Thoma Bravo Acquires Majority Stake in Mailgun Technologies
April 1, 2019
Thoma Bravo has acquired a majority stake in Mailgun Technologies, a San Antonio–based provider of email infrastructure software, from Turn/River Capital. The strategic growth investment provides growth capital to help Mailgun expand its platform and accelerate its product roadmap; Turn/River and the company's management will retain minority ownership stakes.
- Buyers
- Thoma Bravo
- Targets
- Mailgun Technologies, Inc.
- Sellers
- Turn/River Capital
- Industry
- Software
- Location
- Texas, United States
- Transaction Type
- Growth capital
Explore More
Related Acquisitions
-
Mailgun (Thoma Bravo-backed) Acquires Mailjet
October 22, 2019
Cloud & SaaS
Mailgun, a Thoma Bravo-backed email delivery platform headquartered in San Antonio, acquired Paris-headquartered email solution Mailjet to combine developer-focused APIs with Mailjet's marketing-oriented GUI and multi-language support. The deal expands Mailgun's global footprint and product capabilities, enabling a broader set of deliverability, marketing and collaboration tools for developers and marketers worldwide.
-
Sinch Acquires Pathwire (Mailgun & Mailjet) from Thoma Bravo
September 30, 2021
Cloud & SaaS
Sinch AB has entered into a definitive agreement to acquire Pathwire — the owner of Mailgun, Mailjet and Email on Acid — from private equity firm Thoma Bravo for cash and shares, valuing the deal at roughly USD 1.9 billion enterprise value. The acquisition adds email delivery capabilities to Sinch's CPaaS platform, boosting its customer base and annualized revenue run rate while expanding its product set for developers and marketers.
-
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 Makes Strategic Growth Investment in Intel 471
September 8, 2021
Cybersecurity
Thoma Bravo has signed a definitive agreement to make a strategic growth investment in Intel 471, a San Francisco–based provider of cyber threat intelligence. The company’s co-founders will remain in leadership and retain significant ownership; proceeds will be used to accelerate product development, broaden go-to-market efforts and support continued innovation.
-
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 Makes Strategic Growth Investment in Venafi
December 10, 2020
Cybersecurity
Thoma Bravo has completed a strategic growth investment in Venafi, the inventor and market leader in machine identity management, valuing the company at $1.15 billion. The capital will be used to accelerate Venafi's product innovation and global growth while existing investors TCV and Foundation Capital remain shareholders.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.