OLO develops an online and mobile ordering platform for restaurants. The Company enables restaurants to target customers with offers, discounts, and rewards. OLO serves customers in the State of New York.
Thoma Bravo, a buyout firm, has announced its intention to acquire Olo, a restaurant-technology provider, in an all-cash deal valued at around $2 billion.
Olo expressed optimism about the transaction, stating that it will facilitate accelerated growth and enhance its platform and services for over 750 restaurant brands worldwide.
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