PE
Thoma Bravo Explore acquisitions
Thoma Bravo Explore is a private equity firm that invests in software. We track 21 of its acquisitions; the most recent was Accelerant in Aug 2026. It buys most often in developer tools and infrastructure, sales and crm, accounting, finance and erp.
thomabravo.com ↗Acquisitions tracked
21
Most recent deal
Aug 2026
Deal size
Not disclosed
Based in
—
What Thoma Bravo Explore buys
Lower middle-market platform of Thoma Bravo buying software companies with less than $100M ARR, including Tanda and Kneat.
- Developer tools and infrastructure · 3
- Sales and CRM · 3
- Accounting, finance and ERP · 2
- Healthcare and life sciences · 2
- Logistics and supply chain · 2
Buys in: United States, Europe
Buying activity
- 32021
- 62022
- 12023
- 22024
- 32025
- 12026
19 dated deals on record since 2020, most recently Aug 2026. We list the deals we can source, so earlier years may be incomplete.
How to sell to Thoma Bravo Explore
Included with full access, for every acquirer in the database.
- 2 contacts: intake email, forms and M&A team
- How their acquisition process runs
- What diligence looks like
- What happens after close
Get full accessOne payment, lifetime access.
All Thoma Bravo Explore acquisitions
2026 · 1
| Company | Date | Category | Price | Source |
|---|---|---|---|---|
| Accelerant Full acquisition · Pending | Aug 13, 2026 | Insurance | $4.0B | thomabravo.com |
2025 · 3
| Company | Date | Category | Price | Source |
|---|---|---|---|---|
| Payara Full acquisition | Dec 10, 2025 | Developer tools and infrastructure | — | thomabravo.com |
| Accusoft Full acquisition | Jul 10, 2025 | Developer tools and infrastructure | — | thomabravo.com |
| Scanbot SDK Full acquisition | Jul 10, 2025 | Developer tools and infrastructure | — | thomabravo.com |
2024 · 2
| Company | Date | Category | Price | Source |
|---|---|---|---|---|
| Fluence Technologies Full acquisition · Pending | Apr 26, 2024 | Accounting, finance and ERP | — | thomabravo.com |
| LEAD Technologies Full acquisition | Feb 21, 2024 | Healthcare and life sciences | — | thomabravo.com |
2023 · 1
| Company | Date | Category | Price | Source |
|---|---|---|---|---|
| Return Rabbit Asset purchase | Jun 12, 2023 | E-commerce and retail | — | thomabravo.com |
2022 · 6
| Company | Date | Category | Price | Source |
|---|---|---|---|---|
| Vuealta application division Asset purchase | Dec 19, 2022 | Logistics and supply chain | — | thomabravo.com |
| Alation Minority stake | Nov 2, 2022 | Data and analytics | — | thomabravo.com |
| Alma Minority stake | Aug 25, 2022 | Healthcare and life sciences | — | thomabravo.com |
| Glofox Full acquisition | Aug 25, 2022 | Hospitality, travel and leisure | — | thomabravo.com |
| AppOmni Minority stake | Jun 6, 2022 | Cybersecurity | — | thomabravo.com |
| Anaplan Full acquisition · Pending | Mar 20, 2022 | Accounting, finance and ERP | $10.7B | thomabravo.com |
2021 · 3
| Company | Date | Category | Price | Source |
|---|---|---|---|---|
| Packlink Full acquisition | Dec 20, 2021 | Logistics and supply chain | — | thomabravo.com |
| Activix Minority stake | May 27, 2021 | Sales and CRM | — | thomabravo.com |
| Fitness BI Full acquisition | Apr 8, 2021 | Data and analytics | — | thomabravo.com |
2020 · 3
| Company | Date | Category | Price | Source |
|---|---|---|---|---|
| Trainerize Full acquisition | Sep 15, 2020 | Hospitality, travel and leisure | — | thomabravo.com |
| GymSales Full acquisition | Jul 22, 2020 | Sales and CRM | — | thomabravo.com |
| Conga (merged with Apttus) Merger · Pending | May 7, 2020 | Sales and CRM | — | thomabravo.com |
Date not disclosed · 2
| Company | Date | Category | Price | Source |
|---|---|---|---|---|
| Boeing flight navigation unit Asset purchase | — | — | $11.0B | thomabravo.com |
| Darktrace Full acquisition | — | Cybersecurity | $5.3B | thomabravo.com |
Companies Thoma Bravo Explore sold
- Command AlkonSep 30, 2026 · thomabravo.com
- Veriforce · PendingAug 28, 2024 · thomabravo.com
- TRADER Corporation · PendingAug 16, 2024 · thomabravo.com
- Exostar · PendingSep 26, 2023 · thomabravo.com
Capital raised
- Thoma Bravo Fund XVI · Fund close$24.3B · Jun 4, 2025
- Thoma Bravo Discover Fund V · Fund close$8.1B · Jun 4, 2025
- Thoma Bravo Europe Fund I · Fund closeUndisclosed · Jun 4, 2025