M&A Deal Summary |
|
|---|---|
| Date | 2019-04-01 |
| Target | Pathwire |
| Sector | Software |
| Buyer(s) | Thoma Bravo |
| Sellers(s) | Turn/River |
| Deal Type | Secondary Buyout |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1980 |
| PE ASSETS | 127.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
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 | 80 of 151 |
| Sector: Software M&A | 37 of 69 |
| Type: Secondary Buyout M&A Deals | 22 of 36 |
| State: Texas M&A | 11 of 19 |
| Country: United States M&A | 76 of 132 |
| Year: 2019 M&A | 4 of 12 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-02-25 |
ConnectWise
Tampa, Florida, United States ConnectWise is a provider of software solutions to the Managed Service Provider (MSP) and SMB ecosystem. The company provides the most comprehensive business automation platform in its industry. This includes Professional Services Automation (PSA); Remote Monitoring and Management (RRM); Configure, Price, Quote (CPQ), plus Remote Connection and Security offerings for more than 25,000 partners in more than 65 countries. ConnectWise was founded in 1982 and is based in Tampa, Florida. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-04-30 |
Autodata Solutions Group
London, Ontario, Canada Autodata Solutions Group provides SaaS and software solutions that increase the effectiveness of the automotive sales chain and help put vehicles in consumers' driveways. Autodata Solutions Group was founded in 1990 and is based in London, Ontario. |
Buy | - |
Turn/River is a private investment firm that specializes in growth capital investments, buyouts, spin-outs, and recapitalizations of small-scale technology, web and Saas companies. The Firm has a particular interest in bootstrapped companies. Turn/River Capital is based in San Francisco, California.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 9 |
| Sector: Software M&A | 2 of 5 |
| Type: Secondary Buyout M&A Deals | 1 of 3 |
| State: Texas M&A | 1 of 2 |
| Country: United States M&A | 4 of 8 |
| Year: 2019 M&A | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-01-01 |
Magnus Health
Raleigh, North Carolina, United States Magnus Health is a provider of electronic student health record (SHR) software for independent schools. The SHR is an online solution for collecting, managing and tracking student health information. This technology helps schools save time by streamlining communication with parents, reducing liability for school health professionals and keeping schools prepared in the event of an emergency. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-07-01 |
test IO
San Francisco, California, United States testIO is a test management system to set up explorative and test case-based testing in just a few minutes. They have a large group of international testers providing coverage across all devices. |
Sell | - |