With the increased usage of EdTech due to the pandemic comes an increase in investment, and one trend that also appears to be playing out is a new wave of public offerings, whether through traditional means or backdoor through a SPAC. Today Bloomberg broke news of a major IPO planned in the K-12 space:
PowerSchool has filed confidentially for a U.S. initial public offering that could value the education software provider at more than $6 billion, including debt, according to people with knowledge of the matter.
RNL Acquisition of Helix Education: The OPM story (podcast)