Instructure’s Acquisition and What It Means for Higher Ed

On July 25, 2024, Instructure Holdings, Inc., the creators of the learning management system Canvas, announced it had entered into an agreement to be acquired by KKR, a global private equity firm, for an estimated $4.8 billion.

With this acquisition, which is expected to close later this year, Instructure will become a privately owned company. Instructure’s current CEO, Steve Daly, and its management team will remain in place. KKR intends to boost Instructure’s innovation and technology across its products with expanded investments. Through this acquisition, Instructure’s goal is to grow and scale its products, earn $1 billion in revenue by 2028, and remain a market leader in learning management solutions.

What Instructure’s Acquisition Means for Higher Education Institutions

KKR’s acquisition of Instructure is significant for higher education institutions. KKR’s focus on and investment in innovation and technology could contribute to improved and expanded functionality in Instructure’s products, including Canvas. This could potentially enhance the user experience for students and educators, boost student outcomes, and grow Instructure’s product portfolio.

We will be eager to see how the acquisition may impact pricing as institutions are already reporting Instructure price increases.

Questions About Your Institution’s LMS?

Tambellini clients can always reach out to Tambellini analysts and advisors with questions about your institution’s LMS, for help strategizing a new system purchase, and anything else. Not a client? Contact us to see how we can help.