Thoma Bravo to acquire Olo for $2B; HKW buys Electric Equipment

Deal Wrap is updated as of 3 p.m. ET.

– Thoma Bravo LP agreed to acquire US restaurant-focused software developer Olo Inc.for $2 billion. Goldman Sachs was Olo's financial adviser and Goodwin Procter LLP was its legal adviser. Kirkland & Ellis LLP was Thoma Bravo's legal adviser.

– Hammond Kennedy Whitney & Company Inc., which does business as HKW, acquired US electrical products manufacturer Electric Equipment & Engineering Co. Taft Stettinius & Hollister LLP was HKW's legal adviser and Class VI Partners was Electric Equipment's financial adviser.

– TPG Capital LP acquired the remaining 70% stake in DirecTV LLC from AT&T Inc.

– Abry Partners LLC invested in Canadian insurance firm Oracle Insurance Risk Management Services Inc.

– NordicNinja VC led a $42 million series B round for London-based parcel delivery platform developer Hived Ltd.

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