10:29 AM EDT, 05/08/2024 (MT Newswires) -- (Updates to add detail in the second paragraph, attempt to reach PowerSchool ( PWSC ) and Bain Capital declining to comment in the third paragraph, and PowerSchool ( PWSC ) stock move in the fourth paragraph.)

Bain Capital is in talks to take education-software provider PowerSchool Holdings ( PWSC ) private in a deal that could value the company at $6 billion including debt, The Wall Street Journal reported Wednesday.

A deal could come together in coming weeks, said people familiar with the matter, though it is still possible the talks could not lead to any transaction, the Journal reported.

Bain Capital declined to comment to MT Newswires, while PowerSchool ( PWSC ) did not immediately respond to a request for comment by MT Newswires.

Shares of PowerSchool ( PWSC ) jumped more than 21% in recent trading.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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