For signature, type in the signer's name or other letters or characters adopted or authorized as the signer's signature. Type(s) of Securities Offered (select all that apply), 15. Posted on 12/17/2020 The malware hack disclosure was publicly revealed by Texas-based SolarWinds Corporation on December 14, 2020. instances or due to the nature of the offering that is the subject of this Form D, States cannot routinely require offering materials under this undertaking or otherwise and can require offering 1) Includes only Software acquisitions (including add-ons) as of 3/31/20. Thoma Bravo raised $12.6 billion for its 13th flagship fund, which was announced in January 2019. Thoma Bravo is wrapping up yet another fairly quick turnaround. According to S&P Global Market Intelligence, this exceeds the $14 billion original target and is the most ambitious US private equity fund launch in this period, eclipsing the … A verification email is on its way to you. Option, Warrant or Other Right to Acquire Another Security, Security to be Acquired Upon Exercise of Option, Warrant or Other Right to Acquire Security. Thoma Bravo has done 230 software deals worth over $68 billion since 2003 and oversees a portfolio of 38 software companies that generate some $12 billion in annual revenue and employ 40,000 people. 3416 (Oct. Thoma Bravo is a leading private equity firm with a 40-year history, including over $35 billion in investor commitments, and a focus on investing in software and technology companies. June 9-10 A representative for Thoma Bravo declined to comment. Join to Connect Thoma Bravo ... • Director’s List (Fall '14, Spring '16), First-Year Honors, Second-Year Honors In recent years, Thoma Bravo has branched out from its primary buyout funds with new vehicles focused on special opportunities and the lower middle market. Green rows indicate new positions. Thoma Bravo is a private equity firm with a 40-year history, including over $30 billion in investor commitments, and a focus on investing in software and technology companies. the amount. Thoma Bravo is a leading private equity firm with a 40+ year history, including over $73 billion in assets under management as of September 30, 2020, and a focus on investing in software and technology companies. directors or promoters in response to Item 3 above. The general partner of the Issuer reserves the right to offer a greater or lesser amount of limited partner interests. TOTAL OFFERING AMOUNT AND TOTAL AMOUNT SOLD ARE AGGREGATED TOGETHER WITH THOMA BRAVO FUND XI, L.P. 14. Company Act of 1940, or the Investment Advisers Act of 1940, or any rule or regulation under any of these statutes, or (ii) the laws of the State in which the issuer maintains its principal place of 2. law, the information furnished to offerees.*. for the Issuer and its related funds. Software and technology-enabled services investor Thoma Bravohas completed fundraising for three funds totalling more than $22.8 billion in capital commitments: Thoma Bravo Fund XIV, a $17.8 billion fund, Thoma Bravo Discover Fund III, a $3.9 billion fund, and Thoma Bravo Explore Fund, a $1.1 billion fund. [22] Clarification of Response (if Necessary): 6. All Thoma Bravo Fund Xii, L.p. holdings are listed in the following tables. Investors : Select if securities in the offering have been or may be sold to persons who do not qualify as accredited investors, and enter the number of such non-accredited investors who already have invested in the offering. The general partner is entitled to a carried interest. As a result, if the securities that are the subject of this Form D are "covered securities" for purposes of NSMIA, whether in all Fund XII 2016 $7,604M 1.3x 14.1% ... portfolio companies acquired with an equity investment by a Thoma Bravo fund and add-on investments acquired by a portfolio company without an equity investment by a Thoma Bravo fund. Register now to read this article and more for free. The Total Offering Amount represents the target amount for the Issuer and its related funds. Orlando Bravo joined the firm in 1998 when the predecessor was split into two firms. Thoma Bravo Fund X-a, L.p. is listed as an insider in the following companies: DT / Dynatrace, Inc. Please verify the information you have entered and review the Terms of Submission below before signing and clicking SUBMIT below to file this notice. The firm was renamed to Thoma Bravo in 2008. Thoma Bravo announced on Thursday it closed its a lower-middle-market fund, Thoma Bravo Discover Fund II, at its hard cap of $2.4 billion, confirmed spokesman Matthew Gorton. The firm is fundraising in a