Thoma Bravo buys majority stake in Apttus in unexpected ending

Apttus, a quote-to-cash vendor built on top of the Salesforce platform that looked to be heading toward an IPO in recent years has taken a different tack, instead being acquired by private equity firm Thoma Bravo today.
The company did not reveal the purchase price, but said it could be ready to share more details about the arrangement after the deal closes, probably next month. “What we can say is that Apttusviews this development positively and believes Thoma Bravo can instill greater op