Thoma Bravo Is Said to Explore $8 Billion Sale of J.D. Power

Feb. 21, 2024, 1:39 AM UTC

Thoma Bravo LLC is weighing a sale of J.D. Power and is working with a financial adviser to gauge interest in the consumer intelligence provider, according to people with knowledge of the matter.

The technology-focused buyout firm is seeking for J.D. Power to be valued in a deal at about $8 billion including debt, said one of the people, who asked not to be identified discussing confidential information.

Deliberations are still at an early stage and there’s no certainty they’ll lead to a transaction, the people said. A representative for J.D. Power referred inquiries to Thoma Bravo, which declined to ...

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