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Who is Thoma Bravo?

Thoma Bravo is a private equity firm based in the United States.

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Firm facts

Thoma Bravo

Type
private equity firm
Headquarters
United States
Last verified 2026-10-24
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How they work

Thoma Bravo is a global private equity investor focused on software and technology companies. Its Flagship, Discover and Explore platforms work with management teams to improve operations and pursue growth.

Thoma Bravo works closely with software management teams on operational efficiency, profitable growth and add-on acquisitions across its Flagship, Discover and Explore platforms.

Capital
Approximately $170 billion assets under management as of 30 June 2026; this is not a committed-capital amount.
Capital model
Private equity buyout funds are operated through Flagship, Discover and Explore platforms; the firm also has a separate credit platform.
Ownership
The firm reports control and non-control investments across its transaction history.
Platform or bolt-on
Works with portfolio management teams to pursue add-on acquisitions as part of its growth approach.
Sector focus
Software and technology companies, with a focus on operational efficiency and profitable growth.

Their portfolio

Showing 62 of 62 known holdings — coverage is still partial.

  • SectorSoftware & IT services
    What they doABC Fitness Solutions supplies club management, member engagement and payment software to fitness businesses.
  • SectorSoftware & IT services
    What they doAnaplan is the AI-driven scenario planning and analysis platform designed to optimize decision-making in today’s complex business environment so that enterprises can outpace their competition and the market.
  • SectorSoftware & IT services
    What they doApplitools sets the industry standard for AI-powered test automation, infusing AI into every step of the testing lifecycle.
  • SectorSoftware & IT services
    What they doApryse, previously known as PDFTron, is a global leader in document processing technology that makes work better and life simpler.
  • SectorProfessional & business services
    What they doAuros recruits and verifies research participants for customer experience studies and AI training and evaluation.
  • SectorSoftware & IT services
    What they doAzul provides the Java platform for the modern cloud enterprise.
  • SectorFinancial services
    What they doBlueMatrix is the global leader in capital markets content publishing technology.
  • SectorHealthcare
    What they doBluesight powers hospital operations with intelligence that simplifies inventory management, procurement, and compliance.
  • SectorFinancial services
    What they doBottomline helps businesses transform the way they pay and get paid.
  • SectorSoftware & IT services
    What they doCasepoint is the unified, AI-powered platform government agencies and regulated enterprises rely on to discover, secure, and act across their most critical legal, regulatory, and compliance work.
  • SectorHealthcare
    What they doCircle Cardiovascular Imaging is the AI-native platform cardiovascular care teams rely on to read, quantify, and report advanced imaging.
  • SectorEducation
    What they doCompTIA, Inc. is the global provider of vendor-neutral training and certification products in the information technology (IT) space.
  • SectorSoftware & IT services
    What they doConga supplies contract, pricing and revenue operations software for businesses.
  • SectorSoftware & IT services
    What they doConnectWise is software company empowering managed service providers (MSPs) with the technology that runs small and midsized businesses (SMBs) .
  • SectorFinancial services
    What they doContinuous (formerly SMA Technologies) is an intelligent automation platform built exclusively for banks and credit unions.
  • SectorSoftware & IT services
    What they doCority develops environmental, health, safety and sustainability management software for businesses.
  • SectorSoftware & IT services
    What they doCoupa is the AI platform for total spend management.
  • SectorSoftware & IT services
    What they doDarktrace is a global leader in AI for cybersecurity that keeps organizations ahead of the changing threat landscape every day.
  • SectorSoftware & IT services
    What they doDayforce makes work life better. Everything we do as a global leader in HCM technology is focused on enabling thousands of customers and millions of employees around the world to do the work they're meant to do.
  • SectorSoftware & IT services
    What they doDelinea provides centralized authorization and identity security for human and machine accounts.
  • SectorSoftware & IT services
    What they doEptura is a global worktech company that digitally connects people, workplaces, and assets in a unified platform to enable our customers to thrive.
  • SectorSoftware & IT services
    What they doEQS Group supplies software for compliance, privacy, sustainability reporting and investor relations.
  • SectorSoftware & IT services
    What they doEverbridge is the global leader in Critical Event Management (CEM), helping organizations achieve a true business resilience advantage.
  • SectorSoftware & IT services
    What they doExabeam is a leader in intelligence and automation that powers security operations for the world’s smartest companies.
  • SectorSoftware & IT services
    What they doFlexera helps organizations understand and maximize the value of their technology, including the rising costs and risks introduced by AI, saving billions of dollars in wasted spend.
  • SectorConstruction & infrastructure
    What they doFoundation Software provides construction accounting, project management, estimating and safety software.
  • SectorConstruction & infrastructure
