Thoma Bravo Acquires Foundation Software
August 4, 2020
Thoma Bravo has completed a strategic growth investment to acquire Foundation Software, a provider of construction accounting software and payroll services for small- to mid-sized specialty contractors. Founder & CEO Fred Ode will retain a minority ownership stake, and the transaction was financed by funds managed by affiliates of The Private Credit Group of Goldman Sachs Asset Management, BlackRock US Private Credit and Interbank.
- Buyers
- Thoma Bravo
- Targets
- Foundation Software
- Industry
- Software
- Location
- Ohio, United States
- Transaction Type
- Buyout
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