Silver Lake, Thoma Bravo close $4.5 bln buy of SolarWinds

By Luisa Beltran — 3 days ago

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.

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Thoma Bravo-owned Sparta Systems buys 123Compliance

By Iris Dorbian — 3 weeks ago

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.

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Bishof to retire as Flexera Software CEO

By Luisa Beltran — 3 months ago

Flexera Software said Tuesday that CEO Mark Bishof would be retiring on Dec. 31. Jim Ryan, currently the company’s COO, to assume the role of CEO on January 1, 2016. Bishof has served as President and CEO of Flexera Software since its inception in April, 2008, when it spun out from Macrovision. Flexera is a portfolio company of Ontario Teachers’ Pension Plan and Thoma Bravo.

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Thoma Bravo reaps 4.7x return on Sirius Computer exit

By Chris Witkowsky — 3 months ago

Thoma Bravo completed the sale of Sirius Computer Solutions Inc. to Kelso & Co. for a 4.7x return. The firm first invested in Sirius Computer in 2006. The company increased gross revenue from more than $600 million to an expected $1.7 billion in 2015. Harvey Najim, founder and executive chairman of Sirius Computer, will be retiring.

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TravelClick buys ZDirect

By Luisa Beltran — 4 months ago

TravelClick, a portfolio company of Thoma Bravo, has acquired ZDirect. Financial terms weren’t announced. Located in Ottawa and South Carolina, ZDirect provides a customer relationship management platform in the hospitality sector. Waller Capital advised ZDirect.

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Thoma Bravo sells Embarcadero Technologies to Idera

By Iris Dorbian — 4 months ago

Thoma Bravo has sold San Francisco-based Embarcadero Technologies, a provider of software solutions for application and database development, to Idera Inc. No financial terms were disclosed for the deal that’s expected to be completed the middle of this month. Jefferies & Company Inc provided financial advice to Thoma Bravo on the transaction.

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Thoma Bravo closes MedeAnalytics buy

By Luisa Beltran — 4 months ago

Thoma Bravo has completed its buy of MedeAnalytics Inc. Financial terms weren’t announced. Prior investors Bain Capital Ventures and Emergence Capital Partners will remain minority shareholders. MedeAnalytics provides cloud-based financial performance analytics for the healthcare industry.

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James joins Thoma Bravo

By Luisa Beltran — 5 months ago

Jennifer James has joined Thoma Bravo LLC as Director, Head of Investor Relations & Marketing. James most recently served as Partner, Investor Relations & Marketing, for Sofinnova Ventures.

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Thoma Bravo to exit Sirius Computer Solutions

By Iris Dorbian — 5 months ago

Kelso & Company has agreed to acquire a stake in Sirius Computer Solutions Inc, an information technology solutions provider. The sellers are Thoma Bravo and Sirius founder Harvey Najim. No financial terms were disclosed. The transaction is expected to be completed in the fourth quarter of this year. Credit Suisse is providing financial advice to Kelso on the deal.

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Thoma Bravo to buy majority stake in MedeAnalytics

By Iris Dorbian — 5 months ago

Thoma Bravo has agreed to acquire a majority stake in MedeAnalytics Inc, a provider of financial performance analytics for the healthcare market. No financial terms were disclosed. As a result of the transaction, MedeAnalytics’ previous backers Bain Capital Integral Investors LLC and Emergence Capital Partners will retain their minority stakes.

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