Thoma Bravo Acquires iOFFICE from Waud Capital Partners

Waud Capital Partners Acquires iOFFICE

July 1, 2021

Cloud & SaaS

Waud Capital Partners has acquired iOFFICE, a provider of cloud-based workplace management software. iOFFICE offers solutions for space planning, utilization, scheduling, maintenance requests and mobile workforce applications; Software Equity Group served as exclusive advisor to iOFFICE.

iOFFICE Acquires ManagerPlus

November 20, 2019

Cloud & SaaS

iOFFICE, a provider of digital workplace and IWMS SaaS solutions, acquired ManagerPlus, a Utah-based asset and maintenance management SaaS provider. The acquisition expands iOFFICE's cloud-based asset management capabilities and forms part of a new Asset Management Division to broaden its IWMS offering.

iOFFICE Acquires Teem from WeWork

January 14, 2020

Cloud & SaaS

iOFFICE, a Houston-based provider of workplace experience and asset management SaaS, acquired Salt Lake City-based Teem, a developer of cloud-based meeting space solutions and workplace analytics. The deal follows WeWork's divestiture of Teem and is intended to integrate Teem's meeting-space and analytics capabilities into iOFFICE's broader workplace platform to enhance customer offerings.

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 Acquires Majority Interest in Apttus

September 4, 2018

Software

Thoma Bravo signed a definitive agreement to acquire a majority interest in Apttus, a San Mateo–based provider of Quote-to-Cash, Contract Lifecycle Management and Middle Office software. The deal (expected to close in early October 2018) will pair Apttus’ enterprise revenue-management platform with Thoma Bravo’s software operating experience to accelerate growth and scale; financial and legal advisors and financing partners were disclosed but financial terms were not.

Thoma Bravo Acquires Coupa Software

February 28, 2023

Cloud & SaaS

Thoma Bravo completed an all-cash acquisition of Coupa Software valued at approximately $8.0 billion, with a significant minority investment from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA). Coupa stockholders received $81.00 per share, Coupa will be delisted from Nasdaq, and Thoma Bravo said it will invest to accelerate product innovation and growth, including potential M&A.