Thoma Bravo related stories
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Temasek to invest in GHXTemasek has agreed to make a "significant" investment in Louisville, Colorado-based Global Healthcare Exchange LLC, a provider of connected, intelligent healthcare supply chains. No financial terms were disclosed. Also, as part of the deal, Thoma Bravo, which acquired GHX in 2014, will retain a minority stake while the current GHX senior management will remain as leaders of the company. J.P. Morgan Securities LLC, Credit Suisse Securities (USA) LLC and Cleary Gottlieb Steen & Hamilton LLP are advising Temasek while Goldman Sachs is providing financial advice to Thoma Bravo.
Tech funds rise up ranksPrivate equity capital raised by tech-focused firms among the 30 largest GPs has expanded by more than six times from 2013 to 2017.
- Thoma Bravo to buy Lexmark's enterprise software business
Thoma Bravo has agreed to acquire Lexmark's enterprise software business from Lexmark International. No financial terms were disclosed. At the close of the transaction, Lexmark's perceptive software business will be sold to Hyland Software Inc, a portfolio company of Thoma Bravo. Lazard is serving as financial adviser to Lexmark International while Credit Suisse and Goldman Sachs serving as financial advisers to Thoma Bravo and Hyland.
- Bain, Carlyle and Thoma Bravo bid for Citrix Systems: Bloomberg
Bain Capital, Carlyle Group and Thoma Bravo are among the bidders for Citrix Systems Inc, Bloomberg is reporting. At least one strategic is also interested in Citrix, a cloud services, which has a roughly $12.3 billion market cap, the story said. The buyout shops submitted their offers for Citrix last week, Bloomberg said. Goldman Sachs is advising on the process, the story said.
PE HUB First ReadFirst Read starts the day with news that Apple iPhones sales drop again, Hampton Creek's CEO fires top executives after fundraising problems and About.com has rebranded as Dotdash after 18 years.
- Hyland Software nears deal for Lexmark's software unit, say sources: Reuters
Hyland Software Inc, a U.S. business software company owned by buyout firm Thoma Bravo LLC, is nearing a deal to acquire the software division of printer maker Lexmark International Inc for nearly $1.5 billion, sources told Reuters.
OTPP-backed Riverbed Technology to buy VC-backed XirrusRiverbed Technology Inc has agreed to acquire Xirrus, a Thousand Oaks, California maker of wireless networking products. No financial terms were released. San Francisco's Riverbed said the deal, expected to close this month, will help expand its software-defined wide area network and cloud networking solution. Riverbed was acquired two years ago by Thoma Bravo and Ontario Teachers’ Pension Plan (OTPP) for about US$3.5 billion. Xirrus is backed by August Capital, Canaan Partners, InterWest Partners, QuestMark Partners, US Venture Partners and others.
- PE-owned Riverbed Technology to acquire VC-backed Xirrus
Riverbed Techology, which is owned by Thoma Bravo, HarbourVest and Ontario Teachers' Pension Plan, has agreed to acquire Thousand Oaks, California-based Xirrus, a provider of next-generation Wi-Fi networks. No financial terms were disclosed. Xirrus was backed by August Capital, Canaan Partners, InterWest Partners, QuestMark Partners and US Venture Partners.
- TPG acquires Intel's McAfee cyber security unit
TPG Capital has closed its previously announced https://www.tpg.com/story/tpg-acquires-majority-stake-mcafee acquisition of a majority stake in Intel's McAfee cyber security unit in a deal that values the latter company at $4.2 billion. Intel will retain a 49 percent stake in the company while Thoma Bravo has joined as a minority investor.
- Apax France hits €1bn hard-cap on Fund IX – Exclusive
The Paris-based buyout house was initially targeting €750m for its ninth buyout fund, which has already made three investments.