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Announced

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Thoma Bravo completed its $3.3bn acquisition of Ellie Mae.

Synopsis

Thoma Bravo completed its $3.3bn acquisition of Ellie Mae, the cloud-based platform provider for the mortgage finance industry. “Ellie Mae delivers powerful and innovative mortgage technology solutions across every channel of the residential mortgage sector, enabling lenders to originate more loans while reducing costs and driving efficiency, quality and compliance throughout the mortgage process. Ellie Mae is leading the digital transformation of the residential mortgage industry and we look forward to building on the company’s successes and to our partnership through this next chapter of growth,” Holden Spaht, Thoma Bravo Managing Partner.

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