Medallia Inc. is being taken over by a group of creditors led by Blackstone Inc. after its owner Thoma Bravo said it wasn’t going to inject fresh cash into the ailing software-as-a-service company.
Geopolitics Bloomberg Jun 17, 2026
Blackstone-Led Creditors Take Over Ailing Software Firm Medallia
Medallia Inc. is being taken over by a group of creditors led by Blackstone Inc. after its owner Thoma Bravo said it wasn’t going to inject fresh cash into the ailing software-as-a-service company.
