Olo Announces Acquisition by Thoma Bravo for $2B

Olo ( (OLO) ) has shared an announcement.

On July 3, 2025, Olo Inc. announced its acquisition by Thoma Bravo in an all-cash transaction valued at approximately $2.0 billion. The merger, unanimously approved by Olo’s Board, offers shareholders $10.25 per share, a 65% premium over the unaffected share price. This acquisition is expected to accelerate Olo’s growth and enhance its offerings for restaurant brands globally. Upon completion, Olo will become a privately held company, continuing to operate under its current name. The transaction is anticipated to close by the end of 2025, subject to customary conditions, including shareholder and regulatory approvals.

The most recent analyst rating on (OLO) stock is a Hold with a $8.50 price target. To see the full list of analyst forecasts on Olo stock, see the OLO Stock Forecast page.

Spark’s Take on OLO Stock

According to Spark, TipRanks’ AI Analyst, OLO is a Outperform.

Olo’s stock is buoyed by strong financial performance with substantial revenue growth and a robust balance sheet. Technical analysis indicates bullish momentum, though caution is advised due to overbought conditions. The high P/E ratio underscores potential overvaluation risk. The positive earnings call reinforces confidence in Olo’s strategic direction and market position, making it an attractive prospect despite valuation concerns.

To see Spark’s full report on OLO stock, click here.

More about Olo

Olo Inc. is a leading restaurant technology provider offering digital ordering, payment, and guest engagement solutions. The company processes millions of transactions daily on its open SaaS platform, serving over 750 restaurant brands and 88,000 locations worldwide. Olo’s platform helps restaurants increase orders, streamline operations, and improve guest experiences.

Average Trading Volume: 1,626,555

Technical Sentiment Signal: Buy

Current Market Cap: $1.48B

For detailed information about OLO stock, go to TipRanks’ Stock Analysis page.