Thoma Bravo Acquires Ellie Mae for $3.7B
February 10, 2019
Thoma Bravo, a leading private equity firm, acquired Ellie Mae, the Pleasanton-based cloud platform provider for the mortgage finance industry, in an all-cash transaction valued at approximately $3.7 billion. Ellie Mae shareholders received $99.00 per share; the deal, announced Feb. 12, 2019, was approved by stockholders and closed on April 17, 2019, making Ellie Mae a privately held company focused on accelerating innovation in its Encompass digital lending platform.
- Buyers
- Thoma Bravo
- Targets
- Ellie Mae
- Sellers
- Ellie Mae stockholders
- Industry
- Cloud & SaaS
- Location
- California, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Thoma Bravo Acquires EQS Group AG
November 16, 2023
Cloud & SaaS
Thoma Bravo, via Pineapple German Bidco GmbH, completed a public takeover offer to acquire EQS Group AG for EUR 40.00 per share, valuing the company at approximately EUR 400 million and leading to an expected delisting. The investment will provide EQS with funding for product innovation, capability expansion in compliance/ESG software and capital for potential add-on M&A as Thoma Bravo builds the business as a pan‑European compliance and ESG software platform.
-
Thoma Bravo Acquires Mercell Holding ASA
August 16, 2022
Cloud & SaaS
Thoma Bravo, through its acquisition vehicle Spring Bidco (Norway) AS, completed the acquisition of Mercell Holding ASA, a Norway-based provider of e-tendering and procurement SaaS platforms. The transaction (completed August 16, 2022) takes Mercell private to support product development, strategic acquisitions and further geographic growth across Europe and beyond.
-
Thoma Bravo Acquires Talend
September 2, 2021
Data & Analytics
Thoma Bravo completed its all-cash acquisition of Talend, a leader in data integration and data integrity, in a transaction valuing Talend at approximately $2.4 billion. With Talend becoming private, Thoma Bravo plans to support the company’s cloud transition and invest in product and go-to-market initiatives to accelerate growth.
-
Intercontinental Exchange Acquires Ellie Mae from Thoma Bravo
August 6, 2020
Financial Services
Intercontinental Exchange (ICE) entered into and completed an agreement to acquire Ellie Mae, the cloud-based mortgage origination platform, from private equity firm Thoma Bravo for approximately $11 billion. The transaction (closed September 4, 2020) expands ICE's mortgage technology capabilities by integrating Ellie Mae's digital lending platform into ICE Mortgage Technology and combines origination, post-closing and registry solutions across the U.S. mortgage lifecycle.
-
Thoma Bravo Acquires Instructure for Approximately $2.0 Billion
March 24, 2020
Cloud & SaaS
Thoma Bravo, a leading private equity firm focused on software, agreed to acquire Instructure in an all-cash transaction that values the company at roughly $2 billion, with Instructure stockholders receiving $47.60 per share. The take-private will allow Instructure to increase investment in product innovation, accelerate growth (including international expansion) and continue to operate under its existing management team.
-
Ellie Mae Acquires Capsilon
October 28, 2019
Cloud & SaaS
Ellie Mae has signed a definitive agreement to acquire Capsilon, a San Francisco–based provider of AI-powered mortgage automation software. The acquisition integrates Capsilon's document recognition, data extraction and autonomous underwriting capabilities into Ellie Mae's Encompass Digital Lending Platform to deliver an end-to-end cloud-based mortgage automation solution.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.