Thoma Bravo Makes Strategic Investment in Grayshift

PeakEquity Partners Leads Minority Growth Investment in Grayshift

December 8, 2020

Cybersecurity

PeakEquity Partners led a minority growth investment in Grayshift, an Atlanta-area provider of mobile device digital forensics best known for its GrayKey solution. The capital will be used to accelerate sales and marketing, expand R&D and engineering, broaden product offerings, and increase global awareness; Tom Noonan (Chairman of TEN Holdings and founding partner at TechOperators) will work with Grayshift’s management at the board level.

Thoma Bravo Makes Strategic Growth Investment in BlueMatrix

December 14, 2023

Cloud & SaaS

Thoma Bravo has completed a strategic growth investment in BlueMatrix, a cloud-based content creation and distribution platform for investment research providers. The investment (debt financing provided by Golub Capital) will support BlueMatrix’s global growth and continued product innovation while founder and CEO Patricia Horotan remains in her leadership role with a significant ownership stake.

Thoma Bravo (via Morpheus Purchaser Inc.) to Acquire Magnet Forensics

January 20, 2023

Cybersecurity

Thoma Bravo, through a newly formed purchaser Morpheus Purchaser Inc., has signed a definitive arrangement agreement to acquire Magnet Forensics Inc. in an all-cash transaction valuing the company at approximately CA$1.8 billion. The deal (CA$44.25 per SV share for most holders) will take Magnet private and Thoma Bravo intends to combine Magnet with Grayshift to create an end-to-end digital investigations platform; certain founders/major shareholders will rollover a portion of their equity.

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 Makes Strategic Minority Investment in SDC Capital Partners

October 2, 2025

Infrastructure

Thoma Bravo has made a strategic minority investment in SDC Capital Partners, a global digital infrastructure investment firm focused on data centers, fiber, wireless and cloud-services infrastructure. The investment, funded from Thoma Bravo's balance sheet, is intended to support SDC's platform expansion as demand for AI, cloud computing and advanced technologies drives increased need for digital infrastructure.

Thoma Bravo Acquires Darktrace

October 1, 2024

Cybersecurity

Thoma Bravo has completed its all-cash acquisition of Darktrace in a transaction valued at approximately $5.3 billion, following a recommended Scheme of Arrangement. The private equity firm intends to partner with Darktrace's management to scale the cybersecurity AI platform, invest in R&D and expand its global reach.