Thoma Bravo's Behind the Deal - podcast cover

Thoma Bravo's Behind the Deal

Thoma Bravo
Thoma Bravo’s Behind the Deal podcast takes you behind the scenes of one of the largest software investors in the world. You'll hear the strategies and stories behind building Thoma Bravo’s portfolio of innovative, industry-leading software and technology companies. Presented by Orlando Bravo, “Wall Street’s best dealmaker” (Forbes), each episode offers a first-person account from the deal leads and CEOs that forged some of the largest software acquisitions at Thoma Bravo to date, and how they partnered together to innovate and grow those companies. Go ‘behind the deal’ to learn how these deals came together, gaining insight on how Thoma Bravo helps great companies do even greater things. Head to www.thomabravo.com/behindthedeal for information on the podcast, show notes, and more. Head to https://survey3.medallia.com/?podcast&version=GA to fill out our short survey.
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Episodes

Beyond the Foundation Software Partnership with Carl Press and Mike Ode

In this Beyond the Deal mini-sode, Thoma Bravo Partner Carl Press sits down with Foundation Software President and CEO Mike Ode to talk about mentorship, the importance of asking questions, and how some of the best deals get done at times when you least expect it. For more information on Thoma Bravo's Behind the Deal, visit https://www.thomabravo.com/behindthedeal Learn more about Thoma Bravo: https://www.thomabravo.com/ Visit Foundation Software's website: https://www.foundationsoft.com/ To lea...

Mar 07, 202410 min

How Thoma Bravo Took Foundation Software From a Family-Run Business to Private Equity-Owned

Thoma Bravo Partner Carl Press takes listeners behind the deal with Foundation Software, a leader in the world of construction subcontracting software. Family-owned and operated for over thirty years, Foundation decided to partner with Thoma Bravo in 2020 after many offers from investor groups, becoming the firm’s first fully remote deal. Carl is joined by Foundation Software President and CEO Mike Ode to talk about partnering with private equity, the construction industry’s digital transformati...

Feb 29, 202435 minSeason 4Ep. 9

Beyond the Raptor Technologies Partnership with Adam Solomon and Gray Hall

In this Beyond the Deal mini-sode, Thoma Bravo partner Adam Solomon sits down with Raptor CEO Gray Hall to talk about the most rewarding parts of being a CEO, how to craft a leadership style employees (and customers) will want to follow, and the personal side of running a business that keeps kids safe at school. For more information on Thoma Bravo's Behind the Deal, visit https://www.thomabravo.com/behindthedeal Learn more about Thoma Bravo: https://www.thomabravo.com/ Visit Raptor’s website: ht...

Feb 22, 20248 min

How Raptor Technologies Transforms School Safety Through Software

Thoma Bravo Partner Adam Solomon walks listeners through the challenges of landing a transatlantic deal with Raptor Technologies, a cutting-edge school safety software company, at a time when schools were shut down all over the world due to COVID. Adam is joined by Raptor CEO Gray Hall, and together they discuss the importance of alignment on company culture, organic vs. inorganic growth, and the power of supercharging results with a mission-driven approach. For more information on Thoma Bravo's...

Feb 15, 202437 minSeason 2Ep. 8

Beyond the Nasdaq Partnership with Holden Spaht and Adena Friedman

In this Beyond the Deal mini-sode, Nasdaq Chair and CEO Adena Friedman and Thoma Bravo Managing Partner and Nasdaq Board Member Holden Spaht discuss Adena’s thirty-year career at Nasdaq, how changing jobs can develop your management style, and how you can literally look for luck in the world around you. For more information on Thoma Bravo's Behind the Deal, visit https://www.thomabravo.com/behindthedeal Learn more about Thoma Bravo: https://www.thomabravo.com/ Visit Nasdaq’s website: https://www...

Feb 08, 20247 min

How Nasdaq's Acquisition of Adenza is Disrupting Fintech and Modernizing Markets

Thoma Bravo Managing Partner Holden Spaht and Nasdaq's Chair and CEO Adena Friedman take listeners behind Nasdaq’s multi-billion dollar acquisition of Adenza, a provider of mission-critical risk management and regulatory software to the financial services industry. Holden shares Thoma Bravo's approach to building Adenza by merging and integrating two market leaders, Calypso Technology and AxiomSL, at the height of the pandemic. Holden and Adena also discuss how the acquisition of Adenza is posit...

