M&A Deal Summary

Thoma Bravo Acquires ABC Fitness Solutions

On November 8, 2017, private equity firm Thoma Bravo acquired software company ABC Fitness Solutions

Acquisition Highlights
  • This is Thoma Bravo’s 26th transaction in the Software sector.
  • This is Thoma Bravo’s 59th transaction in the United States.
  • This is Thoma Bravo’s 2nd transaction in Arizona.

M&A Deal Summary

Date 2017-11-08
Target ABC Fitness Solutions
Sector Software
Buyer(s) Thoma Bravo
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) Stephens Investment Banking (Financial)
Rose Law Firm (Legal)

Target

ABC Fitness Solutions

Sherwood, Arizona, United States
website
ABC Fitness Solutions is a provider of software and related services for the health and fitness industry. ABC Fitness Solutions was founded in 1981 and is based in Sherwood, Arizona.

Search 192,907 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Thoma Bravo

Chicago, Illinois, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1980
PE ASSETS 127.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Thoma Bravo is a private equity firm that primarily invests in or acquires US-based middle-market businesses. While Thoma Bravo will consider a variety of transaction situations, including take-privates, buyouts, carve-outs, recapitalizations, and growth equity financings, the Firm has a special interest in tech consolidation opportunities. Target companies generally have a history of profitability with EBITDA of at least $20 million. The Firm's equity commitment size range is $100 to $750 million. Sectors of interest include enterprise and infrastructure software, education, distribution, financial services and consumer goods/services. The Firm will not invest in new inventions or technologies, developmental products or services, start-ups, biotech, motion pictures, distressed businesses, oil/gas, or real estate. Thoma Bravo was formerly known as Thoma Cressey Bravo and before that Golder Thoma & Co. The Firm was originally formed in 1980 and is based in Chicago, Illinois.


DEAL STATS #
Overall 61 of 136
Sector (Software) 26 of 59
Type (Buyout (LBO, MBO, MBI)) 17 of 27
State (Arizona) 2 of 3
Country (United States) 59 of 118
Year (2017) 6 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-04 Frontline Education

Malvern, Pennsylvania, United States

Frontline Education is a provider of cloud-based K-12 software that empowers more than 7,500 school districts and millions of educators to positively impact student learning. Frontline Education was founded in 1998 and is based in Malvern, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-17 SailPoint

Austin, Texas, United States

SailPoint provides independent identity and access management (IAM) solutions to securely and effectively deliver and manage user access from various devices to data and applications residing in the datacenter, on mobile devices, and in the cloud for organizations worldwide. SailPoint was founded in 2004 and is based in Austin, Texas.

Sell -