Thoma Bravo

• Thoma Bravo Invests in Tanda

  September 11, 2026

  Buyer

  Thoma Bravo

  Target

  Tanda

  Industry

  Cloud & SaaS

  Location

  Queensland, Australia

  Type

  Growth capital

  Thoma Bravo made a strategic growth investment in Tanda, a workforce management, payroll, and HR software platform for shift-based employers. The funding is intended to support continued product development (including Tanda’s AI roadmap) and expansion into additional geographic markets.

• Thoma Bravo to Acquire Accelerant in a Deal Valued at More Than $4 Billion

  August 13, 2026

  Buyer

  Thoma Bravo, Cherry Tree BidCo, Cherry Tree Merger Sub, Altamont Capital Partners

  Target

  Accelerant

  Industry

  Insurance

  Location

  Georgia, United States

  Type

  Buyout

  Thoma Bravo has agreed to acquire Accelerant in an all-cash transaction with an enterprise value exceeding $4 billion, taking the data-driven specialty insurance platform private. Accelerant shareholders are expected to receive $20.25 per share in cash, representing a 49% premium to the August 12, 2026 closing price.

• Thoma Bravo Acquires Kneat.com in $650M Take-Private

  June 9, 2026

  Buyer

  Thoma Bravo, L.P.

  Target

  kneat.com, inc.

  Industry

  Software

  Location

  Ontario, Canada

  Type

  Buyout

  Thoma Bravo’s affiliate completed its all-cash acquisition of kneat.com, inc. for approximately C$650 million. Kneat shareholders received C$6.50 per share and the company was delisted from the Toronto Stock Exchange.

• Nemetschek to Acquire HCSS from Thoma Bravo to Build Global Construction Technology Platform

  April 13, 2026

  Buyer

  Nemetschek SE, Thoma Bravo

  Target

  Heavy Construction Systems Specialists, LLC (HCSS)

  Seller

  Thoma Bravo

  Industry

  Software

  Location

  Texas, United States

  Type

  Buyout

  Nemetschek SE signed a definitive agreement to acquire Heavy Construction Systems Specialists (HCSS) from Thoma Bravo to create a global construction technology platform combining HCSS with Nemetschek’s Build & Construct segment brands (Bluebeam, GoCanvas, and Nevaris). The deal is expected to close in the second half of 2026, subject to approvals and customary closing conditions.

• Thoma Bravo to Acquire WWEX Group and Merge with Auctane to Create AI-Enabled Logistics Platform

  March 3, 2026

  Buyer

  Thoma Bravo

  Target

  WWEX Group, Auctane

  Seller

  CVC Capital Partners Fund VIII, Providence Equity Partners, Ridgemont Equity Partners, PSG

  Industry

  IT Services

  Location

  Texas, United States

  Type

  Buyout

  Thoma Bravo entered into a definitive agreement to acquire WWEX Group, a U.S. third-party logistics (3PL) provider, and combine it with its portfolio company Auctane. The combined company is expected to integrate Auctane’s shipping and fulfillment software with WWEX’s parcel and freight brokerage services and is slated to close in Q2 2026, subject to regulatory approvals.

• Thoma Bravo Completes Acquisition of Dayforce

  February 4, 2026

  Buyer

  Thoma Bravo

  Target

  Dayforce, Inc.

  Industry

  Software

  Location

  Ontario, Canada

  Type

  Buyout

  Thoma Bravo has completed its acquisition of Dayforce, a global human capital management (HCM) software company, for approximately US$12.3 billion. Dayforce stockholders received US$70.00 per share in cash, and Dayforce has ceased trading and will be delisted from the New York Stock Exchange and the Toronto Stock Exchange.

• Thoma Bravo Acquires PROS Holdings in $1.4 Billion All-Cash Deal

  December 9, 2025

  Buyer

  Thoma Bravo

  Target

  PROS Holdings, Inc.

  Industry

  Cloud & SaaS

  Location

  Texas, United States

  Type

  Buyout

  Thoma Bravo has entered into a definitive agreement to acquire PROS Holdings in an all-cash transaction valued at approximately $1.4 billion. PROS shareholders will receive $23.25 per share in cash, and the deal is expected to close in Q4 2025 (with completion later confirmed in December 2025).

• Thoma Bravo Acquires Verint to Combine with Calabrio

  November 26, 2025

  Buyer

  Thoma Bravo

  Target

  Verint Systems, Inc., Verint (Verint Systems, Inc.), Verint Systems, Inc. (

  Industry

  Cloud & SaaS

  Location

  New York, United States

  Type

  Buyout

  Thoma Bravo agreed to acquire Verint Systems, Inc. for an all-cash transaction valued at about $2 billion. The deal was completed on November 26, 2025, and Thoma Bravo combined Verint with its portfolio company Calabrio to create a broader AI-powered customer experience (CX) automation platform.

• Thoma Bravo Makes Majority Strategic Investment in Azul

  November 18, 2025

  Buyer

  Thoma Bravo

  Target

  Azul

  Industry

  Cloud & SaaS

  Location

  California, United States

  Type

  Buyout

  Azul, a Java-focused enterprise software company, entered into a definitive agreement to receive a majority strategic investment from Thoma Bravo. Existing investors Vitruvian Partners and Lead Edge Capital will reinvest and retain minority stakes alongside Azul employees.

• Thoma Bravo and 7RIDGE Invest in Trading Technologies

  November 10, 2025

  Buyer

  Thoma Bravo, 7RIDGE

  Target

  Trading Technologies International, Inc.

  Industry

  Cloud & SaaS

  Location

  Illinois, United States

  Type

  Growth capital

  Thoma Bravo has closed an investment in Trading Technologies, joining existing investor 7RIDGE in the company's ownership to support the next phase of platform expansion and product innovation. Terms were not disclosed; advisors to the transaction included Houlihan Lokey and Barclays for Trading Technologies and Ardea Partners and Goodwin Procter for Thoma Bravo.

• Thoma Bravo Makes Strategic Minority Investment in SDC Capital Partners

  October 2, 2025

  Buyer

  Thoma Bravo

  Target

  SDC Capital Partners

  Industry

  Infrastructure

  Location

  New York, United States

  Type

  Growth capital

  Thoma Bravo has made a strategic minority investment in SDC Capital Partners, a global digital infrastructure investment firm focused on data centers, fiber, wireless and cloud-services infrastructure. The investment, funded from Thoma Bravo's balance sheet, is intended to support SDC's platform expansion as demand for AI, cloud computing and advanced technologies drives increased need for digital infrastructure.

• Thoma Bravo Acquires Olo

  September 9, 2025

  Buyer

  Thoma Bravo

  Target

  Olo Inc.

  Industry

  Cloud & SaaS

  Location

  United States

  Type

  Buyout

  Thoma Bravo agreed to acquire Olo in an all-cash transaction valued at approximately $2.0 billion in equity value. Olo shareholders received $10.25 per share, and the deal was completed in September 2025, taking Olo private and ending NYSE trading.

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