Bain Capital in talks to buy education-software provider PowerSchool, source says

May 8 (Reuters) – Buyout firm Bain Capital is in talks to take education-software provider PowerSchool (PWSC.N), opens new tab private, a person familiar with the matter said on Wednesday.

The deal, which is still a few weeks away from getting signed, is likely to value PowerSchool somewhere in the $20s per share, according to the source, who requested anonymity as the discussions are confidential.

At that price, a deal would value PowerSchool at roughly $6 billion, including debt, based on Reuters calculations.