ironSource went public via a SPAC merger with Thoma Bravo Advantage in a $11.1bn deal.

ironSource, an Israeli software company, went public via a SPAC merger with Thoma Bravo Advantage in a $11.1bn deal. The merger includes a PIPE from Tiger Global Management, Morgan Stanley, Nuveen, Hedosophia, Wellington Management, The Baupost Group, and Fidelity Investments Canada ULC. "Joining forces with Thoma Bravo Advantage to bring ironSource to the public markets presents an opportunity to partner with the world's leading software investor to achieve the next level of growth. Despite our previous progress pursuing a traditional IPO, when we met with Thoma Bravo Advantage we found an alignment of vision and shared conviction about the long-term growth we can drive at ironSource that made them the perfect partner as we take this next step in growing our company, and the market as a whole," Tomer Bar Zeev, ironSource CEO.