Thoughtworks (TWKS) Completes Go Private Transaction

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Go back to Thoughtworks (TWKS) Completes Go Private Transaction

Thoughtworks Completes Transaction to Go Private in $1.75 Billion Deal with Apax Funds

November 13, 2024 8:49 AM EST

CHICAGO--(BUSINESS WIRE)-- Thoughtworks (NASDAQ: TWKS), a global technology consultancy that integrates strategy, design and engineering, today announced the completion of its acquisition by affiliates of certain investment funds advised by Apax Partners LLP (Apax Funds).

The transaction, valued at approximately $1.75 billion, takes Thoughtworks private. Under the terms of the agreement, Thoughtworks stockholders will receive $4.40... More