thoma bravo
If Sequoia, Paradigm and Thoma Bravo settle a new lawsuit, it could upend VC; here’s why
It was only a matter of time before frustrated customers of the fallen crypto exchange FTX went after its deep-pocketed venture backers. Indeed, the most surprising thing about a class-action lawsuit
Thoma Bravo agrees to acquire digital forensics firm Magnet Forensics for over $1B
Thoma Bravo, the private equity and growth capital firm, today announced that it would spend $1.8 billion CAD (~$1.34 billion) to acquire Magnet Forensics, a Waterloo-based company making software use
Thoma Bravo snags Coupa for $8B despite activist pressure to hold off for higher price
When news surfaced last week that activist investors were taking the unusual step of pressuring Coupa Software to not sell for less than $95 a share, it got our attention. You don’t normally see inv
Thoma Bravo adds record $32B in new capital to fuel buyout funds
There has been widespread speculation that investors are sitting on substantial amounts of money for investing in startups and for acquisitions, depending on the firm’s goals. Today, private equ
The UserTesting sale to private equity is bad news for unicorns
The lessons of UserTesting's sale to private equity are pretty simple and not great for yet-private unicorns.
Thoma Bravo, Sunstone Partners to acquire UserTesting for $1.3B and combine it with UserZoom
Thoma Bravo and Sunstone Partners announced today that they’re acquiring customer insight platform UserTesting for $1.3 billion in an all-cash deal. The acquirers say they plan to combine it with Us
Thoma Bravo buys third identity company this year with $2.3B ForgeRock acquisition
Thoma Bravo knows what it likes, and apparently it likes identity access management — a lot. Today the firm announced its intention to acquire ForgeRock for $2.3 billion, the third company it has pu
Stockholm’s EQT Growth closes $2.2B to fund scaling European startups like Vinted, Mambu and Epidemic Sound
The days of European startups relocating to the U.S. if they want to grow (and raise money to do so) have been receding in the rearview mirror for a while now, so much so that even in these leaner tim
Key issues you should consider before signing an international merger deal
By understanding the key issues in cross-border tech M&A, an international acquirer can close a successful transaction and achieve its commercial objectives in the United States.
Ping Identity CEO discusses his company’s long, strange startup trip
Ping Identity CEO Andre Durand sees another opportunity to continue growing the company under private equity ownership.
What does $2.8B buy you in today’s market?
The premium Thoma Bravo paid for Ping may look steep, but there is some logic to it.
Thoma Bravo picks up Ping Identity for $2.8B in an all-cash deal
After a tough few months in the markets for Ping Identity, the enterprise identity management company today announced a big move: private equity firm Thoma Bravo is buying the company and taking it pr
AppOmni raises $70M to find and secure vulnerabilities in SaaS app stacks
As more enterprises migrate apps and workloads into the cloud, so grows the need for more sophisticated tech to secure that activity. That’s resulted in a strong run of funding rounds for startu
Real-time database startup Imply reaches unicorn status with $100M infusion
The desire to extract value from enterprise data has only grown as the pandemic prompts organizations to digitize their operations. But organizations often lack the right set of tools to do so. Accord
Salesforce and Twitter are both lucky their purported $20B deal failed in 2016
What if history gone a bit differently and Salesforce had bought Twitter in 2016? We spoke to some analysts who cover the CRM industry to get their thoughts.
TechCrunch+ roundup: The Kindbody TC-1, Glossier’s mistakes, calculating startup runway
With a focus on education that addresses the fragmentation associated with infertility care, Kindbody is growing at a remarkable pace, but it's also helping many patients feel seen and heard for the f
Daily Crunch: FDA clears Fitbit algorithm that passively scans for signs of AFib
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Unpacking SailPoint’s $6.9B sale to private equity firm Thoma Bravo
To understand why SailPoint is selling and Thoma Bravo is buying, we'll need to peek into the company's results.
Thoma Bravo to take identity security company SailPoint private for $6.9B
Another day, another big private equity acquisition. It’s widely known that private equity firms are awash in cash these days and looking to direct it into acquisitions. Last month, Thoma Bravo
TechCrunch+ roundup: Startup survival tips, content as a service, leading with transparency
Once investors started shaving value from high-flying stocks, it changed the game for early-stage valuations, says Navin Chaddha, managing partner at Mayfield.