Olo stock leaves public markets after USD 2 billion buyout

Olo stock left public markets after Thoma Bravo completed its USD 2 billion acquisition in July 2025. The restaurant technology company is now building its operating footprint through customer rollouts, including a Scooter's Coffee launch announced on September 23, 2026.

Scooter's adds digital ordering

According to Business Wire, Scooter's Coffee moved its app and first delivery channel onto Olo's platform on September 23, 2026. The rollout links digital ordering with delivery and gives the restaurant brand access to Olo's commerce infrastructure.

The announcement adds an operating data point to Olo's private-company story. Olo's platform supports ordering, catering, payments, loyalty and marketing for more than 800 brands across 90,000 locations, according to the same September 23, 2026 company announcement carried by Business Wire.

Buyout sets the valuation marker

The transaction remains the clearest quantified reference for Olo's equity value. Multiples VC puts the July 2025 buyout at USD 2 billion, based on USD 313 million of revenue and a 6.4 times revenue multiple.

That comparison matters because Olo's current corporate profile is defined by private ownership rather than an exchange quotation. The acquisition removed the former public-market framework, while the September 2026 customer rollout shows how the platform continues to expand its restaurant network.

Private ownership changes the stock story

Multiples VC identifies Olo as a private company after the Thoma Bravo transaction. For investors tracking the former OLO listing, the relevant figures are the USD 2 billion buyout value, the 6.4 times revenue multiple and the company's expanding customer reach rather than a live share price.