Thoma Bravo Acquires Coupa Software

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 SailPoint Technologies for $6.9 Billion

August 16, 2022

Cybersecurity

Thoma Bravo completed its all-cash acquisition of SailPoint Technologies Holdings, Inc., valuing the company at approximately $6.9 billion. SailPoint stockholders received $65.25 per share, and SailPoint was taken private and delisted from the NYSE following closing.

Thoma Bravo Acquires QAD for Approximately $2 Billion

November 5, 2021

Cloud & SaaS

Thoma Bravo entered into a definitive, all-cash agreement to acquire QAD, a cloud-based provider of manufacturing and supply chain solutions, for an equity value of approximately $2 billion (about $87.50 per share). The transaction was subsequently completed, with QAD becoming a private company and its Nasdaq stock delisted.

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.

Thoma Bravo Acquires Proofpoint for Approximately $12.3 Billion

August 31, 2021

Cybersecurity

Thoma Bravo entered into a definitive agreement to acquire Proofpoint, a cybersecurity and compliance software company, in an all-cash transaction valued at approximately $12.3 billion. The acquisition was completed in 2021, with Proofpoint stockholders receiving $176.00 per share.

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.