Rival to Elon Musk, who wanted to buy Twitter: Thoma Bravo

American private equity firm Thoma Bravo has reportedly prepared an acquisition offer for Twitter that will rival Elon Musk's $43 billion bid.
 Rival to Elon Musk, who wanted to buy Twitter: Thoma Bravo
READING NOW Rival to Elon Musk, who wanted to buy Twitter: Thoma Bravo

The conditions regarding Elon Musk’s claim to buy Twitter are getting more detailed every day and information continues to flow even at the weekend. According to Reuters, the billionaire’s rival in this deal is Thoma Bravo, who also started negotiations with Twitter.

Elon Musk offers $43 billion to buy Twitter

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Twitter wars

Founded over 40 years ago, Thoma Bravo is an American investment firm specializing in buying shares of software developers. It has portfolios of more than 40 core assets that generate more than $15 billion in annual revenue. The total value of assets under the company’s management currently reaches $103 billion.

The conditions under which Thoma Bravo will compete with Elon Musk for the right to take control of Twitter, and whether this will happen, remains to be determined. American media first reported on Thursday Thoma Bravo’s intentions to take part in the privatization of Twitter. Yesterday, it was said that the Silver Lake investment company could become a partner of Elon Musk. It should be noted that Thoma Bravo’s spokesperson refused to comment on the matter.

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