People familiar with the situation said on Friday that buyout company Thoma Bravo LP has approached Twitter Inc (TWTR.N) to show interest in putting together an acquisition offer that would compete with Tesla Inc (TSLA.O) Chief Executive Elon Musk’s $43 billion offer.
According to the sources, Thoma Bravo, a private equity group with more than $103 billion in assets under management as of the end of December, has alerted Twitter that it is considering putting together an offer.
It’s unclear how much Thoma Bravo might be willing to offer, and there’s no guarantee that such a rival bid will materialize, according to the individuals, who declined to be identified since the topic is private.
A spokesperson for Thoma Bravo declined to comment, and officials for Twitter did not immediately respond to a request for comment.
According to the New York Post, Thoma Bravo is exploring a bid for Twitter.