    What they doHCSS is a provider of construction management software designed to connect the office to the field across the lifecycle of heavy civil and infrastructure projects.
  • SectorProfessional & business services
    What they doHubSync provides tax compliance and workflow automation software to accounting firms.
  • SectorSoftware & IT services
    What they doHyland is a leader in providing software solutions for managing content, processes and cases for organizations across the globe.
  • SectorSoftware & IT services
    What they doHypergene develops budgeting, forecasting and project portfolio management software.
  • SectorHealthcare
    What they doImprivata is a provider of authentication, identity and access solutions for healthcare organizations globally.
  • SectorSoftware & IT services
    What they doIntel 471 supplies cyber threat intelligence on adversaries, attack patterns and emerging risks.
  • SectorProfessional & business services
    What they doJD Power is a proven leader in business-critical data and intelligence to drive auto-related decisions with confidence and clarity.
  • SectorLogistics & transport
    What they doJeppesen ForeFlight supplies aviation data, flight planning and operational software to pilots, fleets and airlines.
  • SectorSoftware & IT services
    What they doKneat Solutions provides companies in highly regulated industries with efficiency in validation and compliance through its digital validation platform Kneat Gx.
  • SectorHealthcare
    What they doLOGEX is the way in healthcare analytics in Europe.
  • SectorSoftware & IT services
    What they doMagnet Forensics develops software that acquires, analyzes and manages digital investigation evidence.
  • SectorFinancial services
    What they doMajesco provides technology, expertise, and leadership that helps insurers modernize, innovate and connect to build the future of their business – and the future of insurance – at speed and scale.
  • SectorSoftware & IT services
    What they doMercell runs e-tendering and procurement software connecting public sector buyers and suppliers.
  • SectorSoftware & IT services
    What they doMotus supplies vehicle and device cost reimbursement software for mobile workforces.
  • SectorSoftware & IT services
    What they doN-able (formerly SolarWinds MSP) empowers managed services providers (MSPs) to help small and medium enterprises navigate the digital evolution.
  • SectorSoftware & IT services
    What they doNearmap captures aerial imagery and geospatial data for property, construction and other business users.
  • SectorHealthcare
    What they doNextGen Healthcare, Inc. is a provider of healthcare technology and data solutions.
  • SectorSoftware & IT services
    What they doNintex is the global standard for process management and automation.
  • SectorConsumer & retail
    What they doOlo is a restaurant technology provider with ordering, payment, and guest engagement solutions that help brands increase orders, streamline operations, and improve the guest experience.
  • SectorHealthcare
    What they dopadoa provides an occupational health software platform for employers and health professionals in France.
  • SectorFinancial services
    What they doPCMI provides contract and claims administration software to automotive finance and insurance providers.
  • SectorSoftware & IT services
    What they doPing delivers unforgettable user experiences and uncompromising security.
  • SectorSoftware & IT services
    What they doProofpoint, Inc. is a global leader in human- and agent-centric cybersecurity, securing how people, data and AI agents connect across email, cloud and collaboration tools.
  • SectorLogistics & transport
    What they doPROS, Inc. is the offer management provider to the airline industry, helping airlines deliver seamless retail experiences designed to maximize revenue and margin growth.
  • SectorIndustrials & manufacturing
    What they doQAD supplies manufacturing and supply chain software, including ERP and supplier management tools.
  • SectorSoftware & IT services
    What they doQlik converts complex data landscapes into actionable insights, driving strategic business outcomes.
  • SectorReal-estate services
    What they doRealPage improves the business of living for both housing providers and residents.
  • SectorSoftware & IT services
    What they doRiskonnect is the global provider of Integrated Risk Management technology solutions.
  • SectorSoftware & IT services
    What they doSailPoint is a provider of identity security for the modern enterprise.
  • SectorLogistics & transport
    What they doShipStation Global is the #1 intelligent logistics platform for small and mid-sized shippers.
  • SectorFinancial services
    What they doSolifi delivers a global portfolio of end-to-end, integrated solutions for secured finance, including equipment finance, auto finance, wholesale/floorplan finance, working capital, and asset-based lending.
  • SectorSoftware & IT services
    What they doSophos develops cybersecurity software and services for preventing and responding to cyberattacks.
  • SectorHealthcare
    What they doSuvoda is a global clinical trial technology company specializing in complex, life-sustaining studies in therapeutic areas like oncology, central nervous system (CNS), and rare diseases.
  • SectorFinancial services
    What they doTrading Technologies provides trading software and market access tools for capital markets participants.
  • SectorSoftware & IT services
    What they doAs provider of software and service solutions for IT and customer-service management, USU enables companies to manage the requirements of today’s digital world.
  • SectorSoftware & IT services
    What they doVerint ® is a leader in Customer Experience (CX) Automation, serving a customer base that includes more than 80 of the Fortune 100 companies.
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Sources

The truth, first.Data as at 2026-10-24
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