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TPG, Thoma Bravo Express Takeover Interest For This Cloud Application Provider

Benzinga LogoBenzinga2 mo ago

TPG, Thoma Bravo Express Takeover Interest For This Cloud Application Provider - Benzinga

Quick Summary:

Workiva Inc (NYSE: WK), a cloud application provider for reporting and compliance, attracted takeover interest from private equity firms.

Thoma Bravo and TPG are among firms that have held financing discussions with direct lenders to support a potential transaction, Bloomberg reports.

Workiva, led by CEO Martin Vanderploeg, had a market valuation of about $3.5 billion before ...


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Article Details

Author / Journalist: Anusuya Lahiri

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-29 @ 12:54:36 (2 months ago)

News Timezone: GMT +8:00

Ranking: #200 (out of 3449 stories this day)

News Source URL: benzinga.com

Language: English

Article Length: 13 words

Reading Time: 1 minutes read

Sentences: 2 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 620142

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About Benzinga

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 25 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 16 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

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