Thoma Bravo

Thoma Bravo, established in 1980 and headquartered in Chicago, Illinois, is a prominent private equity firm with over $30 billion in investor commitments. The firm specializes in control investments, primarily in the software and technology sectors, with a focus on the United States. Thoma Bravo pioneered the buy-and-build investment strategy, targeting companies with strong business franchises, enterprise values between $100 million to $2 billion, and EBITDA exceeding $50 million. The firm prefers majority stakes and typically invests between $30 million to $750 million or more. Thoma Bravo's investment strategy spans across various technology sub-sectors, including application software, cybersecurity, financial technology, healthcare information technology, and infrastructure.