Aug 31, 2023

activant The company is a leading technology provider of business management solutions serving small and medium-sized retail and wholesale distribution businesses in three primary vertical markets: hardlines and lumber; wholesale distribution; and the automotive parts aftermarket. Founded in 1972, Activant provides customers with tailored proprietary software, professional services, content, supply chain connectivity and analytics. Thoma Bravo invested in Activant in 2006. The company’s earnings grew steadily over the next five years and, in 2011, it was acquired by Apax Partners and merged with Epicor Software Corporation (NASDAQ: EPIC) to create one of the largest global providers of enterprise applications focused on the manufacturing, distribution, services and retail sectors. FOUNDED applitools Applitools delivers a Next Generation Test Automation Platform through Visual AI and Ultrafast Test Cloud. Applitools enables engineering teams to release high quality web and mobile apps at incredible speed and at a reduced cost. Applitools Visual AI modernizes important test automation use cases – Functional Testing, Visual Testing, Web and Mobile UI/UX Testing, Cross Browser Testing, Responsive Web Design Testing, Cross Device Testing, PDF Testing, Accessibility Testing and Compliance Testing – to transform the way organizations deliver innovation at the speed of CI/CD at a significantly lower Total Cost of Ownership (TCO). Hundreds of companies from verticals such as Tech, Banking, Insurance, Retail, Pharma, and Publishing – including 50 of the Fortune 100 – use Applitools to deliver the best possible digital experiences to millions of customers on any device and browser, and across every screen size and operating system. CEO appomni AppOmni is the leading provider of SaaS Security Management. AppOmni provides unprecedented data access visibility, management, and security of SaaS solutions, enabling organizations to secure mission-critical and sensitive data. AppOmni’s patent-pending technology deeply scans APIs, security controls, and configuration settings to evaluate the current state of SaaS deployments and compare against best practices and business intent. With AppOmni, organizations can establish rules for data access, data sharing, and third-party applications that will be continuously and automatically validated. The company’s leadership team brings expertise and innovation from leading SaaS providers, high tech companies, and cybersecurity vendors. Backed by Salesforce Ventures, ServiceNow Ventures, Scale Venture Partners and more, AppOmni was named a 2021 SINET16 Innovator and one of Dark Reading’s “11 Cybersecurity Vendors to Watch in 2021. CEO apttus Apttus is a leading provider of software for the “middle office” (e.g., where profit and loss is managed and customer strategies implemented) in enterprises around the world. Its comprehensive suite of quote-to-cash (QTC) software solutions address all the processes necessary to go from providing a price quote to recognizing revenue, including configure-price-quote (CPQ), contract lifecycle management (CLM), e-commerce and billing and revenue management. Apttus’ solutions automate, optimize and apply artificial intelligence to the most important set of business processes for any enterprise – generating revenue and managing key commercial relationships. Its customer base includes hundreds of the Global 2000 and is expanding rapidly as enterprises of all sizes are recognizing the importance of middle office solutions to their growth and success. In May 2020, Apttus and Conga combined to create the leader in digital transformation for commercial operations. FOUNDED attachmate A 2004 investment by Thoma Bravo and two other private equity firms in a relatively small provider of software for accessing and integrating legacy computing applications was the first step in the creation, through a multi-year series of strategic acquisitions, of The Attachmate Group, the world’s largest independent provider of access and integration software for legacy systems. In 2014, Attachmate merged with Micro Focus International plc, a multinational, UK-based software and information technology business that provides software and consultancy services for clients updating legacy systems. As a result of the merger, Thoma Bravo and the other private equity firms became owners of about 40% of the outstanding stock of Micro Focus, which is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. The stock was sold over the following two years. FOUNDED auctane Navigating the complex landscape of global shipping and logistics presents new challenges for fast-growing brands every day. At Auctane, we serve and champion these businesses in everything we do. We are a team of shipping and software experts with a passion for helping businesses move their ideas, dreams, and innovations around the globe. Our software solutions power billions of shipments every year and enable businesses to manage complex logistic channels with ease, optimizing their time, energy, and resources. Auctane brands include Stamps.com, Endicia, ShipStation, ShippingEasy, ShipWorks, ShipEngine, Shipsi, GlobalPost, and Metapack, with offices in El Segundo, Austin, London, Sunnyvale, Zielona Gora, Atlanta, and St. Louis. CEO blue-coat Blue Coat Systems is a leading provider of Web security and WAN optimization solutions. Blue Coat offers solutions that provide the visibility, acceleration and security required to optimize and secure the flow of information to any user, on any network, anywhere. This application intelligence enables enterprises to tightly align network investments with business requirements, speed decision making and secure business applications for long-term competitive advantage. Blue Coat also offers service provider solutions for managed security and WAN optimization, as