Thoma Bravo Acquires EQS Group AG

Thoma Bravo Acquires SailPoint Technologies for $6.9 Billion

August 16, 2022

Cybersecurity

Thoma Bravo completed its all-cash acquisition of SailPoint Technologies Holdings, Inc., valuing the company at approximately $6.9 billion. SailPoint stockholders received $65.25 per share, and SailPoint was taken private and delisted from the NYSE following closing.

Thoma Bravo Acquires QAD for Approximately $2 Billion

November 5, 2021

Cloud & SaaS

Thoma Bravo entered into a definitive, all-cash agreement to acquire QAD, a cloud-based provider of manufacturing and supply chain solutions, for an equity value of approximately $2 billion (about $87.50 per share). The transaction was subsequently completed, with QAD becoming a private company and its Nasdaq stock delisted.

Thoma Bravo Acquires Ellie Mae for $3.7B

February 10, 2019

Cloud & SaaS

Thoma Bravo, a leading private equity firm, acquired Ellie Mae, the Pleasanton-based cloud platform provider for the mortgage finance industry, in an all-cash transaction valued at approximately $3.7 billion. Ellie Mae shareholders received $99.00 per share; the deal, announced Feb. 12, 2019, was approved by stockholders and closed on April 17, 2019, making Ellie Mae a privately held company focused on accelerating innovation in its Encompass digital lending platform.

Thoma Bravo Takes Sophos Private

March 2, 2020

Cybersecurity

Thoma Bravo completed a take-private acquisition of Sophos for approximately $3.9 billion, valuing Sophos at $7.40 per share. The deal, approved by Sophos shareholders, delists Sophos from the London Stock Exchange and positions the company to accelerate product innovation and growth under private ownership.

Thoma Bravo Acquires Mercell Holding ASA

August 16, 2022

Cloud & SaaS

Thoma Bravo, through its acquisition vehicle Spring Bidco (Norway) AS, completed the acquisition of Mercell Holding ASA, a Norway-based provider of e-tendering and procurement SaaS platforms. The transaction (completed August 16, 2022) takes Mercell private to support product development, strategic acquisitions and further geographic growth across Europe and beyond.

Thoma Bravo Acquires Majesco

July 20, 2020

Software

Thoma Bravo, a leading private equity firm focused on software and technology-enabled services, completed the acquisition of Majesco, a cloud insurance software provider, in a cash transaction under which Majesco's common stock ceased trading and the company became privately held. The deal was announced with an agreed cash price of $16.00 per share; Majesco employs roughly 2,400+ people and will partner with Thoma Bravo to accelerate its cloud and product investment strategy.