NEW YORK (CNA) – Buyout firm Thoma Bravo has contacted Twitter to express interest in putting together an acquisition offer that would rival Tesla Chief Executive Elon Musk’s USD43 billion bid, people familiar with the matter said on Friday.
Private equity firm Thoma Bravo, that had more than USD103 billion in assets under management as of the end of December, has informed Twitter that it is exploring the possibility of putting together a bid, the sources said.
It is not clear how much Thoma Bravo would be prepared to offer, and there is no certainty that such a rival bid will materialise, the sources cautioned, asking not to be identified because the matter is confidential.
A Thoma Bravo spokesperson declined to comment while Twitter representatives did not immediately respond to a request for comment.
The New York Post reported on Thursday that Thoma Bravo was considering a bid for Twitter.
