As part of thoma bravos majority investment in apttus, david murphy, the former president and coo of blue coat systems and a current thoma bravo operating partner, joins apttus office of the ceo as apttus executive chairman. This acquisition was announced on october 10, 2018. Private equity firm thoma bravo llc has approached symantec corp to express interest in acquiring the norton antivirus software maker, people familiar with the matter told reuters on tuesday. In 2016, it was acquired by and folded into symantec. Thoma bravos software expertise, extensive track record and deep capital will enable connectwise to pursue a strategy focused on organic growth and strategic acquisitions. Thoma bravo, llc, a leading private equity investment firm, today announced that it has reached an agreement to acquire j. Thoma bravo renews sales process for security software. Instructure enters into a definitive agreement to be. Blue coat is an awardwinning, global leader in next generation web security and wan optimization, and we welcome the opportunity to work with its existing management team, said orlando bravo, managing partner at thoma bravo. Thoma bravo acquires lexmarks kofax, readsoft, perceptive. Thoma bravo, llc, a leading private equity investment firm, today announced that it has agreed to acquire quorum software quorum or the company. Thoma bravo to acquire majority interest in apttus apttus. Privateequity firm thoma bravo llc has renewed its efforts to sell blue coat systems inc. Oct 02, 2019 software quickly became bravos sole focus, and thoma cressey began to thrive.
Network world blue coat systems today announced it has acquired antimalware firm norman shark for an undisclosed price, in order to integrate its technologies, such as sandboxing, into other security productsavailable through blue coat. Thoma bravo, eyeing symantec, has been on a silicon valley. Ids acquired by softwarefocused private equity firm thoma. Internet security software maker blue coat systems inc.
Thoma bravo also previously held stakes in other cybersecurity firms such as tripwire, blue coat, sonicwall, digicert, and entrust. Clark got the top job at mountain viewbased symantec after it. Thoma bravo completes majority investment in apttus. Feb 06, 2015 privateequity firm thoma bravo llc has renewed its efforts to sell blue coat systems inc.
Clark got the top job at mountain viewbased symantec after it bought his. Bain capital completes acquisition of blue coat systems. Oct 14, 2019 thoma bravo was founded in 2003 and has quickly risen to become a major player on the capital market with more than 230 deals, mostly based around software, it infrastructure, and cybersecurity. Dec 09, 2011 internet security software maker blue coat systems inc. Cority announces new growth investment with thoma bravo as.
Sep 04, 2018 thoma bravo is a longtime investor in the software sector and differentiates itself within the private equity community by building longterm partnerships with management and creating value by applying operational excellence learned from its unparalleled experience in software investing. San francisco and houston, august, 2018 thoma bravo, llc, a leading private equity investment firm, today announced that it has agreed to acquire quorum software quorum or the company, the leader in digital transformation for the oil and gas industry, from silver lake. The deal crystallized bains interest in infrastructure software, humphrey said. Today, our firms private equity software portfolio includes 35 companies that. Thoma bravo is on a cybersecurity acquisition spree. Earlier in december thoma bravo agreed to buy blue coat systems inc. Thoma bravo has had its sights set on tech and security companies since its first acquisition it bagged access and integration software maker, attachmate back in 2004. Bain indicated that it hoped to launch another ipo and.
Previous majority investor norwest venture partners. Power s existing team in the ongoing expansion of the. However, it was the hacks of sony pictures, jpmorgan chase and target that. The acquisition of blue coat the third enterprise software transaction in seven days is yet another sign that dealmaking in the sector is. Thoma bravo completes tender offer for outstanding shares. By 2005, bravo and thoma had recruited three employees, scott crabill, holden spaht and seth boro, to. Seth boro speaks with buyouts magazine on tech sector. Blue coat systems has agreed to be acquired by a group of investors led by private equity firm thoma bravo, which intends to take the internet networking and security vendor private, the two. Analytical and operational solutions to navigate complex, volatile markets.
Mar 23, 2020 thoma bravo, llc, a leading private equity firm focused on the software and technologyenabled services sector, today announced that it has successfully concluded its cash tender offer to purchase. As a private company, blue coat will be better positioned to innovate at an accelerated rate and achieve a higher. Thoma bravo completed the acquisition of autodata solutions group, a provider of data and software solutions that power the automotive ecosystem. Thoma bravo acquires and merges meridianlink and crif. Blue coat, which san franciscobased thoma bravo bought in. At blue coat, a maker of security and networking software that was slumping badly when thoma bravo bought it in 2012, the company increased research and development spending and added technology through acquisitions that boosted market share, according to greg clark, chief executive officer before and after the acquisition. Thoma bravo acquired the interest from centrifys venture capital investors, led by mayfield, accel partners, jackson square ventures and index ventures. Teachers private capital participates in acquisition of blue. Thoma bravo to acquire lexmarks enterprise software business. Thoma bravo is a longtime investor in the software sector and differentiates itself within the private equity community by building longterm partnerships with management and creating value by applying operational excellence learned from its unparalleled experience in software investing. By 2005, bravo and thoma had recruited three employees, scott crabill, holden spaht and seth boro, to focus on.
