Thoma Bravo related stories
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Thoma Bravo adds partner and two VPs to teamThoma Bravo has named Hudson Smith as a partner. Previously, Smith worked at HGGC, where he led the firm’s tech investments. In addition to Smith, the private equity firm has also hired Matt Gilbert and AJ Jangalapalli as vice presidents. Prior to joining Thoma Bravo, Gilbert worked at Summit Partners while Jangalapalli is a recent MBA graduate from the University of Pennsylvania's Wharton School.
- Thoma Bravo explores sale of software firm Deltek, say sources: Reuters
Private equity firm Thoma Bravo LLC is exploring a sale of Deltek Inc that it hopes will value the U.S. provider of software to government contractors at as much as $3 billion, including debt, sources told Reuters.
- Thoma Bravo-backed Deltek buys Union Square
Deltek, which is backed by Thoma Bravo, has acquired Union Square, a UK-based provider of project information and collaboration software. No financial terms were disclosed.
- Thoma Bravo to buy Imprivata for about $544 mln
Thoma Bravo has agreed to acquire healthcare IT security company Imprivata for $19.25 per share or about $544 million. Barclays is providing financial advice to Imprivata on the transaction.
- NY State pension commits $1.5bn to tech funds
The New York State Common Retirement Fund committed $1.46bn to five different tech-focused private equity funds so far in 2016.
- Thoma Bravo completes Elemica acquisition
Thoma Bravo has closed its previously announced acquisition of Wayne, Pennsylvania-based Elemica, a supply chain operating network for the process sectors. No financial terms were disclosed. Houlihan Lokey acted as financial advisor to Elemica on the transaction.
- KKR to acquire Epicor from Apax
In its second exit this week, Apax is offloading the software maker in a deal generating a 4.4x return.
Apax to sell Trader Corp to Thoma Bravo for about $1.22 blnThoma Bravo has agreed to acquire Trader Corp, a Canadian provider of advertising for car dealers, from Apax Partners. The price of the transaction is about C$1.575 billion (about $1.22 billion).
- Apax to offload Trader Corp to Thoma Bravo
Thoma Bravo will pay around C$1.6 billion for the Canadian auto marketplace.
Apax Partners to sell Trader Corp to Thoma Bravo for $1.57 bln: ReutersBritish private equity firm Apax Partners LLP said it will sell Trader Corp, a Canadian provider of advertising for automotive dealers, to U.S. peer Thoma Bravo for about $1.57 billion, Reuters reported. The deal is expected to close in the fourth quarter. Trader Corp offers digital advertising tools to automotive dealers and also runs online car marketplaces, including autoTRADER.ca, which generate 13 million visits each month.