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Thoma Bravo said to be exploring sale of Trader

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pPrivate equity firm Thoma Bravo is working with an adviser to solicit interest for Trade from a potential buyer, according to people with knowledge of the matter/p

Thoma Bravo is exploring the sale of Trader, a Canadian automotive marketplace and software provider, according to people with knowledge of the matter.

Thoma Bravo agreed in 2016 to buy Trader from Apax Partners for about C$1.6 billion, according to a statement at the time. Trader, headquartered in Etobicoke, Ontario, operates websites including autotrader.ca.

 

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