Needham & Company Downgrades Ellie Mae (ELLI) to Hold Following Acquisition

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Ellie Mae (ELLI) to Be Acquired by Thoma Bravo for $3.7 Billion

February 12, 2019 8:00 AM EST

Ellie Mae® (NYSE: ELLI), the leading cloud-based platform provider for the mortgage finance industry, announced that it has entered into a definitive agreement to be acquired by Thoma Bravo, LLC, a leading private equity investment firm, in an all-cash transaction that values Ellie Mae at an aggregate equity value of approximately $3.7... More