Buyout group Thoma Bravo set for $4bn windfall

Thoma Bravo-backed SailPoint valued at $12.8 billion in muted market return
SailPoint was valued at $12.8 billion after its shares debuted in line with their offer price on Thursday, marking a tepid return to the stock market for the Thoma Bravo-backed identity security company.
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’s Boosted IPO Targets $1.15 Billion
SailPoint Inc. and its shareholders, including main backer Thoma Bravo, lifted their price range for the security software company’s initial public offering, seeking to raise as much as $1.15 billion.
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 eyes up to $11.5 billion valuation in US IPO
SailPoint said on Tuesday it was targeting a valuation of up to $11.5 billion in its New York flotation, as the cybersecurity firm looks to go public again in the United States after more than two years.
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.
SailPoint: I Am Letting This Identity Security Play Sail By
SailPoint, a leader in enterprise identity management, is returning to public markets post-acquisition. Click here to read my ...
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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 ...
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SailPoint Completes IPO, Boosting Fundraise To $1.32B
Identity security firm SailPoint became the second cybersecurity vendor to go public since 2021 with the completion of its ...
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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 ...
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 ...
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 ...
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Due Diligence is written by Arash Massoudi, Ivan Levingston, Ortenca Aliaj, and Robert Smith in London, James Fontanella-Khan ...