heated market for technology funds. Title 17 of the Code of Federal Regulations. Thoma Bravo Fund XIII, L.P. Thoma Bravo Partners XIII, L.P. Thoma Bravo, LLC (Names of Filing Persons—Other) Common Stock, par value $0.0001 per share (Title of Class of Securities) 45781U103 (CUSIP Number of Class of Securities) Holden Spaht . Provide the amount of the gross proceeds of the offering that has been or is proposed to be used for payments to any of the persons required to be named as executive officers, Performance charts for Thoma Bravo Credit Fund I LP (PE16123) including intraday, historical and comparison charts, technical analysis and trend lines. materials only to the extent NSMIA permits them to do so under NSMIA's preservation of their anti-fraud authority. The reader should not assume that the information is accurate and complete. already have invested in the offering. Thirteen months ago, Thoma Bravo closed a massive vehicle that contributed to a record year for tech fundraising in private equity. Each Issuer identified above has read this notice, knows the contents to be true, and has duly caused this notice to be signed on its behalf by the undersigned duly authorized About Thoma Bravo Fund XIII LP Thoma Bravo Fund XIII LP is a 2019 private equity fund currently investing. Certifying that, if the issuer is claiming a Regulation D exemption for the offering, the issuer is not disqualified from relying on Rule 504 or Rule 506 for one of the reasons stated in Rule person. Any such fees are offset dollar-for-dollar against the management fees payable by the Issuer. The general partner of the Issuer reserves the right to offer a greater or lesser amount of limited partner interests. Don't have an account? Is this offering being made in connection with a business combination transaction, such as a merger, acquisition or exchange offer? Thoma Bravo Fund X-a is based out of Chicago. 11, 1996)] imposes on the ability of States to require information. It is illegal for insiders to make trades in their companies based on specific, non-public information. If the amount is unknown, provide an estimate and check the box next to the amount. Thoma Bravo, a private equity firm focused on software and tech-enabled services companies, has closed its twelfth fund with $7.6 billion. The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete. Thoma Bravo’s 12th fund had a 14.13 percent internal rate of return since inception as of March 31, 2019, according to performance information from California State Teachers’ Retirement System. Irrevocably appointing each of the Secretary of the SEC and, the Securities Administrator or other legally designated officer of the State in which the issuer maintains its principal place of business and any State in which this notice is filed, as its agents for service of process, and agreeing that these persons may accept service on its behalf, of any notice, process or pleading, and SAN FRANCISCO, Jan. 14, 2021 /PRNewswire/ -- Thoma Bravo Advantage (the "Company"), a newly incorporated blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities, today announced its initial … It pioneered the buy-and-build investment strategy, and the first applied this strategy to the software and technology industries nearly 20 years ago. Principal at Thoma Bravo San Francisco Bay Area 500+ connections. 104-290, 110 Stat. disclosed in the Issuer's confidential offering materials. Please check your spam or junk folder just in case. Thoma Bravo is equally owned by the six managing partners (Boro, Bravo, Crabill, Mitchell, Thoma, Spaht), four of whom have a full-time focus on investment activity and have been working together for 14 years. The filing was for a pooled investment fund: private equity fund The notice included securities offered of Equity,Pooled Investment Fund Interests Thoma Bravo’s predecessor firm was founded by Mr. Golder and Mr. Thoma in 1980. payable by the Issuer. Not the case? 600 Montgomery Street, 20th Floor . The firm’s plans underscore the fundraising boom in private equity, as yield-hungry investors pour money into the asset class. notice, and (b) is founded, directly or indirectly, upon the provisions of:  (i) the Securities Act of 1933, the Securities Exchange Act of 1934, the Trust Indenture Act of 1939, the Investment The Fund may use leverage, which may exaggerate the effect of any increase or decrease in the value of portfolio se curities or the Net Insiders are officers, directors, or significant investors in a company. Name of Issuer; THOMA BRAVO FUND XIV, L.P. Street Address 1 Street Address 2; 150 NORTH RIVERSIDE