Thoma Bravo completed the acquisition of Mercell for $490m.

Thoma Bravo, one of the largest private equity firms in the world, completed the acquisition of Mercell, a platform for public e-tendering and services, for $490m. "Mercell has built an outstanding SaaS network of buyers and suppliers in the Nordic region for public tendering. As a private company, we believe Mercell will benefit from our knowledge, network and resources to better achieve its long-term potential and continued growth trajectory. We are truly thrilled to work in partnership with Terje and his team to continue to expand globally, to further invest in product development, and to continue to make strategic acquisitions," George Jaber, Thoma Bravo Senior Vice President.