well as carrier-grade caching solutions to save on bandwidth and enhance the end-user Web experience. After about three years of Thoma Bravo ownership, Blue Coat was sold to Bain Capital in May 2015. During its period of ownership, Thoma Bravo worked closely with the company’s existing management to add additional operational resources; design and execute a plan that substantially reduced the company’s cost structure without negatively impacting top line performance; navigate the largest appliance refresh program in the company’s history; realign the focus of the company’s sales force; improve channel terms and practices; strengthen pricing discipline; and complete four strategic acquisitions in high growth sub-sectors of its markets. As the company’s CEO noted at the time: with Thoma Bravo’s help, "Blue Coat has strengthened and expanded our product portfolio, leading to more value for our customers while positioning the company for the next stage of growth… We have benefitted from Thoma Bravo’s insight and support." FOUNDED bomgar Bomgar is a leading provider of Secure Access solutions for business. Bomgar’s secure access solutions enable customers to more easily support people, access and protect endpoints and defend privileged credentials to counter cyber threats and speed business performance. Organizations around the globe use Bomgar to deliver superior support services and reduce threats to valuable data and systems. Bomgar clients include some of the world’s leading IT outsourcers, systems integrators, software vendors, healthcare organizations, government agencies, universities, financial institutions and retailers. Thoma Bravo’s Discover Fund acquired Bomgar from another private equity firm in 2016 and, with management, quickly implemented an operating improvement plan that substantially improved the company’s profit margin. This was followed by a key add-on acquisition that enhanced the company’s security offerings. Bomgar was subsequently sold to an affiliate of private equity firm Francisco Partners. FOUNDED conga Conga, the global leader in commercial operations transformation, helps businesses simplify and automate their approach to the essential quotes, contracts, and documents that drive commerce. We help our customers become more agile, so they can adapt quickly to change and create a fluid, connected customer experience. Companies choose Conga for the most comprehensive solution set in the market and expert guidance, enabling them to transform the processes and documents surrounding customer engagement, configure price quote (CPQ), contract lifecycle management (CLM), and the complete commercial operations lifecycle. With Conga, businesses evolve their commercial operations to streamline their revenue processes and derive the meaningful insights that lead to sustained growth. Conga is headquartered in San Mateo, Calif. with global operations across North America, Europe and Asia. CEO connectwise ConnectWise is a leading provider of software solutions to the Managed Service Provider (MSP) and SMB ecosystem. The company provides the most comprehensive business automation platform in its industry. This includes Professional Services Automation (PSA); Remote Monitoring and Management (RRM); Configure, Price, Quote (CPQ), plus Remote Connection and Security offerings for more than 25,000 partners in more than 65 countries. Further, the ConnectWise platform integrates with over 200 third-party applications, helping MSPs mine new revenue streams associated with those applications. With more than 35 years of experience, ConnectWise delivers the software solutions and support MSPs and SMBs need at each step of their business journey. CEO cority Cority is the most trusted environmental, health, safety, and quality (EHSQ) software for assuring client success. Cority enables organizations to utilize EHSQ software to advance their journey to sustainability and operational excellence by combining the deepest domain expertise with the most comprehensive and secure true SaaS platform. With 30+ years of innovation and experience, Cority’s team of over 350 experts serve over 800 clients in 100 countries, supporting 2.5 million end users. The company enjoys the industry’s highest levels of client satisfaction and has received many awards for its strong employee culture and outstanding business performance. CEO deltek Deltek is the leading provider of project-focused enterprise software and information solutions for government contractors and professional service firms. The company’s product portfolio includes a comprehensive set of financial management solutions, business organization and program management applications, and business development and customer relationship management solutions. The company also is the largest provider of government RFP data and information, offering its customers insight into trillions of dollars of government contract opportunities. Thoma Bravo acquired Deltek, then a public company, through a take-private transaction in 2012. Operational improvements and efficiencies were implemented immediately, improving annual earnings by tens of millions of dollars. Working closely together, Thoma Bravo and management (led by the company’s former CFO who was appointed CEO) improved cash flow margins by more than 60% and made six accretive acquisitions. In 2016 the company was acquired by Roper Technologies (NYSE: ROP). FOUNDED digital-insight Digital Insight, formerly the Financial Services division of Intuit, Inc. (NASDAQ: INTU), helps banks and credit unions grow by offering innovative online and mobile banking solutions that make it easier for consumers and businesses to manage their money. Digital Insight provides solutions that help financial institutions achieve higher customer engagement and profitability. Thousands of banks and credit unions use Digital