Tracked deals
108
108 tracked deals across 2010-2026.
Private Equity Firm
Software
Thoma Bravo
Chicago, Illinois, United States
Thoma Bravo is a software-focused investment firm. It partners with investors through private equity and private credit strategies to acquire and grow software and technology-enabled businesses, supported by disciplined execution and sector expertise.
- Focus Areas
- Software and technology-enabled services investments
- Website
- thomabravo.com
Recent pace
10
10 tracked deals announced in the last 12 months.
Deal mix
Buyout
69 buyout · 24 growth capital · 14 addon
Thoma Bravo Acquisition Volume by Year
Last 9 years
Actual
Full-year estimate
Supporting Data
Recent Transactions
Showing the 12 most recent of 108 tracked deals for Thoma Bravo.
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- Buyer
- Thoma Bravo, L.P.
- Target
- Kneat.com, Inc.
- Industry
- Software
- Location
- Ontario, Canada
- Type
- Buyout
Thoma Bravo will acquire Kneat.com, Inc. in an all-cash transaction valuing the company at approximately C$650 million. Under the definitive arrangement agreement, Kneat shareholders will receive C$6.50 per share (about a 40% premium to the unaffected price), and Kneat is expected to be taken private and delisted following closing.
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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.
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February 4, 2026
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.
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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).
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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.
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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.
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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.
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- 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.
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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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August 25, 2025
- Buyer
- Continuous, Thoma Bravo
- Target
- Sycorr, Inc.
- Industry
- Cybersecurity
- Location
- North Dakota, United States
- Type
- Addon
Continuous, a Thoma Bravo portfolio company, has acquired Sycorr, a provider of identity and access management software for banks and credit unions. The deal adds Sycorr's Permission Assist capability to Continuous's platform to strengthen security, automate user provisioning and streamline compliance for financial institutions.
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July 18, 2025
- Buyer
- Casepoint + OPEXUS, Thoma Bravo
- Target
- mLINQS
- Industry
- Cloud & SaaS
- Location
- Virginia, United States
- Type
- Buyout
Casepoint + OPEXUS, the combined regulatory and compliance software business backed by Thoma Bravo, has acquired mLINQS, a FedRAMP- and DoD IL4-authorized relocation expense management software vendor. The deal expands Casepoint + OPEXUS’s government-focused workflow portfolio by adding workforce mobility and relocation expense management capabilities for federal and commercial clients; financial terms were not disclosed.
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- Buyer
- BlueMatrix, Thoma Bravo
- Target
- RANOS
- Industry
- Cloud & SaaS
- Location
- Auckland, New Zealand
- Type
- Buyout
BlueMatrix, a Thoma Bravo‑backed capital markets content platform, has acquired RANOS, a New Zealand‑based next‑generation research publishing platform. The deal strengthens BlueMatrix’s presence in the Asia‑Pacific region and brings RANOS’ modern, AI‑enhanced research publishing capabilities into BlueMatrix’s global offering.
Related Acquisition Pages
Cloud & SaaS Buyers & Acquisitions
43 tracked deals by Thoma Bravo.
Software Buyers & Acquisitions
27 tracked deals by Thoma Bravo.
Cybersecurity Buyers & Acquisitions
18 tracked deals by Thoma Bravo.
Data & Analytics Buyers & Acquisitions
5 tracked deals by Thoma Bravo.
Acquisitions in California
19 tracked deals by Thoma Bravo.
Acquisitions in Texas
10 tracked deals by Thoma Bravo.
Acquisitions in Illinois
8 tracked deals by Thoma Bravo.
Acquisitions in New York
4 tracked deals by Thoma Bravo.
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