Thoma Bravo said Friday that it had closed its acquisition of Olo (OLO) in an all-cash deal valued at nearly $2 billion in equity value.
The software investment firm said that, with the closing of the deal, Ola stockholders are entitled to receive $10.25 per share in cash for each share of Olo common stock they owned.
Olo's common stock has ceased trading and will be delisted from the NYSE, Thoma Bravo said.