Thoma Bravo to sell Sparta Systems to New Mountain

New Mountain Capital will acquire Hamilton, New Jersey-based Sparta Systems, a provider of cloud and on-premise quality management software. The seller is Thoma Bravo. No financial terms were disclosed. Lazard served as exclusive financial adviser to Sparta on the transaction while William Blair & Company did likewise for New Mountain Capital. The deal is expected to close in the third quarter of this year.

DealsNorth AmericaUSBriefs