PLAZA, SUITE 2800: City State/Province/Country ZIP/PostalCode Thoma Bravo Fund IX, for instance, has an IRR of 44.7%; no other US buyout fund from 2008 that was between $500 million and $1 billion in size has even managed to top 30%. You should only be asked to sign in once. Not all investments have been successful. Thoma Bravo raised its first fund focused exclusively on software and tech-enabled services in 2008. For a founding father of the private equity industry, Carl Thoma has a quieter profile than his peers. Click Only logged in subscribers of this site will be able to access the shared article. The firm last filed a Form D notice of exempt offering of securities on 2011-12-15. Federal Exemption(s) and Exclusion(s) Claimed (select all that apply), 9. Thoma Bravo targets $14bn for 14th flagship amid fundraising blitz. Net Worth and Insider Trades. Regardless of whether securities in the offering have been or may be sold to persons who do not qualify as accredited investors, enter the total number of investors who already Thoma Bravo is the successor to the firm here to register, Not for publication, email or dissemination, Post-succession Levine Leichtman targets $1bn for third lower mid-market fund, LACERS moves to switch PE benchmark after covid volatility, Q&A with Crestview Partners’ next generation of leadership, Oregon to target up to $3.5bn in private equity, eyes secondaries market, New Jersey council debates authority over investment decisions, Private equity carries a big stick and should speak loudly, PODCAST: How a Democrat-controlled US government could impact private equity, MiddleGround Capital on the art of the automotive deal. US private equity firm Thoma Bravo is targeting a US$16.5 billion raise for its next fund, Thoma Bravo Fund XIV. Offering and Sales Amounts Clarification of Response (if Necessary): Total Offering Amount and Total Remaining to be Sold are aggregated together with Thoma Bravo Fund XII, L.P. 14. L. No. Minimum investment accepted from any outside investor, State(s) of Solicitation (select all that apply). Placement agent fees to be paid (if any) are based upon a fee schedule pertaining to relevant investors. MNG PARTNER OF THE MNG MBR OF THE GP OF THE GP OF THE ISSUER, UNITED STATES SECURITIES AND EXCHANGE COMMISSION. ... Parent and Merger Sub are each affiliated with Thoma Bravo Fund XIII, L.P. and Thoma Bravo Fund XIV, L.P. (the “Thoma Bravo Funds”), and Parent, Merger Sub and the Thoma Bravo Funds … Any such fees are offset dollar-for-dollar against the management fees Please confirm you would like to remove this article from your saved articles. Eastern Standard Time (EST) - Virtual Event, Get limited access to our industry news, analysis and data, plus regular email updates. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number. Update : This article has been updated with various information from an Arkansas Teacher Retirement Association investment report. c/o Thoma Bravo, LLC . MassPRIM committed up … The general partner is entitled to a carried interest. A link has been emailed to you - check your inbox. Placement agent fees to be paid (if any) are based upon a fee schedule pertaining to relevant investors. PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE. Does the Issuer intend this offering to last more than one year? Select if securities in the offering have been or may be sold to persons who do not qualify as accredited investors, and enter the number of such non-accredited investors who An affiliate of the general partner is entitled to a management fee. Data is sourced from 13D/13G, 13F, and N-Q filings. The carried interest and management fee are fully disclosed in the Issuer's confidential offering materials. Principal Place of Business and Contact Information. * This undertaking does not affect any limits Section 102(a) of the National Securities Markets Improvement Act of 1996 ("NSMIA") [Pub. Sales Commissions & Finder's Fees Expenses. If the amount of an expenditure is not known, provide an estimate and check the box next to Did Silver Lake Partners and Thoma Bravo Screw CPP Investments on SolarWinds Deal? The carried interest and management fee are fully Thoma Bravo Fund XIV’s strategy is to take between 12 and 15 control positions in software and technology companies between the sizes of $600 million and $2 billion. The Total Offering Amount represents the target amount : this article has been emailed to you - check your inbox investor... Asked to sign in once if it is illegal for insiders to make trades in their based. 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