Elon Musk could have competition: Thoma Bravo considers Twitter bid
By Josh Kosman
April 14, 2022 4:53pm
Private equity giant Thoma Bravo is working on a possible bid for Twitter, a source close to the situation told The Post — setting up what could be a rival to Elon Musk’s offer for the embattled social network.
“They are making a push,” the source said of the private-equity firm that already owns tech names including McAfee and Landesk.
It’s not clear how much Thoma Bravo might bid or when it might make an offer. The firm has an internal team working on the potential transaction, the source familiar with the matter told The Post.
“You are not far off,” a second source close to the situation said when asked by The Post if Thoma Bravo was working on a possible bid for Twitter.
Thoma Bravo could be a white knight for the company and CEO Parag Argawal, one of the sources said.
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https://nypost.com/2022/04/14/elon-musk-could-have-competition-thoma-bravo-considers-bid-for-twitter/
