Deals
Thoma Bravo SPAC Agrees to Take IronSource Public
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Thoma Bravo’s blank-check firm has reached an agreement to take app software company ironSource public through a merger that values the combined business at $11.1 billion.
Thoma Bravo Advantage, a special purpose acquisition company, or SPAC, will help fund the deal with $1.3 billion of new investment from a group of blue-chip asset managers including Tiger Global Management, Wellington Management and Seth Klarman’s Baupost Group, according to a statement Sunday, confirming a Bloomberg News report.