transaction valuing the company at approximately $4.8 billion.

In October 2021, Thoma Bravo took enterprise software company Medallia private for $6.4 billion. In June 2026 Business Wire reported that Medallia has entered an agreement which changes ownership from Thoma Bravo to an investor group led by Blackstone, Apollo, and FS KKR Capital Corp (FSK).

In September 2021, Thoma Bravo completed the acquisition of Stamps.com,

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