Australia's Nearmap agrees to $729m takeover offer from US PE firm Thoma Bravo

Australia's Nearmap agrees to $729m takeover offer from US PE firm Thoma Bravo

An aerial view of Lau Pa Sat, Singapore. Photo by Fahrul Azmi on Unsplash

Aerial imagery company Nearmap Ltd said on Monday it agreed to an A$1.06 billion ($728.5 million) takeover offer from Thoma Bravo LP, becoming the latest technology firm that the US private equity firm has bet on in recent months.

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