Thoma Bravo Completes Acquisition of QAD

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.

Thoma Bravo Sells Significant Minority Stake in Qlik to ADIA

November 11, 2024

Data & Analytics

Thoma Bravo has signed an agreement to sell a significant minority stake in Qlik to a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA), with Thoma Bravo remaining the majority shareholder and making a new equity investment. A consortium of other investors is expected to participate alongside ADIA and Thoma Bravo; the deal is subject to regulatory approvals and is expected to close in Q1 2025.

Thoma Bravo Acquires Talend

September 2, 2021

Data & Analytics

Thoma Bravo completed its all-cash acquisition of Talend, a leader in data integration and data integrity, in a transaction valuing Talend at approximately $2.4 billion. With Talend becoming private, Thoma Bravo plans to support the company’s cloud transition and invest in product and go-to-market initiatives to accelerate growth.

QAD Acquires Redzone

February 1, 2023

Cloud & SaaS

QAD, a Thoma Bravo portfolio company, has acquired Redzone, the #1 connected workforce SaaS platform for manufacturers. The acquisition adds frontline workforce productivity, engagement and compliance capabilities to QAD's Adaptive Applications suite and is intended to accelerate growth and global rollout of Redzone's solution to QAD customers.

Thoma Bravo Acquires Anaplan

June 22, 2022

Cloud & SaaS

Thoma Bravo, a leading private equity firm, completed an all-cash acquisition of Anaplan, Inc. for approximately $10.4 billion ($63.75 per share), taking the cloud-native planning software company private. As part of the transaction Anaplan CEO Frank Calderoni stepped down and Charles Goodman was appointed interim CEO; Thoma Bravo said it will invest to accelerate Anaplan's growth and product strategy.

Thoma Bravo Acquires EQS Group AG

November 16, 2023

Cloud & SaaS

Thoma Bravo, via Pineapple German Bidco GmbH, completed a public takeover offer to acquire EQS Group AG for EUR 40.00 per share, valuing the company at approximately EUR 400 million and leading to an expected delisting. The investment will provide EQS with funding for product innovation, capability expansion in compliance/ESG software and capital for potential add-on M&A as Thoma Bravo builds the business as a pan‑European compliance and ESG software platform.