Thoma Bravo

From Wikipedia, the free encyclopedia
Jump to: navigation, search
Thoma Bravo
Private Ownership, Limited liability company
Industry Private Equity
Founder 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
Number of 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[edit]

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[edit]

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]

References[edit]

  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

External links[edit]