Instructure Holdings Stock Jumps On Report Thoma Bravo Is Exploring Sale: The Details
Portfolio Pulse from Adam Eckert
Instructure Holdings Inc (NYSE:INST) shares surged following reports that Thoma Bravo is exploring a sale of the company. Thoma Bravo, which owns 83% of Instructure, has engaged JP Morgan Chase & Co (NYSE:JPM) to gauge interest from potential buyers. Instructure's stock has underperformed since its IPO, despite recent revenue growth.

May 20, 2024 | 5:21 pm
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Instructure Holdings shares surged following reports that Thoma Bravo is exploring a sale of the company. Thoma Bravo owns 83% of Instructure and has engaged JP Morgan to gauge interest from potential buyers.
The news of a potential sale by Thoma Bravo has led to a significant increase in Instructure's stock price. The involvement of a major private equity firm and a leading investment bank suggests strong interest and potential for a lucrative deal.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
JP Morgan Chase & Co has been engaged by Thoma Bravo to gauge interest from potential buyers for Instructure Holdings. This involvement could lead to increased advisory and transaction fees for JP Morgan.
JP Morgan's role in exploring the sale of Instructure Holdings could result in increased advisory and transaction fees, positively impacting its financial performance.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 50