Ellie Mae Moves Accelerated by Thoma Bravo Purchase
Mortgage Media, May 22, 2019
A month after being acquired by private equity firm Thoma Bravo, Ellie Mae last week completed a restructuring that included layoffs of about 10 percent of its staff. At the MBA National Secondary Market Conference, Ellie Mae President and CEO Jonathan Corr addressed the downsizing, saying it likely would have happened even if the company had stayed public.
