Medallia, Inc. (NYSE: MDLA), a San Francisco, CA-based provider of customer and employee experience solutions, is to be acquired by Thoma Bravo.
The all-cash transaction values Medallia at $6.4 billion. The transaction is expected to close in 2021, subject to customary closing conditions, including approval by Medallia shareholders and receipt of regulatory approvals. Upon completion of the transaction, Medallia’s common stock will no longer be listed on any public market.
Led by Leslie Stretch, President and CEO, Medallia is a provider of a SaaS based customer, employee, citizen and patient experience platform. The Medallia Experience Cloud captures billions of experience signals across interactions including all voice, video, digital, IOT, social media and corporate messaging tools. It uses proprietary artificial intelligence and machine learning technology to automatically reveal predictive insights that drive business actions and outcomes.
FinSMEs
27/07/2021