Buyout group Thoma Bravo set for $4bn windfall

Thoma Bravo-Backed SailPoint Valued at $12.8 Billion in Muted Market Return
SailPoint first went public in 2017, three years after being acquired by Thoma Bravo, which bought it again in 2022 via a $6.9 billion deal. The company lets customers, including Detroit automaker General Motors and chocolate maker Hershey, establish and control their security processes.
Thoma Bravo-Backed SailPoint’s IPO Raises $1.38 Billion
SailPoint Inc. and a group of shareholders including its main backer, Thoma Bravo, raised $1.38 billion in an enlarged initial public offering for the enterprise security software company, pricing shares at the top of a marketed range.
Buyout group Thoma Bravo set for $4bn windfall after SailPoint IPO
Thoma Bravo used about $6bn of its investors’ cash to buy SailPoint. In December 2024, it invested a further $600mn to pay down SailPoint’s debt in an effort to increase the company’s appeal to shareholders. The deal raised Thoma Bravo’s overall equity investment to $6.6bn.
Thoma Bravo-backed SailPoint set for US market comeback after over two years
(Reuters) -Thoma Bravo-backed cybersecurity firm SailPoint will start trading on the Nasdaq on Thursday, returning to the U.S. stock market more than two years after it went private. The Austin, Texas-based company,
Thoma Bravo-backed SailPoint goes public
SailPoint, which is backed by Thoma Bravo, has gone public after pricing its 60 million shares at $23 per share. SailPoint is an Austin-based cybersecurity firm. The stock began trading on the Nasdaq on February 13, 2025 under the ticker symbol “SAIL.”
Thoma Bravo’s SailPoint, Holders Seek $1.05 Billion in IPO
SailPoint Inc., an enterprise security software company owned by Thoma Bravo, and shareholders are seeking to raise as much as $1.05 billion in its initial public offering.
Thoma Bravo-backed SailPoint valued at $12.8 billion in stock market return
Thoma Bravo-backed identity security company SailPoint was valued at $12.8 billion, after its shares opened in line with the offer price in their Nasdaq debut on Thursday. The Austin, Texas-based company's stock opened at $23 per share.
SailPoint’s dull debut did little to loosen the stuck IPO window, expert says
SailPoint’s IPO on Thursday was a disappointment for anyone hoping it would indicate that tech IPOs are hot again. The first ...
Crain's Chicago Business4d
Private equity veteran Carl Thoma sells Palmolive condo at multimillion-dollar loss
Thoma and his wife bought the condo in 2019 for $6.2 million and sold it today for $2.7 million, the latest downtown condo to ...
SecurityWeek14h
SailPoint IPO Signals Bright Spot for Cybersecurity
In a signal move for the cybersecurity sector, identity and access management (IAM) vendor SailPoint has made its return to public markets.
Comvest Credit Partners Provides Debt Financing to Support Merger of Opexus and Casepoint and Majority Investment from Thoma Bravo
Comvest Credit Partners, a leading provider of flexible direct financing solutions to middle-market companies, is pleased to ...
U.S. News & World Report11d
Thoma Bravo's SailPoint Eyes up to $11.5 Billion Valuation in US IPO
Thoma Bravo's SailPoint Eyes up to $11.5 Billion Valuation in US IPO By Arasu Kannagi Basil (Reuters) -SailPoint said on Tuesday it was targeting a valuation of up to $11.5 billion in its New York ...
Pirates of the ‘Gulf of America’
Due Diligence is written by Arash Massoudi, Ivan Levingston, Ortenca Aliaj, and Robert Smith in London, James Fontanella-Khan ...
devdiscourse1d
SailPoint's $12.8 Billion Nasdaq Debut: A New Era in Identity Security
SailPoint, an identity security company backed by Thoma Bravo, achieved a valuation of $12.8 billion during its Nasdaq debut, opening at $23 per share. The company raised $1.38 billion in an upsized ...