Thoma Bravo related stories
All articles and analysis
Clearlake Capital to buy LandeskClearlake Capital Group said Jan. 3 that it agreed to buy Landesk from Thoma Bravo. Financial terms weren’t announced. Clearlake is combining Landesk with portfolio company, Heat Software, which will do business under new yet-to be-announced name. Landesk, of Salt Lake City, Utah, makes management software. Morgan Stanley Senior Funding Inc, Barclays, Jefferies, Golub Capital, Macquarie Capital, and Nomura are providing financing. Morgan Stanley, Evercore, Barclays, and Jefferies served as financial advisors to HEAT and Clearlake. UBS Investment Bank served as financial advisor to Thoma Bravo.
- Thoma Bravo sells Deltek to Roper Technologies for $2.8 bln
Roper Technologies Inc has completed its previously announced acquisition of Deltek from Thoma Bravo for $2.8 billion. Based in Herndon, Virginia, Deltek is a provider of software and information solutions for government contractors and professional services firms.
- Thoma Bravo to sell Mediware to TPG
TPG has agreed to acquire Lenexa, Kansas-based Mediware Information Systems Inc, a provider of software for healthcare and human services providers. The seller is Thoma Bravo. No financial terms were disclosed for the deal that's expected to close during the first quarter of 2017. BofA Merrill Lynch, Goldman Sachs and SunTrust Robinson Humphrey served as financial advisers to TPG on the acquisition.
- Privately Speaking: Orlando Bravo
Thoma Bravo just closed Fund XII on $7.6bn, twice the size of its predecessor. Managing partner Orlando Bravo talks about how the firm evolved from a generalist private equity shop to a software specialist, and his own role in that transformation.
- Predictions revisited
At the end of last year we made five predictions for 2016; let’s see how we did…
- Thoma Bravo to exit Deltek in $2.8 bln deal
Roper Technologies Inc said Dec. 6 that it agreed to buy Deltek in a deal valued at $2.8 billion in cash. Thoma Bravo is the seller. Deltek, of Herndon, Virginia, provides software and information solutions for government contractors and professional services firms.
- Massachusetts PRIM releases 5-year carry data
PRIM, which has been building on its co-investment programme to cut fees and carry, has steadily reduced carried interest expenses in the past few years.
- Orlando Bravo: Our LPs ‘very comfortable’ without a hurdle
Thoma Bravo’s funds have satisfied their LPs to justify their streak of no preferred return going forward.
- Apax France gathers €750m for Fund IX – Exclusive
The Paris-based buyout house has reached its target for the fund, and is on-track to hold a final close by year-end.