Insight to provide their online banking services. Thoma Bravo acquired the business from Intuit in 2013 and established it as an independent company with its own data center, back office operations and G&A functions and identified a number of cost savings opportunities. Thoma Bravo then received an offer from NCR Corporation (NYSE:NCR) to acquire the business at a price that achieved the return goals for the investment much sooner than had been anticipated. The business was sold to NCR less than six months after the Thoma Bravo investment. FOUNDED embarcadero Embarcadero provides professional grade application performance tools for improving the user experience and database management tools for designing, developing and managing databases and the data they contain. Customers worldwide rely on the company’s cross-platform tools to increase productivity, reduce costs, simplify change management and compliance and accelerate innovation. Thoma Bravo acquired Embarcadero, then a public company, in 2007 through a take-private transaction and sold the company in 2015 to Idera, Inc., a portfolio company of private equity investment firm TA Associates. The CEO of Embarcadero commented at the time that “Embarcadero has matured a great deal since we began our relationship with Thoma Bravo. At the outset, our collaboration faced the challenges of the 2007-2008 crisis. The Thoma Bravo team showcased their faith in Embarcadero’s potential with a patient and deliberate plan to achieve organic growth in the face of difficult economic conditions. Our ability to navigate the global financial crisis, grow our business and have a very successful exit all serve as a testament to the strength of our organization and Thoma Bravo’s patient approach to investing.” FOUNDED entrust Entrust secures digital identities and information for consumers, enterprises and governments in thousands of organizations spanning more than 60 countries. Leveraging a layered security approach to address growing risks, Entrust solutions help secure the most common digital identity and information protection pain points in an organization, including SSL, authentication, fraud detection, shared data protection and e-mail security. After acquiring the company through a take-private transaction in 2009, Thoma Bravo worked with management to create an appropriate go-to-market strategy, optimum pricing for its offerings and improved renewals, which produced a fast growing, recurring, and consistent subscription business that made a successful transition to a Software-as-a-Service (SaaS) business. In 2013, Entrust was sold to Datacard Group, a privately owned, global issuer of secure credit and financial cards, passports, national IDs, employee badges, mobile payment applications and other credentials on behalf of financial institutions, government agencies and other enterprises. During Thoma Bravo’s time with Entrust, the company’s revenue and earnings increased substantially. FOUNDED figment Figment’s purpose is to build a better Internet by increasing usage of the next generation of Proof of Stake blockchains. These efficient blockchains give people greater control of their data, more privacy, and increase financial inclusion. By eliminating intermediaries they also limit the power of centralized data monopolies, rent seeking institutions and anti-social algorithms. We bring our mission to reality by helping investors stake their tokens; earn yield and participate in securing the blockchain. Our Hubble and Prime applications as well as our governance expertise allow token holders to analyze, monitor and make informed decisions. We build Web 3 developer communities via our Learn education program and then make it simple for these developers to launch applications and manage smart contracts via our DataHub platform. And finally by building and operating The Graph based indexers we enable the efficient search and querying of blockchain data. CEO ghx Global Healthcare Exchange (GHX) is a leading provider of cloud-based technology and services used for supply chain management by healthcare providers and suppliers. GHX offers its healthcare customers an open and neutral electronic trading exchange, procurement and accounts payable automation, contract and inventory management, business intelligence, and other tools and services. GHX enables the healthcare community to provide better and more cost-effective patient care by maximizing automation, efficiency and accuracy in business processes. A Thoma Bravo fund acquired GHX in 2014 from the consortium of healthcare companies that had formed it and, working closely with the company’s existing senior management team, implemented step-function operational improvements at closing, used improved cash flow to complete accretive add-on acquisitions, and re-invested in organic growth initiatives. As a result, the company’s earnings and margins increased substantially. In 2017, Temasek, a Singapore-based investment firm, purchased a majority interest in the company; Thoma Bravo remains an investor in the company with a minority interest. FOUNDED idaptive Idaptive was formed to enhance the growth of the Identity-as-a-Service (IDaaS) business previously part of Thoma Bravo portfolio company Centrify. Idaptive delivers Next-Gen Access, a more advanced version of traditional access management technologies, to protect organizations from data breaches. Idaptive products are built on Zero Trust, an IT architecture based on the principle of “never trust, always verify.” Unlike other providers of access management, Idaptive uniquely combines leading capabilities to seamlessly integrate single-sign on (SSO), multi-factor authentication (MFA), enterprise mobility management (EMM), and user behavior analytics (UBA). Its solutions intelligently determine the authenticity of a digital user and the user’s device, govern