Thoma Bravo plans to launch another blank-check vehicle for acquisitions, co-founder Orlando Bravo said, just hours after the private equity giant’s first SPAC sealed an $11.1 billion deal.
Any future SPAC will be at least as large as the first one, Bravo said in a Bloomberg Television interview. Thoma Bravo Advantage raised $1 billion in a January IPO and this week announced a merger with app software company IronSource. Read more.
