February 12, 2019 / 1:13 PM / a month ago

Thoma Bravo to take Ellie Mae private for about $3.7 billion

Feb 12 (Reuters) - Mortgage software company Ellie Mae Inc said on Tuesday it would be acquired by private equity firm Thoma Bravo LLC for about $3.7 billion.

As part of the deal, Ellie Mae shareholders will receive $99.00 in cash per share, a premium of 21 percent to its closing price on Monday. (Reporting by Sonam Rai in Bengaluru; Editing by Arun Koyyur)

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