Thoma Bravo Nears Deal to Hand Medallia to Creditors After Write-Off
Private equity firm Thoma Bravo is reportedly close to an agreement to transfer its software company Medallia to creditors. This development follows a significant write-off of over $5 billion from its 2021 acquisition of the SaaS firm.
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Exclusive: Thoma Bravo nears agreement to turn software firm Medallia over to creditors, sources say - Reuters
Exclusive: Thoma Bravo nears agreement to turn software firm Medallia over to creditors, sources say Reuters
Read full article →Exclusive-Thoma Bravo nears agreement to turn software firm Medallia over to creditors, sources say
Read full article →Aaaand It's Gone... PE Shop Thoma Bravo Writes Off Over $5BN From 2021 SaaS Firm Acquisition
Aaaand It's Gone... PE Shop Thoma Bravo Writes Off Over $5BN From 2021 SaaS Firm Acquisition Not a great night for SaaS... Given the eight straight days of gains for Software stocks, one could argue that the death of code-base companies was greatly exaggerated (cough -dead-cat bounce - cough), but not every boat is being lifted by this massive short-squeeze rebound JPMorgan Trader Brian Heavey said earlier that it "seems we are moving from 'SAAS is dead' to 'maybe they can co-ex...
By Tyler Durden
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