Kirkland Advises Vista, ONEX and PowerSchool on PowerSchool’s $710M IPO
Kirkland & Ellis advised education technology firm PowerSchool Holdings Inc. (NYSE:PWSC), a Vista Equity Partners and Onex Corp. portfolio company, in connection with its Up-C IPO. The offering priced at $18 per share, valuing the company at $3.5 billion. The company's common stock began trading on NYSE under the symbol “PWSC” on July 28, 2021. The IPO represents Kirkland’s second education technology IPO in one week.
Read the PowerSchool press release
The Kirkland team was led by capital markets partners Bob Hayward, Bob Goedert and Michael Keeley and associates Katherine Ackerman, Justin Hay, and Laura Billiter, with assistance from executive compensation partner Rohit Nafday and associate Faye Whiston, tax partner David Kung, and corporate partners Stuart Casillas and Ari Levi and associates Philip Castagnozzi Bush and Charlie Hughes.