Thoma Bravo related stories
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- Thoma Bravo enters exclusivity on sale of InfoVista to Apax
Thoma Bravo entered an exclusive agreement to sell InfoVista to Apax Partners for an undisclosed amount. Thoma Bravo acquired InfoVista, which provides network performance services, in 2012 through a take-private on the Euronext exchange. The offer is subject to consultations with the relevant employee bodies before entering final negotiations.
- PRIM makes more than $400m in new commitments
The Boston-based pension plan, which manages $60 billion in assets, announced commitments across several strategies including buyouts, venture capital and distressed debt.
- Thoma Bravo-backed Landesk agrees to buy AppSense
IT company Landesk agreed to acquire AppSense, a provider of secure user environment management solutions. Based in Salt Lake City, Utah, Landesk has been backed by Thoma Bravo since September 2010.
PE HUB Second OpinionIn Thursday's Second Opinion, secondary shops are being flooded with unicorn share sellers, Tech Crunch reports, IBM is buying Truven Health Analytics from Veritas Capital Management for $2.6 billion, and Uber is losing $1 billion a year to compete in China.
- Thoma Bravo closes Discover Fund on $1.07 hard-cap
The fund will seek opportunities in the lower mid-market, away from the larger deals sought by the firm’s flagship funds.
- Silver Lake, Thoma Bravo close $4.5 bln buy of SolarWinds
Silver Lake Partners and Thoma Bravo LLC have completed their buy of SolarWinds Inc for about $4.5 billion. SolarWinds stock has stopped trading on the New York Stock Exchange. Based in Austin, Texas, SolarWinds provides IT infrastructure management software to small businesses, government agencies and educational institutions worldwide. The deal was announced in October.
OTPP-backed Riverbed Technology buys Germany's OcedoRiverbed Technology Inc has acquired Germany's Ocedo, a provider of software-defined networking and software-defined wide-area-network solutions. No financial terms were disclosed. Riverbed, a San Francisco-based application performance infrastructure company, said the acquisition accelerates its strategy to deliver software-defined networking solutions and creates new opportunities for growth. Last April, Riverbed was taken private /canada/2015/04/24/thoma-bravo-and-ontario-teachers-pension-complete-take-private-acquisition-of-riverbed/ by Thoma Bravo and Ontario Teachers’ Pension Plan (OTPP). The deal was valued at about US$3.5 billion.
- Thoma Bravo-owned Sparta Systems buys 123Compliance
Sparta Systems, a portfolio company of Thoma Bravo, has acquired 123Compliance, a provider of complaint handling, quality management, regulatory reporting and document management systems for small and mid-sized pharmaceutical and medical device companies. No financial terms were disclosed.