{"id":431834,"date":"2022-04-14T23:53:02","date_gmt":"2022-04-14T20:53:02","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/thoma-bravo-considers-bid-for-twitter\/"},"modified":"2022-04-14T23:53:02","modified_gmt":"2022-04-14T20:53:02","slug":"thoma-bravo-considers-bid-for-twitter","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/thoma-bravo-considers-bid-for-twitter\/","title":{"rendered":"#Thoma Bravo considers bid for Twitter"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a287e701d392\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a287e701d392\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/thoma-bravo-considers-bid-for-twitter\/#%E2%80%9CThoma_Bravo_considers_bid_for_Twitter%E2%80%9D\" >&#8220;Thoma Bravo considers bid for Twitter&#8221;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CThoma_Bravo_considers_bid_for_Twitter%E2%80%9D\"><\/span>&#8220;Thoma Bravo considers bid for Twitter&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div>\n<aside class=\"single__inline-module alignleft\">\n<\/aside>\n<p>Private equity giant Thoma Bravo is working on a possible bid for <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a>, a source close to the situation told The Post \u2014 setting up what could be a rival to Elon Musk\u2019s offer for the social giant.<\/p>\n<p>\u201cThey are making a push,\u201d the source said of the private-equity firm that already owns tech names including McAfee and Landesk. <\/p>\n<p>It\u2019s not clear what Thoma Bravo might bid or when it would present the Twitter board with its bid. The firm has an internal team working on the potential transaction, the source familiar with the matter told The Post.<\/p>\n<p>\u201cYou are not far off,\u201d a second source close to the situation said when asked by The Post if Thoma Bravo was working on a possible bid for Twitter.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/thoma-bravo-twitter-musk-03.jpg?w=1024\" alt=\"Elon Musk\" class=\"wp-image-21908266\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/thoma-bravo-twitter-musk-03.jpg?quality=75&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/thoma-bravo-twitter-musk-03.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/thoma-bravo-twitter-musk-03.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Private-equity firm Thoma Bravo is exploring a potential bid for Twitter, sources told The Post \u2014 setting up a possible competition with Elon Musk.<\/figcaption><figcaption><span class=\"credit\">AFP via Getty Images<\/span><\/figcaption><\/figure>\n<p>Thoma Bravo could be a white knight for the company and CEO Parag Argawal, one of the sources said.<\/p>\n<p>Musk on Thursday made a non-binding offer of $54.20 a share for Twitter, telling the company it was his best and final offer. If the board doesn\u2019t accept his offer, \u201cI would need to reconsider my position as shareholder,\u201d Musk said. Later Thursday he said he wasn\u2019t sure if he\u2019d be able to acquire Twitter.<\/p>\n<p>The Tesla founder and world\u2019s richest man earlier this month revealed he owned 9.2% of the shares of Twitter. <\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/thoma-bravo-twitter-musk-04.jpeg?w=1024\" alt=\"Thoma Bravo logo\" class=\"wp-image-21907949\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/thoma-bravo-twitter-musk-04.jpeg?quality=75&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/thoma-bravo-twitter-musk-04.jpeg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/thoma-bravo-twitter-musk-04.jpeg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>The private-equity firm Thoma Bravo typically invests in business-to-business tech firms, not direct-to-consumer ones like Twitter; still, it\u2019s considering an offer for the social giant, sources told The Post.<\/figcaption><\/figure>\n<p>Twitter, if it rejects Musk\u2019s offer, could see its share price collapse unless it had another option to reveal at the time of a possible rejection. That\u2019s where a so-called white knight would come in.<\/p>\n<p>Because of that, Thoma Bravo needs to move quickly \u2014 if it elects to move forward \u2014 to show the Twitter board it has a potentially friendlier alternative, sources told The Post.<\/p>\n<p>On its website, Thoma Bravo says: \u201cOur private equity investment vehicles employ the same investment philosophy \u2014 to partner with and support existing management teams to help deliver solid operating results and drive innovation\u201d.<\/p>\n<p>Musk has in contrast sharply criticized the Twitter management team.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/elon-musk-ted-talk-1.jpg?w=1024\" alt=\"Elon Musk told a TED conference in Vancouver, Canada, on Thursday that he wasn't certain he would be able to acquire Twitter.\" class=\"wp-image-21905507\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/elon-musk-ted-talk-1.jpg?quality=75&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/elon-musk-ted-talk-1.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/elon-musk-ted-talk-1.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Elon Musk told a TED conference in Vancouver, Canada, on Thursday that he wasn\u2019t certain he would be able to acquire Twitter.<\/figcaption><figcaption><span class=\"credit\">TED<\/span><\/figcaption><\/figure>\n<p>Thoma Bravo invests typically in business-to-business software companies and not companies that cater directly to consumers, like Twitter. In 2020, the San Francisco- and Chicago-based firm announced the closing of a $17.8 billion buyout fund, and through its different vehicles says it has $103 billion in assets under management.<\/p>\n<p>Meanwhile, Twitter generates significant cash flow and is not a bad leveraged buyout candidate, one of the sources said. Thoma Bravo sees potential for the company when it comes to controlling costs and widening profit margins, the source said.<\/p>\n<p>Thoma Bravo last month reportedly reached a $10.7 billion buyout agreement to acquire listed Anaplan, a company that makes software modeling for different business outcomes.<\/p>\n<p>There was a big demand from Thoma Bravo fund investors to co-invest in the deal outside the fund, and many may also co-invest in a much larger Twitter deal, the source said.\n                        <\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2022\/04\/14\/elon-musk-could-have-competition-thoma-bravo-considers-bid-for-twitter\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Thoma Bravo considers bid for Twitter&#8221; Private equity giant Thoma Bravo is working on a possible bid for Twitter, a source close to the situation told The Post \u2014 setting up what could be a rival to Elon Musk\u2019s offer for the social giant. \u201cThey are making a push,\u201d the source said of the private-equity&#8230;<\/p>\n","protected":false},"author":1,"featured_media":431835,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/thoma-bravo-twitter-musk-99.jpg?quality=75&strip=all&w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[127989,39394,72868,4976,10401],"class_list":["post-431834","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-4-14-22","tag-elon-musk","tag-private-equity","tag-social-media","tag-twitter"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/431834","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=431834"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/431834\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/431835"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=431834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=431834"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=431834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}