Feb 01, 202442 minSeason 2Ep. 7

Beyond the Dynatrace Partnership with Chip Virnig and John Van Siclen

In this Beyond the Deal mini-sode, Thoma Bravo Partner Chip Virnig and former CEO of Dynatrace John Van Siclen talk about some of the more rewarding challenges they’ve faced, the long steady process of learning patience, the excitement that comes with an IPO, and how to know when it’s time to step away. For more information on Thoma Bravo's Behind the Deal, visit https://www.thomabravo.com/behindthedeal Learn more about Thoma Bravo: https://www.thomabravo.com/ Visit Dynatrace’s website: https://...

Jan 25, 20248 min

How a Complex Carveout Led to Dynatrace Disrupting Itself and Then an Entire Industry

Thoma Bravo Partner Chip Virnig goes behind the deal with Dynatrace: how it started, the complexities of the transaction, and the areas of value creation the Thoma Bravo team focused on throughout the partnership. From the initial carve-out to an IPO that saw Thoma Bravo’s team ringing the bell at the New York Stock Exchange, the Dynatrace deal was never easy. Joining Chip in the studio, former Dynatrace CEO John Van Siclen gives his perspective on the growth in enterprise software as a 40-year ...

Jan 18, 202444 minSeason 2Ep. 6

Beyond the Alma Deal with Ross Devor and Dr. Harry Ritter

In this Beyond the Deal mini-sode, Thoma Bravo Partner Ross Devor and Alma founder and CEO Dr. Harry Ritter discuss the glaring need for quality, affordable mental healthcare, learning to enjoy the journey while building a business, and the pros and cons of being a “renaissance man.” For more information on Thoma Bravo's Behind the Deal, visit https://www.thomabravo.com/behindthedeal Learn more about Thoma Bravo: https://www.thomabravo.com/ Visit Alma’s website: https://www.helloalma.com/ To lea...

Jan 11, 20247 min

How Thoma Bravo Partnered with Alma to Provide Accessible Mental Health Care Solutions Across the U.S.

Ross Devor, a partner at Thoma Bravo and co-head of the firm's Growth platform, discusses collaborating with Alma's management team to improve their technology roadmap and connect their platform with therapists across all fifty states. Despite a market meltdown, Thoma Bravo saw an exciting opportunity to be a part of behavioral health care’s digital transformation and to guide Alma on crossing the path to profitability. Alma is a platform that improves access to quality, affordable mental health...

Jan 04, 202447 minSeason 2Ep. 5

Beyond the Flexera Partnership with Seth Boro and Jim Ryan

In this Beyond the Deal mini-sode, Thoma Bravo Managing Partner Seth Boro and Flexera President and CEO Jim Ryan discuss stepping into the big role as chief executive, share memories from one of their beloved mentors, and deliberate about what they would’ve done if technology wasn’t their calling. For more information on Thoma Bravo's Behind the Deal, visit https://www.thomabravo.com/behindthedeal Learn more about Thoma Bravo: https://www.thomabravo.com/ Visit Flexera's website: https://www.flex...

Dec 21, 20237 min

How the Flexera Carve-Out Revolutionized IT Management

Thoma Bravo Managing Partner Seth Boro gives an inside look at how the firm can hit the ground running after a platform carve-out investment. Thoma Bravo helped build out Flexera back in 2008, exited in 2011, and is now back for more with a controlling stake as of 2020. Flexera is a company that provides customers with the ability to map their IT spend to better optimize their IT estate. In this episode, Thoma Bravo Managing Partner Seth Boro sits down with Flexera CEO Jim Ryan to talk through t...

Dec 14, 202337 minSeason 2Ep. 4

Beyond the ConnectWise Transformation with Mike Hoffmann and Jason Magee

In this Beyond the Deal mini-sode, Thoma Bravo Partner Mike Hoffmann and ConnectWise CEO Jason Magee sit down, and go beyond their business partnership. They chat about their top business role models, their first jobs, and what they’re reading. For more information on Thoma Bravo's Behind the Deal, visit https://www.thomabravo.com/behindthedeal Learn more about Thoma Bravo: https://www.thomabravo.com/ Visit ConnectWise's website: https://www.connectwise.com/ To learn more about listener data and...

