Tag Archives: Thoma Bravo

Nintex Adds Robotic Process Automation Platform With EnableSoft Buy

Workflow management software company Nintex has acquired EnableSoft for an undisclosed amount in a push to help clients automate and manage business processes with the latter company’s robotic process automation technology. Nintex said Monday it wants to offer the Foxtrot RPA platform across industries and the government. Foxtrot is designed …

Read More »

Deltek to Purchase Onvia for $70M Cash

Deltek has agreed to acquire public-sector market intelligence provider Onvia (Nasdaq: ONVI) for approximately $70 million in cash, or $9.00 per share. Both companies expect to complete their combination in the fourth quarter of 2017 and Deltek said Thursday the deal will expand the firm’s GovWin IQ information product offerings for government contractors. The transaction price …

Read More »

McAfee Relaunches as Independent Security Company

McAfee has officially launched as a stand-alone cybersecurity firm after Intel (Nasdaq: INTC) completed the spinoff of the latter’s security business through an approximately $4.2 billion deal with private equity firm TPG. Chris Young, a senior vice president and general manager at Intel, will serve as CEO of McAfee and Bryan Taylor, a partner …

Read More »

Roper Technologies Completes $2.8B Deltek Buy

Sarasota, Florida-based industrial and technology conglomerate Roper Technologies  (NYSE: ROP) has wrapped up its acquisition of Deltek for $2.8 billion. Roper completed the transaction three weeks after it agreed to purchase Deltek from private equity firm Thoma Bravo. Roper said Wednesday it funded the deal with cash on hand, funds under its credit facility …

Read More »

Weekly Roundup December 5 – December 9, 2016: Vectrus Brings Aboard New CEO & more

December 5 – December 9, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson GovCon industry leaders and observers welcomed Vectrus to the government services landscape in the autumn of 2014 and this week marks the beginning of a new era for …

Read More »

Roper Technologies to Purchase Deltek for $2.8B

‎Sarasota, Fla.-based industrial and technology conglomerate Roper Technologies (NYSE: ROP) has agreed to purchase software and information product provider Deltek for $2.8 billion from private equity firm Thoma Bravo. Roper said Tuesday it expects to complete the transaction before the year’s end and will fund the deal through its existing …

Read More »

Reuters: 3 Private Equity Firms Vie for Dell’s Quest Software, SonicWall Assets

KKR & Co. (NYSE: KKR),  Vista Equity Partners Management and Thoma Bravo have submitted bids to acquire $4 billion in Dell assets that offer information technology management and email encryption services, Reuters reported Tuesday. Liana Baker and Greg Roumeliotis write the potential sale of Dell’s Quest Software and SonicWall could help Dell reduce the debt it …

Read More »

Justice Dept, FTC Clear Thoma Bravo’s $4B SolarWinds Purchase

The Justice Department and Federal Trade Commission have given antitrust clearance to Silver Lake and Thoma Bravo for the private equity firms’ $4.5 billion acquisition of information technology company SolarWinds (NYSE: SWI). Both agencies gave their notice Friday to end the required 30-day waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of …

Read More »

Silver Lake-Thoma Bravo Alliance to Buy SolarWinds for $4.5B Cash

A partnership of private equity firms Silver Lake and Thoma Bravo has agreed to acquire Austin, Texas-based information technology management software company SolarWinds (NYSE: SWI) for an estimated $4.5 billion in cash, or $60.10 per share. SolarWinds said Wednesday Silver Lake and Thoma Bravo expect to close the acquisition in the first quarter of 2016, …

Read More »