Thoma Bravo Acquires iOFFICE from Waud Capital Partners

Waud Capital Partners Acquires iOFFICE

July 1, 2021

Cloud & SaaS

Waud Capital Partners has acquired iOFFICE, a provider of cloud-based workplace management software. iOFFICE offers solutions for space planning, utilization, scheduling, maintenance requests and mobile workforce applications; Software Equity Group served as exclusive advisor to iOFFICE.

iOFFICE Acquires Teem from WeWork

January 14, 2020

Cloud & SaaS

iOFFICE, a Houston-based provider of workplace experience and asset management SaaS, acquired Salt Lake City-based Teem, a developer of cloud-based meeting space solutions and workplace analytics. The deal follows WeWork's divestiture of Teem and is intended to integrate Teem's meeting-space and analytics capabilities into iOFFICE's broader workplace platform to enhance customer offerings.

iOFFICE Acquires ManagerPlus

November 20, 2019

Cloud & SaaS

iOFFICE, a provider of digital workplace and IWMS SaaS solutions, acquired ManagerPlus, a Utah-based asset and maintenance management SaaS provider. The acquisition expands iOFFICE's cloud-based asset management capabilities and forms part of a new Asset Management Division to broaden its IWMS offering.

Thoma Bravo Acquires Majority Ownership of IDS

October 8, 2019

Software

Thoma Bravo, a software-focused private equity firm, has acquired majority ownership in IDS, a Minneapolis-based provider of asset finance software including InfoLease and IDScloud, from SV Investment Partners. The partnership will accelerate IDS' cloud roadmap, support global growth and position IDS as a platform for industry consolidation.

Thoma Bravo Acquires ConnectWise

February 25, 2019

Software

Thoma Bravo, a leading private equity firm, has agreed to acquire ConnectWise, the Tampa-based provider of a SaaS business management platform for managed service providers (MSPs). The deal (expected to close Feb. 28, 2019) will see founder Arnie Bellini transition to an advisory role while current president and COO Jason Magee becomes CEO; terms were not disclosed and financing was provided by Owl Rock Capital.

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.