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