thoma bravo

New On The Block Abry Partners hired JPMorgan Chase to find a buyer for physician social network Sermo, Axios reports. Bids are expected to be between $600 million and $800 million. Boston-based Abry first invested in Sermo in 2019. Verint Systems Inc. (NASDAQ:VRNT), a provider of call center...

Thoma Bravo has raised $34.4 billion across three funds, marking one of the largest fundraising hauls in recent private equity history. What Happened: According to the Wall Street Journal, the investment giant secured $24.3 billion for its flagship buyout fund. The effort matches its 2022 total and...

Prominent market commentator Jim Cramer said three corporate deals announced on Monday aided the rally seen at the beginning of the week, according to a CNBC report. What Happened: “Mergers matter. When companies start buying each other at a big premium to what the market...

Private equity firm Apollo Global Management (NYSE: APO) is open to teaming up with Tesla Inc (NASDAQ: TSLA) CEO Elon Musk or any other bidder to finance a Twitter Inc (NYSE: TWTR) buyout, the New York Post reported on Monday,...

Shares of Twitter Inc (NYSE: TWTR) ticked higher Monday afternoon on news that buyout firm Apollo Global could be the latest to put in an offer for the social media platform. What Happened: After Tesla Inc (NASDAQ: TSLA) CEO Elon Musk put in a buyout offer of $54.20 per share for Twitter, many...

Benzinga’s “Daily Brief On Trending Tickers” features top-searched tickers from around the web and uses the Benzinga Pro platform to highlight recent news items possibly impacting those stocks. The data on the trending tickers is compiled from a list of most-discussed tickers on...

Ever since Tesla, Inc. (NASDAQ: TSLA) CEO Elon Musk disclosed a passive stake in Twitter, Inc. (NYSE: TWTR), things have progressed at a frenetic pace. The Elon Musk-Twitter plot is thickening with the passing of each day, and the weekend brought a lot of twists and turns, making the whole saga...

Benzinga hosted a Twitter Spaces event Thursday with Orlando Bravo, co-founder and managing partner of Thoma Bravo, a leading private equity and growth capital firm. Here's what he had to say about his parents, his first job, cryptocurrency, NFTs and Web3. Parents: “My Dad...

Chicago-headquartered private equity firm Thoma Bravo LP is acquiring property-management software maker RealPage Inc (NASDAQ: RP), the Wall Street Journal reports. RealPage’s leveraged buyout is valued at a purchase consideration of $9.6 billion. What...

Intercontinental Exchange Inc (NYSE: ICE) announced Thursday it was purchasing mortgage-software company Ellie Mae from private-equity firm Thoma Bravo. What Happened The transaction is valued at $11 billion, including about $9.24 billion in cash and $1.76 billion in stock...

Shares of Ellie Mae Inc (NYSE: ELLI) soared more than 20 percent Tuesday after the cloud-based platform provider for the mortgage industry agreed to sell itself to private equity investment firm Thoma Bravo. What Happened Ellie Mae agreed to sell itself to Thoma Bravo for $3.7 billion, or $99 per...

Shares of American software company Symantec Corp. (NASDAQ: SYMC) were surging nearly 14 percent Tuesday on M&A talk. What Happened Private equity firm Thoma Bravo has expressed interest in acquiring Symantec, according to Reuters, which cited unnanmed sources.  In September...

Cybersecurity provider Imperva Inc (NASDAQ: IMPV) agreed Wednesday morning to sell itself to private equity firm Thoma Bravo for an approximate 30-percent premium. What Happened The deal prices Imperva at $55.75 per share; the stock closed at $43 Tuesday. The sale values Imperva at around...

Cognizant Technology Solutions Corp (NASDAQ: CTSH) shares were on a tear following the release of a letter by Elliott Management that outlined a three-part "Value Enhancement Plan," which envisages a nice bump up in its stock price to $80–$90 by the end of 2017, up 50–69 percent in...

To some investors, Apple Inc. (NASDAQ: AAPL)'s growing debt level serves as a case against investing in the company. However, it is reasonably safe to assume that Apple's debt levels won't cause any sort of financial crisis. The same can reasonably be said for some of Apple's largest technology...