access across an organization’s resources, and react when risky behavior is detected. FOUNDED imperva Imperva is a cybersecurity leader that has built the world’s first and only multi-cloud platform to protect the edge, applications, and data. Edge security protects how the world connects to customer environments and includes DDoS and CDN. Application security protects customer critical workloads and includes WAF, RASP, and Advanced Bot Protection. Data security protects customer sensitive information and includes Database Activity Monitoring and Cloud Data Security. Imperva’s platform inspects more than 1T requests and blocks more than 18B attacks every month. By using machine learning to generate actionable insights via Attack Analytics and Data Risk Analytics, the company provides comprehensive visibility and risk buy-down across applications and data, saving companies more than 3M work hours every year. Imperva’s products are architected and designed to protect workloads and information on-premises, in the cloud, and across multi-cloud environments. CEO ioffice iOFFICE creates the most responsive, frictionless workplaces everywhere through space planning, employee experience, and asset management SaaS solutions. Our cloud-based, open-API platforms and mobile apps help businesses of all sizes connect data, people, and things wherever work takes place. Through our marketplace of smart building and IoT connectors and global partner network, iOFFICE enables enterprises to increase agility and scalability while streamlining their tech stack. More than 8,000 organizations in 85 countries choose iOFFICE to make their workforces more productive, create exceptional experiences, and simplify facility and equipment management. SpaceIQ makes your workplaces smarter and your employee experiences better. If you need centralized data-driven platform to make better informed decisions about your real estate, we've got you. If you want to plan and manage a more productive and efficient work environment, you've come to the right place. And if you want to give your employees a frictionless experience so they can do their best work, we do that too. Our mission is to help businesses of all sizes reach their full potential by creating great workplaces that attract and retain the talent they need to grow and succeed. FOUNDED landesk LANDESK Software is a leading provider of systems lifecycle management, endpoint security and IT service management solutions for desktops, servers and mobile devices across the enterprise. LANDESK enables IT departments to gain control of end-user computing environments with a single console, light infrastructure, and ITIL solutions that deliver significant value and ROI. Thoma Bravo invested in LANDESK in 2010 by acquiring it from Emerson Electric (NYSE: EMR), where it was an operating division, and establishing it as stand-alone business. Then, working closely with management, Thoma Bravo implemented operational processes, metrics tracking and other best practices to improve cash flow margins by more than 40%, followed by a series of add-on acquisitions. Seven highly complementary technology assets were acquired to broaden the company’s product offering and position it as a fully integrated, end-to-end, user-centered IT management platform. In 2016, LANDESK was sold to Clearlake Capital Group, L.P., which combined it with its portfolio company HEAT Software to create a new business using the name Ivanti. FOUNDED logrhythm LogRhythm empowers more than 4,000 customers across the globe to measurably mature their security operations program. LogRhythm’s award-winning   Next Gen SIEM Platform delivers comprehensive security analytics; user and entity behavior analytics (UEBA); network detection and response (NDR); and security orchestration, automation, and response (SOAR) within a single, integrated platform for rapid detection, response, and neutralization of threats. Built by security professionals for security professionals, LogRhythm enables security professionals at leading organizations like Cargill, NASA, and XcelEnergy to promote visibility for their cybersecurity program and reduce risk to their organization each and every day. LogRhythm is the only provider to earn the Gartner Peer Insights’ Customer Choice for SIEM designation three years in a row. CEO majesco Majesco 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. Our platforms connect people and businesses to insurance in ways that are innovative, hyper-relevant, compelling and personal. Over 200 insurance companies worldwide in P&C, L&A and Group Benefits are transforming their businesses by modernizing, optimizing or creating new business models with Majesco. Our market-leading solutions include CloudInsurer® P&C Core Suite (Policy, Billing, Claims); CloudInsurer® LifePlus Solutions (AdminPlus, AdvicePlus, IllustratePlus, DistributionPlus); CloudInsurer® L&A and Group Core Suite (Policy, Billing, Claims); Digital1st® Insurance with Digital1st® Engagement, Digital1st® EcoExchange and Digital1st® Platform – a cloud-native, microservices and open API platform; Distribution Management, Data and Analytics and an Enterprise Data Warehouse. CEO manatron Manatron is a leading provider of integrated, enterprise-level property tax solutions for state and local governments. The company’s software manages the entire property life cycle, which includes deed recording, land records, GIS (Geographic Information System) integration, valuation, assessment administration, personal property, business licenses, cashiering, tax billing and collection, delinquents and tax sales and e-government. Manatron serves customers throughout the United States and in Canada, South Africa and the U.S. Virgin Islands. Over its three-year ownership of the company, through internal growth and six strategic acquisitions, Thoma Bravo was able to