https://www.live-feeds.com/feed/thoma-bravo-hands-medallia-to-lenders-in-one-of-private-equity-s-biggest-lossesContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/thoma-bravo-hands-medallia-to-lenders-in-one-of-private-equity-s-biggest-losseshttps://www.live-feeds.com/feed/thoma-bravo-hands-medallia-to-lenders-in-one-of-private-equity-s-biggest-losses#u11473Wed, 24 Jun 2026 14:47:40 +0000A lender group consisting of Blackstone, Apollo, and FS KKR has taken control of Medallia from Thoma Bravo. This transition wipes out Thoma Bravo's equity stake in the software firm. The new owners are providing $150 million in capital to support an AI push and reduce debt.What's confirmed:Blackstone, Apollo, and FS KKR Capital are taking control of Medallia.The lender group is injecting $150 million of new capital into the company.Thoma Bravo's equity stake in Medallia, valued at $5 billion, has been erased.Still unconfirmed:The Medallia loss indicates that private equity's sof https://www.live-feeds.com/feed/thoma-bravo-hands-medallia-to-lenders-in-one-of-private-equity-s-biggest-losseshttps://www.live-feeds.com/feed/thoma-bravo-hands-medallia-to-lenders-in-one-of-private-equity-s-biggest-losses#u7901Mon, 22 Jun 2026 05:10:52 +0000Thoma Bravo has handed control of Medallia to a lender group led by Blackstone, Apollo, and FS KKR. The transition follows a massive equity wipeout resulting from a 2021 buyout. A $150 million capital injection will stabilize the company's balance sheet.What's confirmed:A consortium led by Blackstone, Apollo, and FS KKR has taken control of Medallia.Thoma Bravo suffered a $5 billion equity wipeout on its Medallia investment.The deal includes $150 million in new capital to stabilize the balance sheet.Still unconfirmed:Thoma Bravo acquired Medallia for $6.4 billion in 2021.This loss is the https://www.live-feeds.com/feed/thoma-bravo-hands-medallia-to-lenders-in-one-of-private-equity-s-biggest-losseshttps://www.live-feeds.com/feed/thoma-bravo-hands-medallia-to-lenders-in-one-of-private-equity-s-biggest-losses#u4692Fri, 19 Jun 2026 13:57:55 +0000Thoma Bravo has transferred Medallia to a consortium led by Blackstone, Apollo, and FS KKR. The deal involves a $150 million capital injection to stabilize the balance sheet. This transition follows a massive equity wipeout for the private equity firm.What's confirmed:A consortium led by Blackstone has taken control of Medallia from Thoma Bravo.Thoma Bravo has ceded control of Medallia to its lenders.Still unconfirmed:The equity wipeout for Thoma Bravo totaled $5.1 billion. https://www.live-feeds.com/feed/thoma-bravo-hands-medallia-to-lenders-in-one-of-private-equity-s-biggest-losseshttps://www.live-feeds.com/feed/thoma-bravo-hands-medallia-to-lenders-in-one-of-private-equity-s-biggest-losses#u3744Thu, 18 Jun 2026 21:01:48 +0000Thoma Bravo has transferred control of Medallia to a group led by Blackstone, Apollo, and FS KKR. The restructuring includes a $150 million capital injection to improve the company balance sheet. This move follows significant financial pressure on software loans.What's confirmed:A consortium led by Blackstone, Apollo, and FS KKR has taken control of Medallia from Thoma Bravo.The agreement provides $150 million of new capital to Medallia.The ownership transition is part of a private credit restructuring.Still unconfirmed:The transaction represents a $5.1 billion equity loss for Thoma Bravo.Meda https://www.live-feeds.com/feed/thoma-bravo-hands-medallia-to-lenders-in-one-of-private-equity-s-biggest-losseshttps://www.live-feeds.com/feed/thoma-bravo-hands-medallia-to-lenders-in-one-of-private-equity-s-biggest-losses#u2936Thu, 18 Jun 2026 04:37:12 +0000Thoma Bravo has surrendered Medallia to its lenders, crystallizing a $5.1 billion equity loss on its 2021 acquisition. A consortium led by Blackstone, Apollo, and FS KKR now controls the company after injecting $150 million in new capital and slashing debt. Medallia will pivot to AI-driven innovation under new ownership, though its future profitability remains uncertain.What's confirmed:Thoma Bravo has handed Medallia to its lenders, resulting in a $5.1 billion equity loss on its 2021 acquisition of the company.A group led by Blackstone, Apollo, and FS KKR Capital Corp. has taken control of Me