Thoma Bravo Acquires Majority Stake in Mailgun Technologies

April 1, 2019

Thoma Bravo has acquired a majority stake in Mailgun Technologies, a San Antonio–based provider of email infrastructure software, from Turn/River Capital. The strategic growth investment provides growth capital to help Mailgun expand its platform and accelerate its product roadmap; Turn/River and the company's management will retain minority ownership stakes.

Buyers
Thoma Bravo
Targets
Mailgun Technologies, Inc.
Sellers
Turn/River Capital
Industry
Software
Location
Texas, United States
Transaction Type
Growth capital

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