Dec 07, 20238 min

How Thoma Bravo Partnered with Founder-Led ConnectWise to Transform the MSP Industry

ConnectWise is an industry-leading robust platform of software built for technology solutions providers (TSPs) to run their entire as-a-service business. Their solutions help managed service providers (MSPs) outsource their help desk, billing, and other IT services to small and medium-sized businesses so that they can focus on their products, not IT problems. Thoma Bravo Partner Mike Hoffmann sits down with ConnectWise CEO Jason Magee to discuss their partnership and the importance of a shared v...

Nov 30, 202338 minSeason 2Ep. 3

Beyond the J.D. Power Transformation, with Scott Crabill and David Habiger

In this Beyond the Deal mini-sode, Thoma Bravo Managing Partner Scott Crabill and J.D. Power President and CEO David Habiger’s conversation goes deeper than just their business partnership. The two give insight into their career paths, what failure has taught them, and where they might be today if they weren’t in business together. For more information on Thoma Bravo's Behind the Deal, visit https://www.thomabravo.com/behindthedeal Learn more about Thoma Bravo: https://www.thomabravo.com/ Visit ...

Nov 22, 20237 min

How J.D. Power Uses Data to Drive the Auto Industry Forward

J.D. Power has nearly 80% name recognition for its awards, but its data business is the real hidden gem. In this episode, Thoma Bravo Managing Partner Scott Crabill sits down with J.D. Power’s CEO David Habiger to discuss how the company is bringing together the fragmented auto industry, and how Thoma Bravo has partnered with J.D. Power on acquisition strategy, merging two world-class companies, and flattening organizational structure. The conversation then broadens to include what it was like t...

Nov 16, 202340 minSeason 2Ep. 2

Beyond the Syntellis Carve Out, with A.J. Rohde and Flint Brenton

In this Beyond the Deal mini-sode, Thoma Bravo Senior Partner A.J. Rohde and Syntellis CEO Flint Brenton’s conversation continues outside the bounds of their partnership. The two discuss tough customer calls, their favorite software sectors, and who they’re rooting for this season in the NBA. For more information on Thoma Bravo's Behind the Deal, visit https://www.thomabravo.com/behindthedeal Learn more about Thoma Bravo: https://www.thomabravo.com/ Visit Syntellis's website: https://www.syntell...

Nov 09, 20236 min

Behind the Deal is Back for Season 2

For even more inside looks at some of the firm’s biggest deals, Thoma Bravo’s Behind the Deal returns for Season 2. This season, Thoma Bravo partners will sit down with portfolio company CEOs from acquisitions like J.D. Power, ConnectWise, and Syntellis to give a behind the scenes look at some of the carve outs, acquisitions and mergers that have helped make Thoma Bravo the world’s largest tech-buyout firm. To learn more about listener data and our privacy practices visit: https://www.audacyinc....

Nov 02, 20232 min

How Syntellis Grew from a Software Carveout to a Successful Standalone Company

In the Season Two premiere, a behind-the-scenes journey with Thoma Bravo Senior Partner A.J. Rohde to discuss our deal to acquire and carve out Syntellis, a performance management software business, from its parent company, Kaufman Hall Software. By partnering with Madison Dearborn, Thoma Bravo crafted a strategic business plan to carve out Syntellis into a standalone company. A.J. speaks with Syntellis CEO Flint Brenton, a five-time successful software CEO, about how Flint ultimately became the...

Nov 02, 202338 minSeason 2Ep. 1

How Orlando Bravo Helped Build the World’s Largest Software Buyout Firm

In the Season One finale of Thoma Bravo’s Behind The Deal, Thoma Bravo Partner Andrew Almeida connects with Thoma Bravo Founder and Managing Partner Orlando Bravo who shares his stories of success and trial and error in building Thoma Bravo. In the interview, Andrew helps listeners get to know Orlando beyond the dealmaking, as he shares inspiring stories about his mentors Carl Thoma and Marcel Bernard, tactics for staying positive and pragmatic in the face of problems, and how he applies the les...

