Thoma Bravo Stories

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Thoma Bravo stories

Azul momentum surges as enterprise Java demand jumps

Enterprise buyers are turning to Azul to cut Java costs and risks, with finance, healthcare and telecoms driving a 43% bookings rise.

By Joseph Gabriel Lagonsin • 4 min read • Last month

Digital Transformation

Conga acquires PROS B2B arm to boost pricing platform

Conga buys PROS' B2B software unit, fusing AI-driven pricing with quoting and contract tools for over 10,000 enterprise customers.

By Karen Joy Bacudo • 3 min read • Thu, 5th Feb 2026

Hybrid Cloud

Azul buys Payara to build unified open-source Java stack

Azul acquires UK-based Payara to build a unified open-source Java stack and push deeper into enterprise runtimes and application servers.

By Mark Tarre • 4 min read • Tue, 6th Jan 2026

DevOps

Imply warns rising observability costs cut visibility

Imply warns soaring observability costs are forcing enterprises to cut log retention, leaving IT teams with blind spots during incidents.

By Catherine Knowles • 4 min read • Fri, 19th Dec 2025

Hybrid Cloud

Thoma Bravo backs Azul to accelerate global Java platform growth

Private equity firm Thoma Bravo takes majority stake in Azul to boost its enterprise Java platform and global market expansion, with existing investors reinvesting.

By Sean Mitchell • 3 min read • Thu, 20th Nov 2025

Hybrid Cloud

Azul gains Thoma Bravo backing to boost Java cloud solutions

Azul secures majority investment from Thoma Bravo to boost Java cloud solutions and expand its global enterprise presence.

By Sean Mitchell • 2 min read • Wed, 19th Nov 2025

Data Analytics

Thoma Bravo buys Verint for USD $2 billion in major CX platform push

Thoma Bravo to acquire Verint for USD $2 billion, merging it with Calabrio to create a leading AI-driven customer experience platform.

By Kaleah Salmon • 4 min read • Tue, 26th Aug 2025

Firewalls

Sophos acquires Secureworks for USD $859 million

Sophos has acquired Secureworks for USD $859 million, solidifying its position as a top cybersecurity provider with enhanced comprehensive services.

By Sean Mitchell • 3 min read • Thu, 6th Feb 2025

Customer Experience

Mark Bishof appointed new CEO of Medallia

Mark Bishof has been appointed Chairman and Chief Executive Officer at Medallia, signalling a major leadership shift at the software firm backed by Thoma Bravo.

By Imee Dequito • 3 min read • Wed, 8th Jan 2025

Security Information and Event Management

Exabeam, LogRhythm merge to form AI-driven security giant

Exabeam and LogRhythm merge to form an AI-driven cybersecurity powerhouse, bolstering security and enhancing threat detection capabilities.

By Shannon Williams • 4 min read • Thu, 25th Jul 2024

Security Information and Event Management

Exabeam & LogRhythm merge to form AI-driven security giant

Exabeam and LogRhythm complete merger to create an AI-driven security operations platform, led by CEO Christopher O'Malley.

By Shannon Williams • 3 min read • Thu, 18th Jul 2024

Software-as-a-Service

CyberArk to acquire Venafi for $1.54 billion in major deal

CyberArk will acquire Venafi for $1.54B, aiming to enhance its machine identity security platform and expand its market.

By Sean Mitchell • 2 min read • Tue, 21st May 2024

Firewalls

Sophos announces new CEO Joe Levy & CFO Jim Dildine

Sophos appoints Joe Levy as CEO, solidifying leadership with Jim Dildine as CFO, aiming to fortify midmarket cybersecurity and drive global growth.

By Imee Dequito • 3 min read • Tue, 21st May 2024

Quantum Computing

DigiCert recruits seasoned CMO Atri Chatterjee in quest for $1bn revenue

Digital trust leader DigiCert bolsters executive leadership with new CMO Atri Chatterjee, adding to its ambitious drive to reach over $1bn in annual recurring revenue.

By Imee Dequito • 2 min read • Mon, 29th Apr 2024

Quantum Computing

Patrick Dennis named as new CEO of machine identity firm Venafi

Patrick Dennis has been appointed as the new CEO of machine identity management pioneers, Venafi, following the company's 150% YoY SaaS business growth. Dennis will steer Venafi's course in the AI and quantum computing era.

By Sean Mitchell • 3 min read • Wed, 17th Jan 2024