In 2015, Mergers & Acquisitions magazine published an article on Thoma Bravo’s commitment to investing in companies that leveraged the cloud. At the time, it was backing 25 such companies.
“With most companies now looking to transition at least some of their service to the web, strategic acquirers and private equity firms want in on the action,” the article states. “As strategic acquirers look to migrate to the cloud, they are gobbling up companies that can help them make the transition.”
Fast forward to 2021, and Thoma Bravo’s commitment to the cloud has only intensified. One recent example: in March, the venerable private equity investor acquired data integration specialist Talend for $2.4 billion.
Thoma Bravo isn’t alone in its love of all things cloud.
When the pandemic hastened the need for digital transformation, private equity firms realized the value in acquiring solutions to assist with end-to-end cloud automation. With oodles of money in their coffers, they have gone on a tear.