Buyout firm Thoma Bravo approaches Twitter with acquisition interest

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Buyout firm Thoma Bravo LP has contacted Twitter Inc to express interest in putting together an acquisition offer that would rival Tesla Inc Chief Executive Elon Musk's $43 billion bid, people familiar with the matter said on Friday.

Thoma Bravo, a private equity firm that had more than $103 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 materialize, 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.Register now for FREE unlimited access to Reuters.comThe Thomson Reuters Trust Principles.Sign up to our tech newsletter to get the latest news and trends in the global technology industry.

 

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