Buyout firm Thoma Bravo approaches Twitter with acquisition interest

NEW YORK: Buyout agency Thoma Bravo has contacted Twitter to specific curiosity in placing collectively an acquisition supply that may rival Tesla chief govt Elon Musk’s US$43 billion bid, individuals aware of the matter mentioned on Friday (Apr 15).

Thoma Bravo, a personal fairness agency that had greater than US$103 billion in property below administration as of the top of December, has knowledgeable Twitter that it’s exploring the potential of placing collectively a bid, the sources mentioned.

It isn’t clear how a lot Thoma Bravo could be ready to supply, and there’s no certainty that such a rival bid will materialise, the sources cautioned, asking to not be recognized as a result of the matter is confidential.

A Thoma Bravo spokesperson declined to remark whereas Twitter representatives didn’t instantly reply to a request for remark.

The New York Put up reported on Thursday that Thoma Bravo was contemplating a bid for Twitter.

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