help Manatron grow its earnings by a factor of almost 5x, increase its operating margin almost 6x and expand from a local provider of tax software in a few core markets to the leading provider of end-to-end property systems globally. The company was sold in 2011 to Thomson Reuters (NYSE: TRI), a $13B global information services company. FOUNDED medallia Founded in 2001, Medallia has pioneered the Experience Management market. Medallia’s award-winning SaaS platform, the Medallia Experience Cloud, leads the market in the understanding and management of experience for customers, employees and citizens. Medallia’s cutting-edge technology captures experience signals created on daily journeys in person, on calls and digital channels, over video and social media and IoT interactions and applies proprietary AI technology to reveal personalized and predictive insights that can drive action with tremendous business results. Using Medallia Experience Cloud, customers can reduce churn, turn detractors into promoters and buyers, create in-the-moment cross-sell and up-sell opportunities and drive revenue-impacting business decisions, providing clear and potent returns on investment. CEO mediware Mediware is a leading provider of specialized healthcare IT solutions for automating and managing complex healthcare processes for a broad spectrum of healthcare customers, including hospitals and alternative and post-acute care treatment facilities. Mediware software systems improve efficiencies and address safety concerns, enabling healthcare organizations to improve care processes while controlling costs. After acquiring the company in 2012, Thoma Bravo and management reduced the cost structure of the business to improve profitability without impacting revenue performance. Thoma Bravo also worked with management to reposition the business from predominantly a provider to the highly competitive hospital acute care market to a leading provider of healthcare IT for areas outside the hospital. Consistent with Thoma Bravo’s buy-and-build strategy, over the 4+ years of Thoma Bravo ownership the company identified and completed six accretive add-on acquisitions that not only increased the scale and scope of the business but also further improved profit margins and added additional, highly attractive recurring revenue. In 2017 Mediware was sold to TPG Capital. FOUNDED nearmap Nearmap provides easy, instant access to high resolution aerial imagery, city-scale 3D content, AI data sets, and geospatial tools. Using its own patented camera systems and processing software, Nearmap captures wide-scale urban areas in Australia, New Zealand, the United States and Canada several times each year, making current content instantly available in the cloud via web app or API integration. Every day, Nearmap helps thousands of users conduct virtual site visits for deep, data driven insights – enabling informed decisions, streamlined operations and better financial performance. Nearmap was founded in Australia in 2007 and is one of the largest aerial survey companies in the world. CEO network-instruments Network Instruments is an industry leader in application and network troubleshooting and analysis. The company’s monitoring and management tools optimize performance and speed problem resolution, helping ensure delivery of critical applications for businesses worldwide. It delivers these benefits through a seamlessly integrated line of software and hardware systems that are precision engineered for exact network monitoring and analysis. After Thoma Bravo acquired Network instruments in 2012, it worked with management to transition the company from a founder owned and operated business to a professionally managed business with improved budgeting processes, formal incentive plans and financial support for sales to build upon the company’s differentiated technology in a growing market. This led to increased revenues and earnings, accelerated growth in new bookings and attention from larger companies in the sector. In 2014, the company was sold to JDS Uniphase Corporation (NASADAQ:JDSU), a $1.7B public provider of network management solutions. FOUNDED n-able N-able (formerly SolarWinds MSP) empowers managed services providers (MSPs) to help small and medium enterprises navigate the digital evolution. With a flexible technology platform and powerful integrations, N-able makes it easy for MSPs to monitor, manage, and protect their end-customer systems, data, and networks. N-able’s growing portfolio of security, automation, and backup and recovery solutions is built for IT services management professionals. N-able simplifies complex ecosystems and enables customers to solve their most pressing challenges. N-able provides extensive, proactive support—through enriching partner programs, hands-on training, and growth resources—to help MSPs deliver exceptional value and achieve success at scale. CEO personetics Focused on enabling proactive engagement for Financial Institutions, Personetics’ AI analyzes financial data in real-time to understand customer financial behavior, anticipate customer needs and deliver a hyper-personalized experience. With solutions designed for the mass market, wealth management, and small business customers, the technology enables banks to offer day-to-day insights, financial advice, and automated wellness programs to customers. Banks use Personetics’ agile tools to rapidly create their own personalization IP to serve the unique needs of their customers and differentiate themselves in a crowded market. With these advances, banks have transformed their digital banking into the center of the customers’ financial lives while also delivering significant business impact. Led by a team of seasoned financial and technology entrepreneurs, Personetics strives to actualize a world of ‘Self-Driving Finance’ where banks proactively