Thoma Bravo Acquires Medallia for $6.4 Billion

Medallia to Acquire Thunderhead

January 20, 2022

Cloud & SaaS

Medallia, Inc. has signed a definitive agreement to acquire Thunderhead, a provider of enterprise technology for real-time interaction management and journey orchestration. The acquisition is expected to strengthen Medallia’s ability to deliver individualized, feedback-driven customer journeys across online and offline channels.

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 Completes Acquisition of Ping Identity

October 18, 2022

Cybersecurity

Thoma Bravo completed its all-cash acquisition of Ping Identity in a transaction valued at approximately $2.8 billion ($28.50 per share). Ping Identity stock was delisted from the New York Stock Exchange after completion.

Thoma Bravo Acquires Coupa Software

February 28, 2023

Cloud & SaaS

Thoma Bravo agreed to acquire Coupa Software in an all-cash transaction valued at approximately $8.0 billion. The deal also includes a significant minority investment from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA). The acquisition was later completed, with Coupa stockholders receiving $81.00 per share in cash.

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 Anaplan (Amended Merger Agreement, $63.75/Share)

June 22, 2022

Cloud & SaaS

Anaplan, Inc. will be acquired by software investment firm Thoma Bravo in an all-cash transaction. Under the amended merger agreement, Anaplan stockholders will receive $63.75 per share in cash (down from $66.00), and the company is expected to become private.