Thoma Bravo related stories
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Thoma Bravo to acquire T2 Systems from Pamlico CapitalThoma Bravo LLC will acquire Indianapolis-based T2 Systems Inc, a provider of parking management technology. The seller is Pamlico Capital. No financial terms were disclosed. The Carlyle Group and Madison Capital Funding provided the debt funding for the deal.
Thoma Bravo completes $1.57 bln acquisition of Trader CorpU.S. private equity firm Thoma Bravo has closed its acquisition of Trader Corp, a Canadian digital automotive marketplace and software solutions provider. The deal, announced in July /canada/2016/7/apax-partners-to-sell-trader-corp-to-thoma-bravo-for-1-57-bln-reuters/ was valued at about $1.57 billion (US$1.22 billion). The seller was British private equity firm Apax Partners, which held the Etobicoke, Ontario-based company for close to five years. Holden Spaht, a managing partner at Thoma Bravo, said the firm will focus on further development of Trader and support its future growth initiatives.
- PE-owned Imprivata appoints new president/CEO
Thoma Bravo-owned Imprivata, a healthcare IT security company, has named Gus Malezis as president and CEO. Previously, Malezis was the president of Tripwire.
- Thoma Bravo completes take-private Imprivata acquisition
Thoma Bravo has closed its previously announced buy of healthcare IT security company Imprivata for $19.25 per share. As a result of the deal's completion, Imprivata stock will stop trading and be delisted from the New York Stock Exchange. Barclays provided financial advice to Imprivata on the transaction while Silicon Valley Bank arranged the debt financing.
- Thoma Bravo closes Fund XII on $7.6bn hard-cap
The fund is yet another Thoma Bravo investment vehicle to reach its hard-cap, and more than doubles the size of Fund XI.
Thoma Bravo wraps up 12th fund at $7.6 blnThoma Bravo LLC has closed its oversubscribed http://www.prnewswire.com/news-releases/thoma-bravo-announces-final-close-for-flagship-fund-xii-76-billion-to-target-software-and-technology-sectors-300326130.html 12th flagship fund at its $7.6 billion hard cap.
HP Enterprise in talks to sell software unit to Thoma Bravo, say sources: ReutersHewlett Packard Enterprise Co (HPE) is in talks with buyout firm Thoma Bravo LLC to sell its software division, hoping it can fetch between $8 billion and $10 billion, sources told Reuters.
- Infoblox begins negotiations to sell itself, say sources: Reuters
U.S. network security firm Infoblox Inc (BLOX.N) has launched a process to sell itself after it received buyout interest from private equity firms and it came under pressure from activist fund Starboard Value LP, sources told Reuters.
- Thoma Bravo continues hiring streak with 3 additions
The software and technology-focused firm has hired a partner from HGGC to work on the Thoma Bravo Discover Fund.