Jul 13, 202337 minSeason 1Ep. 10

How AppOmni Seized the SaaS Security Market Opportunity

AppOmni is a leader in securing SaaS applications. In this episode, Thoma Bravo Partner Tre Sayle talks with AppOmni Co-founder and CEO Brendan O’Connor about how AppOmni has tripled in size in the year since their partnership with the Thoma Bravo Growth team began. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Jun 29, 202330 minSeason 1Ep. 9

How a Merger Helped Veriforce Grow to Five Times Its Size

Veriforce is a global provider of contract management software for industrial markets. In this episode, Thoma Bravo Partner Hudson Smith speaks with Veriforce CEO Colby Lane about how Veriforce expanded to almost five times its original size in under five years by an acquisition process that brought Veriforce together with PEC Safety. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcast...

Jun 15, 202328 minSeason 1Ep. 8

How Circle CVI - a Niche Category Leader in Healthcare - Has Grown with Private Equity

Circle CVI is the global leader in cardiac imaging solutions used by some of the world’s leading hospitals and physicians. In this episode, Thoma Bravo Partner Carl Press speaks with Co-Founder and CEO Greg Ogrodnick about how Thoma Bravo backed Circle CVI, a category leader in a small but very growing category of healthcare, and how their one year partnership has flourished as a result. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy L...

Jun 01, 202332 minSeason 1Ep. 7

How Quorum Overcame Adversity Through Private Equity

Quorum’s suite of software solutions for the oil, gas, and renewable energy sectors is designed to cover each area of their business - from planning, operations, accounting, measurement, transportation, and logistics. Thoma Bravo Partner Tara Gadgil speaks with former Quorum CEO Gene Austin about their partnership and how they weathered the storm of the global pandemic by continuing to invest in their product and serve it’s customers effectively in a difficult time. To learn more about listener ...

May 18, 202335 minSeason 1Ep. 6

How Leadership Transformed the Culture of Conga

Thoma Bravo Managing Partner Holden Spaht tells the story of how CEO Noel Goggin turned Conga into a market leader for commercial operations transformation by focusing on company culture and customers. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

May 04, 202328 minSeason 1Ep. 5

How Majesco Brings the Speed of Private Equity to Transform the Insurance Business

Majesco is a leader in providing technology and software solutions for the life, property, and casualty insurance business. In this episode, Thoma Bravo Senior Partner AJ Rohde speaks with Majesco CEO Adam Elster about how the company partnered with Thoma Bravo to use the speed of private equity to expedite the digitization of the insurance industry. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit...

Apr 20, 202337 minSeason 1Ep. 4

How Apryse Achieves Fast Growth and High Margins

Apryse is a leading provider of document processing technology for developers and enterprises. On this episode of Thoma Bravo’s Behind The Deal, Apryse CEO Cassidy Smirnow and Thoma Bravo Operating Partner Kristin Weston reflect on how Cassidy has led the company through a total rebrand and has achieved accelerated growth with high margins as a result. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Vis...

Apr 06, 202331 minSeason 1Ep. 3

How SailPoint Keeps Business Identities Safe

SailPoint Co-Founder and CEO Mark McClain speaks with Thoma Bravo Managing Partner Seth Boro about how they forged a relationship that led to Thoma Bravo’s first ever IPO of a portfolio company, and eventually acquiring SailPoint twice over the course of a decade. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Mar 23, 202329 minSeason 1Ep. 2

How ABC Fitness Keeps Your Gym Running

Thoma Bravo Managing Partner Scott Crabill details how ABC Fitness quadrupled their client base after Thoma Bravo acquired the fitness technology company in 2018, and then discusses how ABC’s go-to-market strategy was transformed and taken to the next level with ABC Fitness CEO Bill Davis. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Mar 09, 202342 minSeason 1Ep. 1

Welcome To Thoma Bravo’s Behind the Deal

Join Orlando Bravo, founder and managing partner of Thoma Bravo - one of the largest software investors in the world - for stories behind some of its biggest and most dynamic acquisitions. From Orlando Bravo: “At Thoma Bravo, we partner with great technology companies to help them do even greater things. Over the past 20 years, the firm has acquired or invested in more than 420 companies, and behind every one of these deals is a unique story, and that’s what this podcast is all about.” Every epi...

Mar 09, 20232 min
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