Bio

Mike Lipps is an Operating Partner at Thoma Bravo. Mike has over 30 years of experience in both public company and private equity software investments, having held numerous executive leadership and board positions in world-class technology companies for investors, including Thoma Bravo, Hg Capital, TA Associates, K1 Capital, and Genstar Capital. He has an established track record of building and leading multiple rule of 50+ PE-backed companies that have generated a combined $5B+ in investor value. He specializes in strategically accretive M&A, having completed over 25 successful transactions in his career, in addition to human capital /workforce transformation and business process management. Most recently, Mike was CEO of Intelerad Medical Systems. During his tenure, he tripled company revenue and EBITDA, acquiring and integrating seven businesses to build the leading global radiology practice imaging platform. Before Intelerad, he led the rapid growth and market success of insightsoftware. As CEO, he grew revenues 7x and EBITDA 10x while acquiring 15 businesses and building a global leader in financial budgeting and reporting software. Previously, Mike was the Division CEO at LexisNexis, responsible for a portfolio of award-winning software products serving global law firms and corporations. There, he led the creation and management of the LexisNexis Technology Center, which was named North Carolina Technology Workplace of the Year in 2012 by the North Carolina Technology Association. The North Carolina Triangle Business Journal awarded Mike CIO of the Year in 2014. Mike spent the first 14 years of his career at Intuit Inc., where he led several software businesses, including QuickBooks, the #1 rated US small business financial software application. He has a background in software product management, marketing, and operations.