Prior Investments


Activant Solutions, Inc.

Livermore, CA

The company is a leading technology provider of business management solutions serving small and medium-sized retail and wholesale distribution businesses in three primary vertical markets: hardlines and lumber; wholesale distribution; and the automotive parts aftermarket. Founded in 1972, Activant provides customers with tailored proprietary software, professional services, content, supply chain connectivity and analytics. Thoma Bravo invested in Activant in 2006. The company’s earnings grew steadily over the next five years and, in 2011, it was acquired by Apax Partners and merged with Epicor Software Corporation (NASDAQ: EPIC) to create one of the largest global providers of enterprise applications focused on the manufacturing, distribution, services and retail sectors.


American-Amicable Holding, Inc.

Waco, TX

American-Amicable and its affiliated companies market life insurance products, including final expense, single premium whole life, universal life, modified whole life, and term coverage, through a nationwide network of independent sales agents. The companies’ insurance products are designed to fit the particular needs of their individual customers. Thoma Bravo worked with management of the company to increase the size and efficiency of the business over a ten-year period before a very successful sale to an affiliate of Industrial Alliance Insurance and Financial Services Inc. (Toronto: IAG), the fourth largest Canadian life insurer. The purchaser retained all of American-Amicable’s management team and employees and has maintained all of its operations in Waco, TX, where the company has been based since its founding almost 100 years ago.


Datatel, Inc.

Fairfax, VA

For over 25 years, Datatel has focused exclusively on helping colleges and universities manage their business processes. Datatel today provides fully integrated enterprise information management software solutions to more than 600 colleges, universities and other higher education institutions serving almost 4 million students. Thoma Bravo invested in the company in 2005 and worked closely with the company’s management to improve its operations and enhance its profitability before selling the business about 4.5 years later for a substantial gain.


Excelligence Learning Corporation

Monterey, CA

Excelligence is a leading developer, manufacturer and retailer of educational products sold to child care programs, preschools, elementary schools and consumers by catalog, online and through a field sales force. Excelligence serves early childhood professionals, educators, and parents by providing quality educational products and programs for children from infancy to 12 years of age.


JDA Software Group, Inc.

Scottsdale, AZ

With its acquisition of Manugistics in July 2006, funded by Thoma Bravo, JDA became the global leader in helping more than 5,500 retail, manufacturing and wholesale-distribution customers in more than 60 countries achieve demand chain results. JDA Portfolio software enables high-performance business process optimization and execution from the manufacturer’s plant through distribution to an end customer or a retailer’s shelf. With offices in major cities around the world, JDA employs the industry’s most experienced supply and demand chain experts to develop, deliver and support its solutions. The investment was sold in 2009.


Acquisitions made by JDA Software Group, Inc.:
Manugistics Group, Inc.


LECG Corporation

Emeryville, CA

A global expert services firm providing independent expert testimony, original authoritative studies, and strategic advice and consulting to major corporations, leading law firms, and local, state, and federal governments and agencies around the world. The company’s highly credentialed experts and professional staff, including recognized academic authorities, former senior government officials and experienced industry leaders, conduct economic and financial analyses to provide objective opinions and advice that help resolve complex disputes and inform legislative, judicial, regulatory, and business decision makers.


Manatron, Inc.

Portage, MI

Manatron is a leading provider of integrated, enterprise-level property tax solutions for state and local governments. The company’s software manages the entire property life cycle, which includes deed recording, land records, GIS (Geographic Information System) integration, valuation, assessment administration, personal property, business licenses, cashiering, tax billing and collection, delinquents and tax sales and e-government. Manatron serves customers throughout the United States and in Canada, South Africa and the U.S. Virgin Islands.


SonicWALL, Inc.

San Jose, CA

SonicWALL develops advanced intelligent network security and data protection solutions that adapt as organizations evolve and as threats evolve. Trusted by small and large enterprises worldwide, SonicWALL solutions are designed to detect and control applications and protect networks from intrusions and malware attacks through award-winning hardware, software and virtual appliance-based solutions.

Van Wagner

Van Wagner Communications, Inc.

New York, NY

A premier independent outdoor and sports advertising company with signage in key markets including New York, Los Angeles, and London, as well as advertising programs with the NBA, Major League Baseball and the NCAA.


VECTORsgi, Inc.

Formerly the Banking Systems Division of Sterling Commerce, VECTORsgi is a leading provider of financial transaction processing, electronic payments, image exchange, item processing, dispute resolution, and e-commerce solutions for financial institutions. VECTORsgi was sold by a Thoma Bravo predecessor firm to Metavante Corporation, the financial technology subsidiary of Marshall & Ilsley Corporation (NYSE: MI), in November 2004. The company now operates as the VECTORsgi division of Metavante Image Solutions.


Viecore, Inc.

Mahwah, NJ

Viecore is an innovative provider of enterprise level self-service solutions for customer contact centers. The company’s speech-enabled, interactive voice response systems provide services to millions of customers each day in the retail, insurance, financial services, healthcare, utility and other industries. Its Federal Systems Division provides advance decision support services to the US Military and to federal, state, and homeland security agencies.