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AI IntelligenceJun 18, 2026M&A
Article

Blackstone -> Medallia

Thoma Bravo hands Medallia to lenders in one of PE's biggest losses, losing its entire $5B investment. A Blackstone-led consortium will take over the software company and inject $150M to help cut its debt load.

Data Cube AI EditorialSource: FT M&A
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Source Brief

Thoma Bravo hands Medallia to lenders in one of PE's biggest losses, losing its entire $5B investment. A Blackstone-led consortium will take over the software company and inject $150M to help cut its debt load.

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