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Private Equity

Ellie Mae Acquired By Thoma Bravo

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PLEASANTON, Calif.--(BUSINESS WIRE)--Ellie Mae®, the leading cloud-based platform provider for the mortgage finance industry, announced that it has been acquired by Thoma Bravo, LLC, a leading private equity investment firm, in an all-cash transaction that values Ellie Mae at an aggregate equity value of approximately $3.7 billion. The acquisition was announced on February 12, 2019 and closed today. Under the terms of the agreement, Ellie Mae shareholders receive $99.00 in cash per share. The p.