Thoma Bravo

PE / buyout · United States, Illinois · Founded 1980

Founded in 1980, Thoma Bravo is a private equity firm based in Chicago, Illinois. 18 portfolio companies, 250 recorded rounds and 95 funds are on record.

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

Thoma Bravo key facts

  • Thoma Bravo is a private equity firm based in United States, Illinois with 18 tracked portfolio companies.
  • Notable positions include Proofpoint, Anaplan, FalconX.
  • PrivateMarketView 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
Geographies
United States

Investment focus

Thoma Bravo invests at the buyout/lbo, debt - general and pe growth/expansion stages, with a focus on Commercial Services, SoftwareGeographic PreferenceUnited StatesPreferred Deal TypesBuyout/LBO, Debt - General, PE Growth/ExpansionOther Investment PreferencesPrefers majority stake, Prefers minority stake and Seeks ESG investments, across the United States.

Its SEC Form ADV lists $24.4 billion in regulatory assets under management across 151 private funds (Mar 2026).

Investment activity

Thoma Bravo joined 84 recorded rounds in the last two years (26 in the last 12 months), in line with the 76 in the two years before. By year: 10 in 2026, 64 in 2025 and 45 in 2024. Across all 250 recorded rounds, 26 were later-stage, 3 were early-stage and 2 were secondary. Most recently: Acuvity (buyout/lbo (add on)† round, Feb 2026) and Arco Cyber (buyout/lbo (add on)† round, Feb 2026).

Thoma Bravo portfolio at a glance

18 portfolio companies are on record for Thoma Bravo, including Proofpoint, Anaplan and FalconX. The book leans Business/Productivity Software (5), Financial Software (3) and Network Management Software (2).

16 of the 18 carry a recorded valuation and 1 have recorded secondary-market trades, the names a secondary buyer or seller can price.

Thoma Bravo funds

95 funds are on record for Thoma Bravo, totalling $242 billion across the 51 that report a size. The most recent is THOMA BRAVO EMPLOYEE FUND II, L.P. (2025 vintage).

Thoma Bravo team

154 people are on record at Thoma Bravo: 38 associates, 19 partners, 17 principals, 17 managing partners and 63 others. Senior names include Amy Coleman Redenbaugh (Chief Financial Officer), Amy L. Coleman Redenbaugh (Chief Financial Officer) and Carl Thoma (Co-Founder). 154 of them have a verified direct contact on file.

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Thoma Bravo at 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 10 latest deals — of 250 rounds
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Portfolio

18 companies · priced for members
CompanyValuationRole
Proofpoint▮▮
Anaplan▮▮
FalconX▮▮
+ 15 more companies · all 18, priced and dated
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Thoma Bravo recent deals

250 recorded
Feb 2026AcuvityBuyout/LBO (Add-on)†▮
Feb 2026Arco CyberBuyout/LBO (Add-on)†▮
+ 247 more deals · amounts and lead flags are a member featureUnlock all 250 deals

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Thoma Bravo working numbers

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

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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.

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Frequently asked about Thoma Bravo

What companies does Thoma Bravo invest in?
Thoma Bravo has 18 recorded portfolio companies, including Proofpoint, Anaplan, 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.