Thoma Bravo sells Embarcadero Technologies to Idera

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.


Thoma Bravo closes MedeAnalytics buy

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.


James joins Thoma Bravo

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.


Second Opinion

Big financial firms invest $30 mln in block chain tech company, Box reports strong numbers and add anti-money laundering to the compliance issues private equity needs to worry about.


Thoma Bravo to exit Sirius Computer Solutions

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.


Thoma Bravo to buy majority stake in MedeAnalytics

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.


Thoma Bravo to buy majority stake in DigiCert

Thoma Bravo LLC has agreed to acquire a majority stake in Lehi, Utah-based DigiCert, a provider of trusted certificate management solutions. The seller is TA Associates, which will retain a minority stake in DigiCert as part of the transaction. No financial terms were disclosed. Jefferies LLC provided financial advice to Thoma Bravo while Evercore did likewise for DigiCert. Jefferies Finance LLC and Fifth Street Asset Management provided the financing for the deal.


Thoma Bravo buys iPipeline

Thoma Bravo has acquired Exton, Pennsylvania-based iPipeline, a tech provider of cloud-based software solutions for the life insurance sector. The sellers were NewSpring Capital, Technology Crossover Ventures and Volition Capital. No financial terms were disclosed. Golub Capital and Ares Capital Corp provided funding for the deal. Credit Suisse was the lead financial advisor to iPipeline on the transaction while Bank of America Merrill Lynch and William Blair served as co-advisors.


Thoma Bravo ups two to principal

Thoma Bravo has promoted Arvindh Kumar and Chip Virnig to principal. Previously, Kumar and Virnig were vice presidents. Prior to joining Thoma Bravo, Kumar worked at a number of firms that included Prospect Capital Management, BC Partners and Morgan Stanley while Virnig worked in Merrill Lynch & Co’s investment banking group.


Bain Capital completes Blue Coat acquisition

Bain Capital has closed its previously announced buy of cybersecurity company Blue Coat Systems Inc for about $2.4 billion in cash. The seller was Thoma Bravo LLCGoldman Sachs provided financial advice to Blue Coat on the transaction while Jefferies LLC did likewise for Bain Capital.

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