Thoma Bravo to acquire Frontline Education

Thoma Bravo will acquire Frontline Education, a provider of administrative and HR software solutions for educational organizations. No financial terms were disclosed. As a result of the deal, Insight Venture Partners will retain a minority stake in Frontline. The transaction is expected to close late in the third quarter of this year. UBS Investment Bank was the lead investment adviser for Frontline while Willkie, Farr & Gallagher LLP and Cooley LLP served as legal advisers. And, Kirkland and Ellis LLP advised Thoma Bravo.

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