Earlier this year, Ellie Mae announced that Thoma Bravo would be acquiring it in an all-cash transaction that values Ellie Mae at approximately $3.7 billion.
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Ellie Mae to Go Private
The $3.7 billion acquisition of a mortgage fintech provider by a PE firm will see it becoming a privately-held company. Here’s what the deal provides for the company’s shareholders and what it means for its tech platforms.
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