Thoma Bravo is a private equity investment firm with more than 30 years of experience providing equity and strategic support to experienced management teams and growing companies. The firm seeks to create value by collaborating with company management to improve business operations and provide capital to support growth initiatives. Thoma Bravo invests with a particular focus on application and infrastructure software and technology enabled services. The firm currently manages more than $8.5 billion of equity commitments and has offices in Chicago and San Francisco.
iPipeline is a provider of cloud-based software solutions for the life insurance industry. Through its SaaS solutions, the company accelerate and simplify insurance sales, compliance, operations and support. iPipeline provide process automation and seamless integration between every participant in the life insurance industry including carriers, agents, distributors and consumers. With headquarters in Exton, Pa., iPipeline has locations in Cheltenham (UK), Fort Lauderdale, Huntersville, Philadelphia, Salt Lake City, Tokyo and Vancouver.
Earlier this year, the Goodwin also represented Thoma Bravo in its sale of Telestream to Genstar Capital.
The Goodwin team advising Thoma Bravo was led by Hovey Kemp and included Jared Jensen, Paula Nagarajan (Corporate), Laura Rupenian, William Pearce (Debt), Kelsey Lemaster (Tax), Joel Lehrer (Intellectual Property), Lynda Galligan, Grace Wirth and Monica Patel (Benefits), Jacqueline Klosek (Privacy) and Todd Hahn (Antitrust).
Additional information regarding the acquisition is available in the Thoma Bravo press release.