NEW YORK (Reuters) – Buyout firm Thoma Bravo LP has contacted Twitter Inc to precise interest in placing collectively an acquisition supply that might rival Tesla Inc Chief Executive Elon Musk’s $43 billion bid, folks acquainted with the matter stated on Friday.
Thoma Bravo, a non-public fairness firm that had greater than $103 billion in property below administration as of the tip of December, has knowledgeable Twitter that it’s exploring the potential of placing collectively a bid, the sources stated.
It isn’t clear how a lot Thoma Bravo could be ready to supply and there’s no certainty that such a rival bid will materialize, the sources cautioned, asking to not be recognized as a result of the matter is confidential.
A Thoma Bravo spokesperson declined to remark whereas Twitter representatives didn’t instantly reply to a request for remark.
The New York Post reported on Thursday that Thoma Bravo was contemplating a bid for Twitter.
(Reporting by Greg Roumeliotis and Krystal Hu; Editing by Sandra Maler)
