ironSource Announces Combination with Thoma Bravo Advantage to Create a Publicly-Traded Business Platform for the App Economy

ironSource, a leading business platform that enables mobile content creators to prosper within the app economy, will combine with Thoma Bravo Advantage at an implied pro forma equity value of approximately $11.1 billion.

ironSource recorded 2020 revenue and adjusted EBITDA of $332 million and $104 million, respectively, growing revenue at 83% year over year.