Thoma Bravo news and trends

Thoma Bravo Becomes Giant Tech Investor, Steers Clear of Blockchain
Investments // 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. Bravo said this about three years after his private equity investment firm helped lead a...

Online Auto Industry Stalls as Consumers Drive New Digital-First Experiences
Retail // 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...

CyberArk to Acquire Venafi, Expand Machine Identity Security Capabilities
Acquisitions // 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. The acquisition will add Venafi’s machine identity management solutions to CyberArk’s identity security capabilities, the...

Thoma Bravo Aims to Speed Product Innovation With NextGen Healthcare Acquisition
Acquisitions // November 10, 2023

Software investment firm Thoma Bravo has completed its previously announced acquisition of NextGen Healthcare, a provider of cloud-based healthcare technology solutions. The acquisition, valued at $1.8 billion, aims to accelerate the delivery of transformational solutions to the ambulatory healthcare marketplace, Thoma Bravo said in a Friday (Nov. 10) press...

Interviews & Exclusives
Online Auto Industry Stalls as Consumers Drive New Digital-First Experiences

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 […]

FinTech SPAC Stock Listings Face Tough Reckoning as 2023 Looms

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...

Coupa’s 77% Buyout Premium Reflects Demand for Spend Management Efficiencies

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...

Quick Reads
Thoma Bravo Becomes Giant Tech Investor, Steers Clear of Blockchain

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. Bravo said this about three years after his private equity investment firm helped lead a $900 million investment in cryptocurrency exchange FTX, which later went bankrupt […]

CyberArk to Acquire Venafi, Expand Machine Identity Security Capabilities

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....

Thoma Bravo Aims to Speed Product Innovation With NextGen Healthcare Acquisition

November 10, 2023
Software investment firm Thoma Bravo has completed its previously announced acquisition of NextGen Healthcare, a provider of cloud-based healthcare technology solutions. The acquisition, valued at $1.8 billion, aims to accelerate the delivery of...

Thoma Bravo to Take NextGen Healthcare Private in $1.8 Billion Deal

September 05, 2023
Editor’s note: Updated with details of the confirmed deal.   Private equity firm Thoma Bravo is buying NextGen Healthcare and taking the company private in a deal that put the value of...