Thoma Bravo related stories
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PE-backed Quorum Software buys OGsysQuorum Software, a portfolio company of Thoma Bravo, has acquired Fort Worth-based OGsys, a provider of cloud-based oil and gas accounting software for small and medium-sized businesses. No financial terms were disclosed. Kirkland & Ellis LLP was legal adviser to Quorum while Holland, Johns & Penny LLP did likewise to OGsys.
- Thoma Bravo to sell Quorum's MOSAIC to satisfy regulator
Thoma Bravo has agreed to sell the MOSAIC product of portfolio company Quorum Software in response to a challenge from Ottawa's Competition Bureau. As part of the agreement, MOSAIC's purchaser must be acceptable to the Commissioner of Competition. In June, the Bureau said Thoma Bravo's ownership https://pehub.lndo.site/canada/2019/06/competition-watchdog-challenges-thoma-bravos-buy-of-aucerna/ of the two largest energy reserves software businesses in Canada, Quorum and Aucerna, was likely to reduce competition. It sought an order requiring the sale of either MOSAIC or Aucerna's Val Nav. Thoma Bravo announced the acquisition of Aucerna https://www.pehub.com/canada/2019/02/thoma-bravo-to-acquire-energy-software-provider-aucerna/ a Calgary-based provider of planning, execution and reserves solutions to the oil and gas industry, in February.
- Thoma Bravo to sell iPipeline to Roper Technologies
Thoma Bravo has agreed to sell iPipeline, a provider of cloud-based software solutions for the life insurance and financial services industry, to Roper Technologies. The purchase price is $1.625 billion. The deal is expected to close in the third quarter. In addition to the transaction, Larry Berran, chief financial officer and chief operating officer of iPipeline, will be named CEO.
- Eurazeo buys digital supply network Elemica
Eurazeo has acquired Wayne, Pennsylvania-based Elemica, a digital supply network. No financial terms were disclosed. Elemica was backed by Thoma Bravo.
- PE HUB Wire Highlights, 7.31.19
Aurora nears $1.5 bln target on Fund VI; Carlyle switches to C-corp; Thoma Bravo buys J.D. Power
- Thoma Bravo to buy J.D. Power
Thoma Bravo said July 30 that it agreed to buy J.D. Power. Financial terms weren’t announced. J.D. Power provides data analytics and consumer intelligence.
- PE HUB Wire Highlights, 7.29.19
Should first-time GPs put every dime they have into a first fund?; Thoma Bravo, Silver Lake bid for J.D. Power; Bain-backed Swift Prepaid weighs sale
PEI 300 2019: Tech strategy helps three firms into top 20The good times are rolling for technology and innovation-focused managers.