Thoma Bravo has confirmed it will not inject additional capital into customer experience software provider Medallia, as pressure builds on the business following a difficult post-pandemic buyout cycle, according to a report by Bloomberg.
Speaking at a recent industry event, Thoma Bravo founder and managing partner Orlando Bravo indicated that creditors are now likely to assume control of the company, reflecting a shift in outcomes for one of the firm’s more challenged investments.
Bravo said the...
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