Flexera and Thoma Bravo Unite for Growth

Flexera, a leading provider of technology spend management, has joined forces with Thoma Bravo, a private equity firm, to accelerate growth and innovation.

Thoma Bravo invested in Flexera in 2016, and since then, the company has expanded its product offerings and customer base significantly.

This partnership has enabled Flexera to enhance its technology spend management solutions, providing customers with a more comprehensive and integrated platform.

Flexera's products have become increasingly popular among businesses, with its solutions being used by over 80% of the Fortune 100 companies.

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Flexera's acquisition by Thoma Bravo was announced in July 2021.

The deal was valued at $2.8 billion, with Flexera's shareholders receiving $8.00 per share.

Thoma Bravo acquired Flexera's entire business, including its software portfolio and operations.

The acquisition was completed in August 2021, marking a significant milestone for Flexera and Thoma Bravo.

Flexera's software portfolio includes products such as FlexNet, Flexera One, and Connect.

Thoma Bravo has a history of acquiring and growing software companies, with over 35 investments in the industry.

The acquisition of Flexera is expected to enhance Thoma Bravo's position in the software industry.

Thoma Bravo plans to continue investing in Flexera's software portfolio and operations.

A fresh viewpoint: Thoma Bravo Acquisition

Flexera's acquisition by Thoma Bravo has set the stage for exciting future developments.

The combined company plans to continue investing in its portfolio of products, including FlexNet, which has a global reach of over 100,000 customers.

With Thoma Bravo's support, Flexera aims to accelerate innovation and expand its offerings to meet the evolving needs of its customers.

Flexera has shown significant growth, earning a vote of confidence from its leadership. This growth is a result of strategic initiatives aimed at addressing the challenges faced by organizations today.

Flexera is rolling out Flexera One, a SaaS-based IT management solution designed for complex hybrid environments. With Flexera One, IT leaders can visualize their entire estate and make data-driven decisions from a single user interface.

Revenera, a division of Flexera, has posted amazing growth quarter after quarter. This growth is fueled by innovative solutions that help technology companies drive recurring revenue.

Revenera became the first vendor to successfully combine software usage analytics and monetization in a single platform. This achievement is a testament to the division's innovative approach.

Flexera's performance, including that of its Revenera division, has even brought back former investors at Thoma Bravo for a second time. This shows the confidence investors have in Flexera's future plans.

For your interest: Thoma Bravo Growth

Thoma Bravo is re-establishing a partnership with Flexera, a company they previously acquired a majority interest in 2008.

This partnership was made possible because Thoma Bravo already knows and trusts Flexera's management team, led by Jim. They've worked together for over a decade and have a deep understanding of each other's strengths and goals.

Thoma Bravo is excited to "get the band back together" and support Flexera's ambitious vision for sustained growth. They believe the company's management team has done a great job positioning Flexera for success.

Flexera One is a key solution that gives IT executives the ability to see and manage their assets seamlessly across on-premises, SaaS, and cloud. This is a significant step forward in addressing the complex IT infrastructure challenges that enterprises face.

The partnership is also driven by Thoma Bravo's confidence in Flexera's Revenera division, which is extremely successful at recognizing and delivering what technology companies need to understand and monetize usage.

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