Latest News About Blackstone-led recapitalizes Medallia at historic loss

A Influential private equity investor group has recapitalized Medallia, marking one of private equity’s biggest losses. The deal sees Thoma Bravo hand Medallia to lenders after its investment struggled to bounce back.

Medallia’s recapitalization caps a striking wipeout for private equity, with stakeholders facing total failure. Sources say the current downturn a ‘total disaster’ for the industry.

Sources & References