Thoma Bravo Acquires Ellie Mae – 10% Staff Laid Off in Restructure

Ellie Mae laid off around 10 percent of its staff in a team restructure plan after being acquired in April by Thoma Bravo for an all cash $3.7 billion purchase. Ellie Mae, Inc. is a cloud based software company that electronically processes 35% of all U.S. mortgage applications through its streamlined mortgage origination process. Ellie…

Read More