Majesco, which provides cloud insurance software solutions, has been offered a sweetened price of $729 million for its takeover by private equity firm Thoma Bravo. It can be recalled that the US insurtech company agreed to be acquired by the same private equity firm for $594 million or $13.1 per share in a deal signed […]
Intercontinental Exchange acquisition of Ellie Mae : US financial market company Intercontinental Exchange (ICE) has signed a cash cum stock deal worth around $11 billion to acquire Ellie Mae, a cloud-based mortgage software provider, from private equity investment firm Thoma Bravo. Based in California, Ellie Mae was established in 1997 with a goal to automate […]
Thoma Bravo acquisition of Majesco : Private equity firm Thoma Bravo has signed a $594 million deal to acquire US insurtech company Majesco, which claims to help insurers achieve digital business transformation through its cloud-based insurance software solutions. The acquisition by Thoma Bravo will help the New Jersey-based insurance technology provider become a privately held […]