Private Market View

Thoma Bravo

PE / buyout · United States, Illinois · Founded 1980

AUM
$181.0B
Portfolio companies
18
Recorded deals
250
33 in last 12M
Last investment
Feb 2026

Key facts

  • Thoma Bravo is a private equity firm based in United States, Illinois with 18 tracked portfolio companies.
  • Notable positions include Proofpoint, Anaplan, J.D. Power and Associates, FalconX, Anchorage Digital.
  • Private Market View records 250 deal participations by Thoma Bravo.
  • Thoma Bravo’s most recent recorded investment was in Feb 2026, one of 33 in the last 12 months and 90 over two years.
  • Thoma Bravo has 95 funds on record, raising $241.7B across the 51 that report a size.
  • The team roster lists 154 people.

About Thoma Bravo

Founded in 1980, Thoma Bravo is a private equity firm based in Chicago, Illinois. The firm prefers to invest in companies operating in the technology and software sectors based in the United States region. This firm is a Registered Investment Adviser (RIA).

Stages
Buyout/LBODebt - GeneralPE Growth/Expansion
Sectors
Commercial ServicesSoftwareGeographic PreferenceUnited StatesPreferred Deal TypesBuyout/LBODebt - GeneralPE Growth/ExpansionOther Investment PreferencesPrefers majority stakePrefers minority stakeSeeks ESG investmentsWill syndicate

Registered with the SEC

Form ADV · 2026-03 · CRD 157041
Regulatory AUM
$24.4B
Private fund assets
$182.9B
Private funds
151 · 146 private equity, 5 hedge
Staff
246
Registered office
CHICAGO, IL
SEC status
Approved

Reports custody of client assets.

Source: SEC Investment Adviser Public Disclosure, Form ADV (registered as THOMA BRAVO, L.P.).

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  • ·The book's top 25 — of 18 recorded positions
  • ·Every recorded deal — 250 rounds
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Portfolio, priced

18 companies · by our current valuations
CompanyValuationRole
Proofpoint$12.3B
Anaplan$10.4B
J.D. Power and Associates$8.0B
FalconX$8.0B
Anchorage Digital$4.2B
Flexera Software$3.5B
Starburst$3.4B
Qlik Technologies$3.0B
Illumio$3.0B
Pendo$2.6B
Mews$2.5B
TRM Labs$1.0B
Trading Technologies International$835.0M
Applitools$250.0M
Solifi$55.0M
+ 3 more companies · a free account shows the top of the book

Recent deals

250 recorded
Feb 2026AcuvityBuyout/LBO (Add-on)†
Feb 2026Arco CyberBuyout/LBO (Add-on)†
Feb 2026TRM LabsLater Stage VC (Series C)$70.0M
Jan 2026MewsLater Stage VC (Series D)$290.0M
Jan 2026ZofiqBuyout/LBO (Add-on)†
Jan 2026StrongDMBuyout/LBO (Add-on)†
Jan 2026Vitech Systems GroupBuyout/LBO (Secondary)†

Working numbers

the prospecting layer
Typical check
Check sizes, follow-on behavior, holding periods — what a pitch needs. Pro.Unlock working numbers

Funds

6 of 95 recorded
  • THOMA BRAVO EMPLOYEE FUND II, L.P.2025
  • Thoma Bravo Credit Fund Q-1, L.P.2024
  • THOMA BRAVO DISCOVER EXECUTIVE FUND V-P, L.P.2024
  • THOMA BRAVO DISCOVER EXECUTIVE FUND V, L.P.2024
  • THOMA BRAVO EXECUTIVE FUND XVI, L.P.2024
  • THOMA BRAVO EXECUTIVE FUND XVI-P, L.P.2024

$241.7B raised across the 51 funds that report a size

All 95 funds →
Team
154 people on record — 154 with verified contacts

Partners, principals, and the people who answer a pitch. Pro members reveal contacts with credits.

See the team →

Frequently asked

What companies does Thoma Bravo invest in?
Thoma Bravo has 18 recorded portfolio companies, including Proofpoint, Anaplan, J.D. Power and Associates, FalconX.
What is Thoma Bravo's AUM?
Thoma Bravo manages approximately $181.0B in assets.
Is Thoma Bravo actively investing?
Thoma Bravo's most recent recorded investment was in Feb 2026, with 33 investments in the last 12 months.