Thoma Bravo Closes Discover Fund II, at $2.4 Billion

Thoma Bravo, LLC, a private equity investment firm, closed Thoma Bravo Discover Fund II, at $2.4 billion.

The fund received support from a diverse range of Thoma Bravo’s existing institutional investors, including sovereign wealth funds, public pension funds, multinational corporations, insurance companies, fund-of-funds, endowments, foundations and family offices.

Led by Managing Partners Orlando Bravo, Seth Boro, Scott Crabill, Lee Mitchell, Holden Spaht, Carl Thoma and Partners Jack Le Roy, A.J. Rohde, Robert Sayle and Hudson Smith, Thoma Bravo Discover Fund II will utilize the firm’s buy-and-build investment strategy targeting investments in application, infrastructure and security software and technology-enabled services.

Founded in 2003, Thoma Bravo has completed more than 180 software and technology-enabled service acquisitions, representing approximately $49 billion in enterprise value. Representative past and present portfolio companies include Datatel, Digital Insight, Entrust, SonicWall, Network Instruments, Hyland Software, Deltek, Blue Coat Systems, Bomgar, Riverbed, Compuware and SolarWinds.
The firm has offices in San Francisco and Chicago.

FinSMEs

26/04/2018

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