Thoma Bravo related stories
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Talking Price Point with Steve Gelsi: Thoma Bravo's aggressive 15.5x multiple for TravelClick may pay offWith a total deal price of $930 million and a trailing 12-month EBITDA of $60 million, Thoma Bravo is betting that its aggressive 15.5x purchase price multiple for the pending acquisition of Genstar Capital’s TravelClick business will lead to more growth ahead.
Number of sponsor-to-sponsor deals drops in 2014The number of global secondary buyouts has actually dropped this year and some think that's a good thing for LPs.
- Genstar in 3.8x software exit to Thoma Bravo
The firm will sell hospitality software company TravelClick for $930m.
- Genstar to exit TravelClick for $930 mln
Thoma Bravo has agreed to buy TravelClick from Genstar for $930 million. The deal is expected to be completed in the second quarter of 2014. Evercore served as financial advisor to Genstar and TravelClick while Ropes & Gray was legal advisor. TravelClick is a provider of cloud-based solutions for the hospitality sector.
- Thoma Bravo's Embarcadero agrees to buy CA Technologies' data modeling business
Embarcadero Technologies, a portfolio company of Thoma Bravo, has agreed to acquire software firm CA Technologies' CA ERwin data modeling solution. No financial terms were disclosed.
- Thoma Bravo completes GHX acquisition
Thoma Bravo has completed its acquisition of Global Healthcare Exchange, a provider of connected, intelligent healthcare supply chains. GHX is a leader in software solutions that automate healthcare’s medical-surgical supply chain, and last year, expanded its solutions into the operating room with implantable device supply chain applications.
- TwinBridge Capital Fund III raises $450 mln
TwinBridge Capital Partners has closed its third fund at $450 million, sister website peHUB reported.
- Twin Bridge closes third FoF on $452m
The Chicago-based firm closed its Pacific Street Fund III on its target.
- Thoma Bravo promotes Sayle to partner
The promotion of Robert Sayle brings the number of partners at the firm to seven.
- Thoma Bravo promotes Robert Sayle to partner
Thoma Bravo has promoted Robert Sayle to partner. Sayle joined Thoma Bravo in 2005 and was most recently principal in the San Francisco office. Prior to Thoma Bravo, Sayle worked at JP Morgan and Hambrecht & Quist in San Francisco. Sayle was instrumental in the firm's acquisitions and developments of software portfolio companies Embarcadero Technologies; Empirix; Entrust; InfoVistas; LANDesk Software; Network Instruments; SonicWALL; and Tripwire.