Private Equity

Intercontinental Exchange Enters Definitive Agreement To Acquire Ellie Mae From Thoma Bravo

by posted 11months ago 318 views
Deal strengthens ICE’s focus on mortgage services Extends track record of operating vital networks moving analog to digital ICE will hold a conference call at 5:00 p.m. today to review transaction details Intercontinental Exchange (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listing services, announced today that it has entered into a definitive agreement to acquire Ellie Mae®, the leading cloud-based platform provider for the mortgage finance industry. The transaction with Ellie Mae, a portfolio company of Thoma Bravo, a leading private equity investment firm, values Ellie Mae at approximately $11 billion.