Thoma Bravo Acquires Majority Stake in USU Product Business

Thoma Bravo Acquires Majority Stake in Flexera

December 3, 2020

Software

Thoma Bravo has agreed to acquire a majority interest in Flexera, a Chicago-area software company that provides IT asset management and software monetization solutions. Existing investors TA Associates and the Ontario Teachers' Pension Plan will remain meaningful shareholders as Thoma Bravo partners with management to accelerate growth and expand Flexera's SaaS offerings such as Flexera One.

Thoma Bravo Acquires Majority Ownership of IDS

October 8, 2019

Software

Thoma Bravo, a software-focused private equity firm, has acquired majority ownership in IDS, a Minneapolis-based provider of asset finance software including InfoLease and IDScloud, from SV Investment Partners. The partnership will accelerate IDS' cloud roadmap, support global growth and position IDS as a platform for industry consolidation.

Thoma Bravo Makes Majority Strategic Investment in Azul

November 18, 2025

Cloud & SaaS

Azul, a Java-focused enterprise software company, entered into a definitive agreement to receive a majority strategic investment from Thoma Bravo. Existing investors Vitruvian Partners and Lead Edge Capital will reinvest and retain minority stakes alongside Azul employees.

USU GmbH Acquires SaaS Management Provider saasmetrix

March 4, 2025

Cloud & SaaS

USU GmbH has acquired saasmetrix, a Bielefeld-based SaaS management software provider, to strengthen and expand its SaaS management platform. The transaction was supported by private equity firm Thoma Bravo and will integrate saasmetrix’s automation, discovery and license-optimization capabilities into USU’s portfolio to drive cost reduction, transparency and enhanced security for customers.

Thoma Bravo Makes Strategic Growth Investment in UserZoom

April 6, 2022

Cloud & SaaS

Thoma Bravo has completed a strategic growth investment in UserZoom, valuing the UX insights platform at $800 million. The capital will be used to accelerate product innovation, expand UserZoom’s platform and geographic footprint, while founders, management and existing investor Sunstone Partners remain significant shareholders.

Thoma Bravo Acquires AxiomSL

October 19, 2020

Software

Thoma Bravo has agreed to acquire a controlling interest in AxiomSL, a provider of cloud-enabled risk management and regulatory reporting software for banks, investment managers, broker-dealers and trading firms. Thoma Bravo said it will partner with AxiomSL's management to accelerate product innovation, expand cloud capabilities and grow the company's customer base; the deal closed with financing from several lenders and advisors were Evercore and Weil, Gotshal & Manges for AxiomSL and Kirkland & Ellis for Thoma Bravo.