Private Equity Firm Thoma Bravo Launching SPAC: Reuters

Thoma Bravo has hired an investment bank to raise funds in an IPO for a SPAC, Reuters reports. That would make Thoma Bravo one of the first technology-focused buyout firms to join Wall Street’s SPAC craze, Reuters added.

The SPAC will target an acquisition in the software and technology sector, Reuters reported, citing anonymous sources. Thoma Bravo declined to comment. Read more.

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