M&A Deal Summary |
|
|---|---|
| Date | 2025-01-27 |
| Target | OPEXUS |
| Sector | Software |
| Buyer(s) |
Thoma Bravo
Gemspring Capital |
| Sellers(s) | Gemspring Capital |
| Deal Type | Secondary Buyout |
| Advisor(s) | McDermott Will & Emery (Legal) |
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 | 143 of 151 |
| Sector: Software M&A | 63 of 69 |
| Type: Secondary Buyout M&A Deals | 34 of 36 |
| State: District of Columbia M&A | 1 of 1 |
| Country: United States M&A | 124 of 132 |
| Year: 2025 M&A | 1 of 9 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-01-13 |
Greenphire
King of Prussia, Pennsylvania, United States Greenphire is a provider of clinical payment technology, designed to change the way research professionals work. The Company leverages its proprietary workflow automation and advanced web‐based payment technologies to help clients improve operational efficiency, reduce costs, mitigate regulatory risks, increase subject retention and compliance, and produce quantifiable results that improve clinical operations and strategic planning. Greenphire was founded in 2007 and is based in King of Prussia, Pennsylvania. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-02-13 |
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 | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2015 |
| PE ASSETS | 3.8B USD |
| Size | Large |
| Type | Sector Agnostic |
Gemspring Capital is a private equity firm focused on making control equity investments and structured equity investments in lower middle-market companies headquartered in the United States and Canada. For platform investments, Gemspring targets companies with $5 to $500 million with strong competitive positions within sustainable market niches. Sectors of interest include business services, distribution/logistics, industrial services, media, technology, software, and niche manufacturing. Gemspring Capital is based in Westport, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 34 of 39 |
| Sector: Software M&A | 7 of 8 |
| Type: Secondary Buyout M&A Deals | 11 of 12 |
| State: District of Columbia M&A | 2 of 2 |
| Country: United States M&A | 33 of 38 |
| Year: 2025 M&A | 1 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-12-16 |
Telna
Toronto, Ontario, Canada Telna is a provider of eSIM connectivity solutions for roaming and IoT, enabling mobile devices to switch carrier networks without the need for physical SIM cards. Telna is based in Toronto, Ontario. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-02-10 |
Creative Laboratories
Eagan, Minnesota, United States Creative Laboratories is a manufacturer and developer of branded and contract-manufactured haircare and skincare products. Creative Laboratories is based in Eagan, Minnesota. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2015 |
| PE ASSETS | 3.8B USD |
| Size | Large |
| Type | Sector Agnostic |
Gemspring Capital is a private equity firm focused on making control equity investments and structured equity investments in lower middle-market companies headquartered in the United States and Canada. For platform investments, Gemspring targets companies with $5 to $500 million with strong competitive positions within sustainable market niches. Sectors of interest include business services, distribution/logistics, industrial services, media, technology, software, and niche manufacturing. Gemspring Capital is based in Westport, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 9 |
| Sector: Software M&A | 3 of 3 |
| Type: Secondary Buyout M&A Deals | 7 of 7 |
| State: District of Columbia M&A | 1 of 1 |
| Country: United States M&A | 9 of 9 |
| Year: 2025 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-12-16 |
Telna
Toronto, Ontario, Canada Telna is a provider of eSIM connectivity solutions for roaming and IoT, enabling mobile devices to switch carrier networks without the need for physical SIM cards. Telna is based in Toronto, Ontario. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-02-10 |
Creative Laboratories
Eagan, Minnesota, United States Creative Laboratories is a manufacturer and developer of branded and contract-manufactured haircare and skincare products. Creative Laboratories is based in Eagan, Minnesota. |
Buy | - |
