Milana Vinn
The firm has tapped William Blair to advise on a potential sale of Ministry Brands, which encompasses 31 different software and payments brands tailored to faith-based organizations.
Raymond James will provide financial advice on the process, which is expected to launch within the next month.
The Chicago PE firm invested in CyberGrants in June 2015 in partnership with Mark Layden, a seasoned software executive who assumed the CEO position as part of the deal.
Absolute Software, a publicly-traded provider of endpoint-centric security solutions, is set to buy NetMotion for $340m in cash, a Wednesday announcement revealed.
The firm on Wednesday announced that it had completed a majority recapitalization of the provider of test and certification services for digital connectivity and charging technologies.
Boomi reflects a new trend of 'growth buyouts,' where traditional late-stage investors are prioritizing businesses with strong growth profiles over high margins in the near term.
A bicoastal strategy was natural for Thoma Bravo and covid allowed the firm to accelerate that – settling on Miami as the perfect choice to foster more tech innovation.
The firm hired William Blair to provide financial advice on the process, which is expected to kick off soon.
The Moelis-run process kicks off approximately five years into Long Ridge's investment.
The roughly $700bn to $800bn in SPAC mergers expected over the next two years suggests elevated valuations will be sustained, according to EY.