Instructure Partners with KKR and Dragoneer to Elevate Education

Instructure Partners with KKR and Dragoneer to Elevate Education

This investment will support the company's plans for product innovation and expansion worldwide.

Instructure Holdings, Inc. has successfully completed its acquisition by investment funds managed by KKR, a well-known leader in global investment, alongside Dragoneer, a firm focused on growth investments. This all-cash transaction valued at approximately $4.8 billion, equates to $23.60 per share. With this acquisition, Instructure has transitioned into a privately held entity, resulting in its common stock no longer being listed on stock exchanges.

As a prominent provider of educational technology and management solutions, Instructure significantly influences the lives of learners and educators alike. The company's ecosystem, which has reached around 200 million learners in over 100 countries, fosters collaboration and innovation. They are supported by a network of more than 1,000 partners, demonstrating their commitment to enhancing educational outcomes globally. With ambitious goals, Instructure aims to achieve over $1 billion in revenue by 2028, which speaks volumes about their forward-thinking strategies.

“We are thrilled to embark on this new chapter in our journey,” stated Steve Daly, CEO of Instructure. “KKR's support will enable us to enhance our core markets, scale our operations rapidly, and innovate our offerings to solidify Canvas and the entire Instructure Learning Ecosystem as essential tools for educational institutions.” This sentiment reflects a commitment to ensuring opportunities for learners at every stage, enhancing educational outcomes continuously.

“Instructure stands out as a leader in the educational landscape,” acknowledged Webster Chua, a partner at KKR. “We are excited to collaborate with Steve and his remarkable team to leverage the strengths of KKR’s global resources to further scale the Instructure ecosystem.” This collaboration marks an important step as they both work towards creating lasting impacts in education.

Christian Jensen from Dragoneer commented, “Our partnership with KKR reflects our shared commitment to backing exceptional companies that possess key advantages in their markets. We believe Instructure is uniquely positioned to make transformative contributions to the education sector.” This enthusiasm represents a collective vision for the company’s future.

Advisors and Support for the Acquisition

J.P. Morgan Securities LLC played a pivotal role as the leading financial advisor for this acquisition, while Macquarie Capital also contributed significantly. Legal guidance for Instructure was provided by Kirkland & Ellis LLP, establishing a solid foundation for the transition. KKR gained insight from multiple advisors, including Morgan Stanley & Co. LLC and UBS Investment Bank, among others.

Understanding Instructure's Mission and Vision

At the heart of Instructure is its dedication to powering knowledge and educational growth worldwide. Their ecosystem is designed to empower educators and institutions to promote student success and enhance teaching capabilities. The aim is to inspire collective learning and create a lifelong journey for learners. This ongoing commitment not only enriches student experience but also aims to forge strong connections among learners, educators, and partners.

Innovating in the Educational Technology Sector

Instructure is at the forefront of addressing the challenges in education technology by leveraging in-depth insights from extensive partnerships. This innovative approach allows Instructure to meet diverse learning needs effectively, thus reinforcing its position in a competitive landscape.

Partnerships that Drive Impact

Additionally, Instructure collaborates with various global institutions to provide cutting-edge educational products. By fostering partnerships, they aim to create a robust learning community that nurtures continuous growth and development.

About KKR and Dragoneer

KKR stands as a benchmark in global investment, offering a blend of asset management and innovative capital solutions. Their strategic approach aims for sustainable growth across diverse industries, showcasing a commitment to enhancing portfolio company performance.

On the other hand, Dragoneer Investment Group, managing over $23 billion, emphasizes investing in superior businesses that embody sustainable growth. With a mission that aligns with technological advancements and a focus on innovative markets, Dragoneer’s framework supports partnerships that propel business transformations.

Frequently Asked Questions

What is the significance of the acquisition for Instructure?

The acquisition by KKR and Dragoneer aims to enhance Instructure's ability to innovate and scale, ultimately improving educational outcomes for learners worldwide.

How does KKR plan to support Instructure?

KKR intends to aid Instructure in expanding its core markets, accelerating global reach, and unlocking collaborative opportunities within its educational ecosystem.

What are Instructure's goals for the future?

Instructure aims to generate over $1 billion in revenue by 2028 while continuing to influence and improve global educational practices.

How does Dragoneer contribute to this collaboration?

Dragoneer's investment strategy is focused on supporting companies with strong market potential, thereby providing long-term growth alignment for Instructure.

What is Instructure's approach to educational technology?

Instructure focuses on delivering comprehensive solutions that enhance teaching and learning experiences, underpinned by collaboration with a vast community of educators and institutions.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.