Thoma bravo announces a recommended cash offer for sophos. Blue coat systems was a company that provided hardware, software, and services designed. Teachers private capital participates in acquisition of blue coat. Blue coats president and coo david murphy says blue coat already had an oem relationship with norman shark, and buying the outfit means that more will. San francisco, july 10, 2017 thoma bravo, a leading private equity firm, today announced that it has completed the acquisition of lexmark international, inc.
Bain capital acquired blue coat from thoma bravo, llc in allcash transaction. The transaction is expected to close by year end, subject to customary closing conditions. Power, a global leader in data analytics and consumer intelligence. Thoma bravo was founded in 2003 and has quickly risen to become a major player on the capital market with more than 230 deals, mostly based around software, it. San francisco, ca may 3, 2017 thoma bravo, a leading private equity firm, today announced it has entered into a definitive agreement with lexmark international inc. Toronto, on may 28, 2019cority, the trusted provider of environmental, health, safety and quality ehsq software, has announced that it has entered into an agreement with thoma bravo, llc, in which the leading private equity investment firm will own a majority stake in the company.
Investors of thoma bravo fund xiii include sovereign wealth funds, public pension funds, multinational. Thoma bravo to acquire quorum software business wire. Thoma bravo is a leading private equity firm focused on the software and technologyenabled services sectors. Thoma bravo completes tender offer for outstanding shares of. Thoma bravo to acquire quorum software marketwatch. May 28, 2019 toronto, on may 28, 2019cority, the trusted provider of environmental, health, safety and quality ehsq software, has announced that it has entered into an agreement with thoma bravo, llc, in which the leading private equity investment firm will own a majority stake in the company. Thoma bravo completes acquisition of veracode software. In october 2019, forbes estimated the value of the firm. In 2016, it was acquired by and folded into symantec the company was known as cacheflow until 2002 the company had a broad security portfolio including hardware, software and services. Thoma bravo featured in bloomberg story on successful.
Concurrent with the closing of the transaction, david murphy, the former president and coo of blue coat systems and a current thoma bravo operating partner, will. Thoma bravo s hyland software named one of fortune 100 best companies to work for. Thoma bravo completes acquisition of lexmarks enterprise. Blue coat agrees to be acquired by private equity firm. Thoma bravo is led by managing partners orlando bravo, seth boro, scott crabill, lee mitchell, holden spaht, carl thoma and partners jack le roy, a. Thoma bravo completes acquisition of blue coat systems. Thoma bravo owned blue coat systems acquires antimalware firm. Blue coat marks the continuation of thoma bravos investment efforts in the. Thoma bravo, llc, a leading private equity investment firm, today announced that it has completed the acquisition of veracode software veracode, a leading provider in nextgeneration application security testing ast, from broadcom inc. Nov 06, 2018 private equity firm thoma bravo llc has approached symantec corp to express interest in acquiring the norton antivirus software maker, people familiar with the matter told reuters on tuesday. Ids acquired by softwarefocused private equity firm thoma bravo. Aug 14, 2018 analytical and operational solutions to navigate complex, volatile markets. Dark reading is part of the informa tech division of. The company had a broad security portfolio including hardware, software and services.
Thoma bravo, llc, a leading private equity firm focused on the software and technologyenabled services sector, today announced that it has successfully concluded its cash tender offer to. The acquisition was announced on february 12, 2019 and. Thoma bravo has extensive experience investing in the cybersecurity software sector, and has completed nearly 40 acquisitions of enterprise security. Aug, 2018 thoma bravo, llc, a leading private equity investment firm, today announced that it has agreed to acquire quorum software quorum or the company. Thoma bravo completes majority investment in centrify. Thoma bravo considers ipo, sale of software firm dynatrace. Thoma bravo to acquire majority interest in apttus.
Teachers private capital participates in acquisition of. Thoma bravo, a leading private equity firm, today announced it has entered into a definitive agreement with lexmark international inc. In software, thoma bravo has completed more than 46 addon acquisitions. Blue coats management is also rolling a stake into the new company, a source said. Private equity firm thoma bravo llc is exploring the sale of network security company blue coat systems inc and is expected to choose goldman sachs group inc. Blue coat systems was a company that provided hardware, software, and services designed for cybersecurity and network management. Thoma bravoowned blue coat systems acquires antimalware firm. Software quickly became bravos sole focus, and thoma cressey began to thrive. Thoma bravo acquires and merges meridianlink and crif lending. Thoma bravo has strong track record of investing in financial technology, and we are major believers in the outcomes that leading saas applications can deliver for customers and consumers in the credit union, bank and mortgage markets, said a. Thoma bravo to acquire quorum software ctrm center. Thoma bravo to acquire majority interest in apttus marketwatch. Partnership to accelerate quorums strategic growth initiatives.
Sellers include thoma bravo and the ontario teachers pension plan. Investor group led by thoma bravo blue coat agrees to be acquired by private equity firm. Thoma bravo to acquire lexmarks enterprise software. For its part, sophos has also made a splash on the market, with acquisitions such as dialogs, the company behind security software hitmanpro, avid secure, and, most notably, invincea. Sep 04, 2018 concurrent with the closing of the transaction, david murphy, the former president and coo of blue coat systems and a current thoma bravo operating partner, will join apttus office of the ceo as. Jul 30, 2019 thoma bravo, llc, a leading private equity investment firm, today announced that it has reached an agreement to acquire j.
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