Olo Inc., a Delaware corporation, has announced its entry into an Agreement and Plan of Merger with Project Hospitality Parent, LLC, and its wholly-owned subsidiary, Project Hospitality Merger Sub, Inc. As part of the transaction, Project Hospitality Merger Sub will merge with and into Olo, resulting in Olo becoming a wholly-owned subsidiary of Project Hospitality Parent. Both Project Hospitality Parent and Merger Sub are affiliated with Thoma Bravo, L.P., a leading private equity firm. The announcement marks a significant development in Olo's corporate strategy, with the merger aimed at leveraging Thoma Bravo's resources and expertise.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Olo Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-25-033224), on August 28, 2025, and is solely responsible for the information contained therein.