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Thoma Bravo exits financial risk software company Adenza to Nasdaq for $10.5bn

Private Equity Insights

In 2020, New York Stock Exchange owner Intercontinental Exchange acquired mortgage software specialist Ellie Mae from Thoma Bravo for $11bn, another deal led by Spaht, that was one of the most successful private equity deals in recent years.

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Transcript: Jeremy Siegel + Jeremy Schwartz

The Big Picture

We could have gone for another couple hours, but I had to stop and send them off to the New York Stock Exchange to do whatever they’re going to do there. RITHOLTZ: Bidding wars are over. SCHWARTZ: Avoid the investment banks, go find something of your passion. RITHOLTZ: Right. SIEGEL: Oh, yeah.

Finance 59