Olo Inc

Thoma Bravo has agreed to acquire Olo Inc. in a $2 billion deal, taking the cloud-based commerce platform for the restaurant industry private and offering shareholders a 65% premium over its unaffected share price.

Olo Inc.’s stock price is experiencing a surge in investor interest, with call option activity increasing, but high valuation metrics and potential risks of overvaluation raise questions about the company’s future prospects.