act on behalf of their customers – a win-win for customers and banks alike. CEO planview Planview has one focus: enabling the transformation journey as organizations rewire strategy to delivery in today’s fast-paced, highly disruptive markets. Our solutions uniquely help organizations navigate this journey and accelerate on-strategy delivery at enterprise scale. Planview’s full spectrum of Portfolio Management and Work Management solutions create organizational focus on the strategic outcomes that matter and empower teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enable customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, Planview has more than 700 employees supporting 3,500 customers and 1 million users worldwide. CEO powerplan PowerPlan, Inc. is a leading provider of corporate performance management (CPM) software to companies in asset-intensive industries, including utilities, oil & gas, public sector, telecom and transportation. PowerPlan’s fully integrated cloud-based and on-premise CPM platform provides complete data visibility from forecasting and monitoring to scenario planning and analytics while maintaining financial compliance. Thoma Bravo invested in PowerPlan in February 2015 and helped management develop and utilize more advanced financial management tools in the operation of the business. In addition, sales headcount was doubled to spur growth and the company’s technology was upgraded to set the foundation for a next-generation, cloud-based platform. Revenue grew at a double-digit compound annual rate and EBITDA margins expanded. Thoma Bravo also supported management in executing a highly accretive add-on acquisition of Riva Modeling Systems Inc., a leader in asset management planning and asset investment planning solutions. In June 2018, PowerPlan was acquired by Roper Technologies, a publicly-traded diversified industrial company. FOUNDED quorum Quorum is a leading provider of integrated software solutions that address the core processing demands of the upstream, midstream and downstream segments of the oil and gas value chain. The company offers an industry-leading portfolio of finance, operations and accounting software that empowers energy companies of all sizes to overcome their most complex business challenges from the field to the back office. Quorum is a preferred software provider to many of the largest public energy companies worldwide, 75 percent of LNG exporters throughout North America and companies providing 80 percent of all the natural gas processed in the United States. CEO roadnet Roadnet (formerly UPS Logistics Technologies, a division of United Parcel Service) provides fleet management solutions for hundreds of thousands of vehicles worldwide and in a variety of industries. Specific fleet management applications provide strategic territory and street-level route plans, real-time wireless dispatch, vehicle telematics and global positioning systems (GPS). The company’s solutions are utilized to improve operational efficiency and driver productivity, saving customers millions of gallons of fuel every year. Thoma Bravo purchased the Roadnet business from UPS in 2010 and established the business as an independent company. During the Thoma Bravo ownership, the management team was supplemented, various operating improvements were made and sales and renewal functions were reorganized, all of which resulted in substantial increases in revenue and profitability. The company was sold in 2013 to Omnitracs, a portfolio company of Vista Equity Partners, who had concluded that Roadnet’s focus on software-based fleet solutions for private fleets was an excellent complement to Omnitracs’ focus on telematics hardware and software solutions for the long-haul transportation market. FOUNDED sailpoint SailPoint is the leading provider of identity security for the modern enterprise. Enterprise security starts and ends with identities and their access, yet the ability to manage and secure identities today has moved well beyond human capacity. Harnessing the power of our deep expertise combined with machine learning, the SailPoint Identity Security Platform delivers the right level of access to the right identities and resources at the right time—matching the scale, velocity, and environmental needs of today’s cloud-oriented enterprise. SailPoint’s intelligent, autonomous, and integrated solutions put identity security at the core of digital business operations, enabling even the most complex organizations across the globe to build a security foundation capable of defending against today’s most pressing threats. CEO sirius Sirius is a national integrator of technology-based business solutions that span the enterprise, including data center and business operations. The company provides a wide variety of products and services from the world’s top technology companies, making it the leading value-added reseller (VAR) in the U.S. and IBM’s largest Solution Provider. Thoma Bravo helped the company diversify its revenue stream and dramatically expand its product line and geographic market through acquisitions and strategic initiatives. Five acquisitions added almost one-half billion dollars of revenue to the business and supported the diversification strategy, while continued investment in sales capability strengthened the company’s competitive position even during a major recession. During Thoma Bravo ownership, revenues increased from just over $600 million annually to about $1.6 billion, profitability almost tripled and the number of employees grew more than three-fold. In 2015, Sirius was sold to private equity firm Kelso & Company. FOUNDED solarwinds SolarWinds is the leading provider of IT and infrastructure management solutions for IT professionals. Its powerful and affordable hybrid IT infrastructure management software is used by customers worldwide, from Fortune 