Report: IronSource in talks to merge with SPAC at $10 billion valuation
The targeting company is Thoma Bravo, one of the largest and most active investment firms operating in the tech sector
Meir Orbach | 12:11 15.03.2021
U.S.-based investment firm Thoma Bravo is in talks to merge its Special Purpose Acquisition Company (SPAC) with Israeli web and mobile monetization company IronSource Ltd. and go public at a valuation of $10 billion, according to a report by Bloomberg. Thoma Bravo, which is considered one of the largest and most active investment firms operating in the tech sector, acquired Shlom Kramer’s information security company Imperva Inc. in January 2019.