To reinforce the point Betaville was making earlier today - Thoma Bravo has just struck a deal to buy US-listed Ping Identity Holding Corporation for an enterprise value of $2.8 billion.
That's a whopping 60pc premium!
Below is a link to this morning's press release:..
A tweet from Orlando Bravo caught Betaville's eye this afternoon, with the founder of US-based technology buy-out house Thoma Bravo tweeting:
"In this market, I wouldn’t look at a company's “takeover value” as part of one’s investment thesis or to try to predict a bottom on a stock. Neither strategics nor PE have the time & money to pursue even a fraction of the attractive M&A opportunities that exist right now."..
Norwegian technology company Mercell has finally agreed to sell itself to American private equity firm Thoma Bravo, thereby confirming Betaville's sole RARE ALERT of 2022!..
Deal hacks at Bloomberg are back on it, pumping out M&A scoops galore over the last few weeks.
The latest tale from the arch rivals at the financial behemoth is about longstanding takeover target Temenos, the Switzerland-listed banking software company.
According to Bloomie, Thoma Bravo has rekindled its interest in Temenos and "expressed an interest" in buying the company via talks...