500® enterprises to small businesses, government agencies and educational institutions. SolarWinds delivers products that are easy to find, buy, use, maintain and scale while providing the power to address all key areas of the information technology infrastructure, from on-premises to the Cloud. Users are able to interact in the company’s thwack® online community to solve problems, share technology and best practices and directly participate in the product development process. CEO sonicwall SonicWall is a leader in advanced network security, secure remote access, email security, backup and recovery, and management and reporting. The company’s advanced intelligent network security and data protection solutions adapt as organizations evolve and as threats evolve. SonicWall solutions are designed to detect and control applications and protect networks from intrusions and malware attacks through hardware, software and virtual appliance-based solutions. Thoma Bravo led an investment group that acquired SonicWall through a take-private transaction in July 2010. In the following two years, the development and implementation of operational strategies developed by its management and Thoma Bravo positioned the company as a leader in the evolving area of network security and data protection and attracted the attention of larger information technology companies. In mid-2012 the company was sold to Dell, Inc. (NASDAQ: DELL) and now operates as Dell SonicWall. FOUNDED sophos As a worldwide leader in next-generation cybersecurity, Sophos protects more than 400,000 organizations of all sizes in more than 150 countries from today's most advanced cyberthreats. Powered by SophosLabs - a global threat intelligence and data science team - Sophos' cloud-native and AI-enhanced solutions secure endpoints (laptops, servers and mobile devices) and networks against evolving cybercriminal tactics and techniques, including automated and active-adversary breaches, ransomware, malware, exploits, data exfiltration, phishing, and more. The award-winning Sophos Central cloud-based platform integrates Sophos' entire portfolio of best-of-breed products, from the Intercept X endpoint solution to the XG Firewall, into a single system called Synchronized Security. Sophos products are exclusively available through a global channel of more than 53,000 partners and Managed Service Providers (MSPs). Sophos also makes its innovative commercial technologies available to consumers via Sophos Home . CEO starburst Starburst is the analytics engine for all your data. We provide the fastest, most efficient analytics engine for your data warehouse, data lake, or data mesh. We unlock the value of distributed data by making it fast and easy to access, no matter where it lives. Starburst queries data across any database, making it instantly actionable for data-driven organizations. With Starburst, teams can lower the total cost of their infrastructure and analytics investments, prevent vendor lock-in, and use the existing tools that work for their business. Trusted by companies like Comcast, FINRA, and Condé Nast, Starburst helps companies make better decisions faster on all data. CEO telestream Telestream provides digital video tools and workflow solutions that allow consumers and businesses to transform video on the desktop and across the enterprise. Many of the world’s best-known media and entertainment companies as well as users in a broad range of other business environments, rely on Telestream products. These products span the entire digital media lifecycle, including video capture and ingest; live and on-demand encoding and transcoding; playout, delivery and live streaming; and management and automation of the entire video workflow. In early 2015, Telestream was sold to Genstar Capital. During Thoma Bravo’s three years of ownership, the company strategically added to its products and services by acquiring companies like captioning leader CPC Computer Prompting & Captioning Co. and launching products like Post Producer, TrafficManager, Switch and Vantage Cloud, and bolstered its executive and sales teams to drive further growth. “Our partnership with Thoma Bravo has been very successful,” said Telestream’s president and CEO. “Their thoughtful strategy and operating expertise has allowed us to position the company for further success, and we’re excited about our next phase of growth.” FOUNDED travelclick TravelClick provides innovative, revenue‐generating, cloud‐based solutions for the global hospitality industry. TravelClick’s solutions for hotels around the globe increase revenue, reduce cost, improve performance and create a stronger brand. The company’s suite of products and services includes: reservations solutions, business intelligence solutions, media solutions, web solutions and guest management, all designed to integrate seamlessly with one another to comprehensively address the needs of hotel operators. Thoma Bravo acquired the company in 2014 from another private equity firm and helped the company add key new management positions, execute strategic add-on acquisitions, and make changes in how its products were marketed. We also invested in updating and enhancing the functionality of a core product. TravelClick was sold in late 2018 to Amadeus IT Group SA, a major publicly traded Spanish provider of software for the global travel and tourism industry. FOUNDED tripwire Tripwire provides automated compliance and security management solutions to enterprises and governments worldwide. The company’s solutions enable customers to secure highly sensitive data within their IT environments by detecting malicious changes made to hardware and software systems housing the data and remediating the change to ensure IT compliance is maintained. Thousands of customers in 85 countries, including  US government agencies and many of the world’s