Thoma Bravo $3.7 billion acquisition of Ellie Mae

Overview:

• Private equity firm Thoma Bravo has acquired mortgage financing software company Ellie Mae in a $3.7 billion deal. 
• Jefferies Finance acted as financial adviser for Thoma Bravo and JP Morgan Securities acted for Ellie Mae. 
• The transaction is expected to close in the second or third quarter of 2019. 

Kurt Stumpo - US Editor