Thoma Bravo has completed its buy of Deltek, a provider of enterprise software and information solutions for professional services firms and government contractors, for $1.1 billion. Deltek stopped trading on the Nasdaq. The seller was New Mountain Capital.
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Deltek Inc. (Nasdaq: PROJ), a Herndon, Va.–based provider of enterprise applications software for project-focused businesses, has filed for a $60 million rights offering. New Mountain Capital, the company’s largest shareholder, has said it intends to participate.