Inside Thoma Bravo’s $9 Billion Mortgage Market Windfall

Forbes, Aug. 28, 2020–Antoine Gara
Thoma Bravo put up about $2.2 billion of equity to take Ellie Mae private in a leveraged buyout in April 2019, financing the rest of the $3.7 billion purchase price. Earlier in August, it struck a deal to sell the company to Atlanta-based Intercontinental Exchange for about $11 billion in cash and stock.