Technology teams advised Olo Inc. (NYSE: OLO) in its definitive agreement to be acquired by Thoma Bravo, a leading software investment firm, in an all-cash transaction valuing Olo at approximately $2.0 billion in equity value. Under the terms of the agreement, Olo shareholders will receive $10.25 per share in cash.
Upon completion of the transaction, Olo will become a privately held company. The transaction, which was unanimously approved by the Olo Board of Directors, is expected to close by the end of calendar year 2025, subject to customary closing conditions, including approval by Olo shareholders and the receipt of required regulatory approvals. The transaction is not subject to a financing condition.
Olo is a leading restaurant technology provider with ordering, payment, and guest engagement solutions that help brands increase orders, streamline operations, and improve the guest experience. Each day, Olo processes millions of orders on its open SaaS platform, gathering the right data from each touchpoint into a single source—so restaurants can better understand and better serve every guest on every channel, every time. Over 750 restaurant brands trust Olo and its network of more than 400 integration partners to innovate on behalf of the restaurant community, accelerating technology’s positive impact and creating a world where every restaurant guest feels like a regular.
The Goodwin team was led by John Egan, Joshua Zachariah, Tevia Pollard, Andrew Pusar and Stephanie Barbanell, and included Andrea Akinbola, Kaitlyn Buffaloe, Belem Sanchez, Jim Matarese, Lauren Visek, Cody Goodwin, Sne Sadhu, Nicholle Lamartina, Alexandra Summa, Jennifer Luz, Justin Ward, Laura Noerdlinger, Andrew Lacy, Paul Jin, Arom Yun, Andrew Jensen, Monica Patel, Sarah Bock, Rahat Tariq, Timothy Holahan, Ashton O’Halloran, Janet Andolina, Garrett Gaughan, Joel Lehrer, Omer Tene, Gabe Maldoff, Alex Intile, Nate William Cunningham, Gozde Guckaya, Ximeng (Sammy) Tang, Brian Mukherjee and Jacquelyn Burke.
For more information, read Olo’s official press release on the transaction.