largest companies, rely on Tripwire daily. Thoma Bravo acquired Tripwire in 2011; subsequently, Tripwire’s revenues increased 70%, profitability improved by 400%, the  company’s market share increased, and it solidified its global leadership position in cybersecurity. In 2015, Tripwire was sold to Belden Inc. (NYSE: BDC) for $710 million in cash. Jim Johnson, Tripwire president and CEO, noted: “Tripwire has been able to strengthen and expand our product portfolio with Thoma Bravo’s assistance, leading to more value for our customers and positioning the company for the next stage of growth with Belden. We are very appreciative of Thoma Bravo’s insight over the last several years.” DATE FOUNDED usertesting UserTesting has fundamentally changed the way organizations get insights from customers with fast, opt-in feedback and experience capture technology. The UserTesting® Human Insight Platform taps into our global network of real people and generates video-based recorded experiences, so anyone in an organization can directly ask questions, hear what users say, see what they mean, and understand what it’s actually like to be a customer. Unlike approaches that track user behavior then try to infer what that behavior means, UserTesting reduces guesswork and brings customer experience data to life with human insight. UserTesting has more than 2,500 customers, including more than half of the world’s top 100 most valuable brands according to Forbes. UserTesting is headquartered in San Francisco, California. CEO userzoom UserZoom is the leading Digital User Experience Insights System. Its all-in-one platform, participant recruitment engine and professional services provide the in-depth quantitative and qualitative insights essential to testing, measuring and improving digital product experiences at speed and scale throughout the product development lifecycle. UserZoom helps businesses connect insights to their most important performance metrics, so they can make confident, customer-focused decisions that drive growth and deliver competitive advantage. With operations in North America and Europe, the company helps global brands such as Google, Oracle, Aetna, Santander, Kimberly-Clark, and half of the Fortune 100 raise the bar for an outstanding digital experience. FOUNDED venafi Venafi is the cybersecurity market leader in and the inventor of machine identity management, securing machine-to-machine connections and communications. Venafi protects machine identity types by orchestrating cryptographic keys and digital certificates for SSL/TLS, SSH, code signing, mobile and IoT. Venafi provides global visibility of machine identities and the risks associated with them for the extended enterprise—on premises, mobile, virtual, cloud and IoT—at machine speed and scale. Venafi puts this intelligence into action with automated remediation that reduces the security and availability risks connected with weak or compromised machine identities while safeguarding the flow of information to trusted machines and preventing communication with machines that are not trusted. With more than 30 patents, Venafi delivers innovative solutions for the world's most demanding, security-conscious Global 5000 organizations and government agencies. CEO veriforce Veriforce®, created by the merger of Veriforce and PEC in early 2019, is a leading provider of supply chain risk management and compliance solutions. The company’s modern SaaS platform, industry-standard training programs and content, and an accredited network of safety trainers and evaluators deliver the industry’s most comprehensive and effective solution. Enterprise clients depend on Veriforce to identify and mitigate risk within their contractor base at the company and individual worker level to ensure safe and efficient worksites. The company boasts the world’s most extensive safety and compliance network in the world, comprised of over 350 hiring clients, 25 thousand contractor companies, 11 thousand accredited trainers and evaluators, and 2 million individual workers. CEO vision-solutions Vision Solutions is a premier provider of high availability, disaster recovery and protection, and migration solutions for multiple platforms, including Windows, Linux, IBM’s System i, AIX and Cloud. The firm’s product portfolio delivers near-zero downtime data migrations, shares data in real-time across platforms, and moves, protects and restores data, applications and operating systems of any kind on any combination of physical, virtual or cloud servers. Thoma Bravo acquired the business in 2006 by completing a take-private transaction on the Johannesburg, South Africa, Stock Exchange and immediately began an industry consolidation strategy that resulted in the acquisition of two of the largest companies in the market (iTera and Lakeview Technologies), followed by the take-private acquisition of Double-Take Software, Inc. This greatly strengthened Visions market position, broadened its platform and created the largest provider of cross platform high availability software. After almost ten years of growth Vision was sold to another private equity firm. FOUNDED vivian Vivian Health is the leading healthcare jobs marketplace that serves healthcare professionals first. Vivian Health empowers a broad range of healthcare professionals to find jobs they love across many types of healthcare work, including permanent roles, per-diem shifts, local contracts, and travel positions. Built on intelligent matching, transparent information, and the widest selection of job opportunities, Vivian Health offers healthcare job seekers an unrivaled solution for finding their next role. For employers, Vivian Health helps fill roles 50% faster than traditional recruiting practices and at a fraction of the cost, saving them millions of dollars, and helping alleviate labor shortages in healthcare. CEO