Thoma Bravo

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Thoma Bravo
Type Private Ownership, Limited liability company
Industry Private Equity
Founder(s) Carl Thoma, Orlando Bravo, Scott Crabill, Lee Mitchell [1]
Headquarters Chicago, Illinois, United States
San Francisco, California, United States
Products Investments, private equity funds
Total assets $3.6 billion
Employees 25+
Website www.thomabravo.com

Thoma Bravo is a private equity firm specializing in investing in middle-market companies in fragmented and consolidating industries.[2] The firm and its predecessor firms are generally credited with devising the concept of consolidating companies in fragmented industries, according to the Wall Street Journal.[3]

Thoma Bravo's investment strategy and process was developed more than 30 years ago and more recently has been refined through a series of private equity investment funds representing almost $4 billion in committed capital.[4]

The firm invests through private limited partnerships and its investors include a variety of pension funds, endowments and other institutional investors.

The firm has more than 25 employees and two offices - San Francisco and Chicago.

Thoma Bravo is a member of the Private Equity Growth Capital Council, the National Venture Capital Association and the Illinois Venture Capital Association.

Partners

Thoma Bravo has six partners: managing partners Orlando Bravo, Scott Crabill, Lee Mitchell and Carl Thoma, plus partners Seth Boro and Holden Spaht.[5] Boro and Spaht were promoted to partner in January 2011.[6]

Funds

The firm’s most recent fund, Thoma Bravo Fund X, closed in February 2012 with $1.25 billion of capital and is currently being invested in companies within application and infrastructure software, education and business services sectors.[7]

Thoma Bravo Fund IX, closed in March 2009 with $822.5 million of capital.[8]

External links

Thoma Bravo (official website)

References

  1. Thoma Bravo Homepage (Company Website). Retrieved March 23, 2011
  2. Bloomberg BusinessWeek, Thoma Bravo LLC. Retrieved March 23, 2011
  3. Venture Firms are Foraying Into ‘Fragmented’ Industries. Wall Street Journal, October 6, 1986
  4. Hoover’s Company Profiles: Thoma Bravo LLC. Answers.com, Retrieved March 23, 2011
  5. Thoma Bravo Team (Company Website). Retrieved March 23, 2011
  6. Thoma Bravo Promotes a Pair. PEHub.com, January 10, 2011
  7. Thoma Bravo Raises $1.25b for Fund X. The Deal, February 29, 2012
  8. Thoma Bravo Closes Book on Fund IX at $822.5m. Buyouts, March 30, 2009
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