Thoma Bravo finalises $2bn acquisition of restaurant tech company Olo
Olo now moves into private ownership, with its stock having delisted from the New York Stock Exchange (NYSE).
15 September 2025
15 September 2025
Olo now moves into private ownership, with its stock having delisted from the New York Stock Exchange (NYSE).
The company is offering around 14.7 million shares of Class A common stock to the public.
The platform aims to streamline operational aspects and support compliance related to payment card industry standards.
The brand was introduced to the UK in November 2020 under a master franchise agreement with EG Group.
RaceTrac also intends to acquire the remaining shares not tendered through a second-step merger.
The brand's valuation in a potential deal could range from $1.2bn to $1.4bn.
An agreement is expected to be finalised by the end of October 2025.
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