Thoma Bravo has closed a fund of 1.8 billion euros ($1.89 billion) dedicated to European software deals. The private equity group announced the fund — its first for the region — on Tuesday (Feb. 25), saying it was targeting middle-market software firms across Europe. “Our first dedicated pool...
Cryptocurrencies were created to address supposed pain points across the financial system. By decentralizing transaction verification and record-keeping through a distributed ledger, blockchain-based digital assets remove the need for intermediaries to enable digital transactions while simultaneously preventing issues endemic to other digital currencies, like double-spending,...
Thoma Bravo Founder and Managing Partner Orlando Bravo said Thursday (Sept. 5) that while blockchain technology has promise, he and his firm are steering clear of companies and products in that space. Bravo said this about three years after his private equity investment firm helped lead a...
With consumers unwilling to trust eCommerce channels to complete their car-buying journeys, the online auto sales industry is seeing shifts. For instance, Bloomberg reported this week that private equity firm Thoma Bravo is looking into selling Canadian digital automotive marketplace Trader, which it acquired in...
June 28, 2024
With consumers unwilling to trust eCommerce channels to complete their car-buying journeys, the online auto sales industry is seeing shifts. For instance, Bloomberg reported this week that private equity firm Thoma Bravo is looking into selling Canadian digital automotive marketplace Trader, which it acquired in 2016. The company’s valuation could be $2.9 billion or more […]
December 19, 2022
For FinTechs looking to go public, 2023 will not be the year of the SPAC stock listing. If they opt to go public at all, that is. As PYMNTS’ own...
December 12, 2022
When Coupa confirmed it was being acquired for $8 billion, spend management industry took note. It wasn’t because it involved private equity firm Thoma Bravo, or that that deal was...
August 26, 2025
Software investment firm Thoma Bravo plans to expand its artificial intelligence-powered customer experience (CX) offering by acquiring CX automation firm Verint Systems. The company agreed to buy Verint in an all-cash transaction reflecting an enterprise value of $2 billion, according to a Monday (Aug. 25) press release. It expects the transaction to close in early […]
February 25, 2025
Thoma Bravo has closed a fund of 1.8 billion euros ($1.89 billion) dedicated to European software deals. The private equity group announced the fund — its first for the region — on Tuesday...
September 05, 2024
Thoma Bravo Founder and Managing Partner Orlando Bravo said Thursday (Sept. 5) that while blockchain technology has promise, he and his firm are steering clear of companies and products in that space....
May 20, 2024
CyberArk plans to acquire Venafi from Thoma Bravo for an enterprise value of about $1.54 billion, saying it aims to create a unified platform for machine identity security at scale....