Goodwin Procter advised Thoma Bravo, LLC in its completed acquisition of Infogix, Inc. from an affiliate of H.I.G. Capital. The transaction was the first investment out of Thoma Bravo’s new “Discover Fund,” which upon its final closing will have roughly $1 billion in limited partner commitments and a mandate to invest in middle market software companies like Infogix. For more information about the Infogix transaction, please read the press release.
Thoma Bravo is a leading private equity investment firm building on a 30+ year history of 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, invest in growth initiatives and make accretive acquisitions. Thoma Bravo invests with a particular focus on application and infrastructure software and technology enabled services. The firm currently manages a series of private equity funds representing almost $10 billion of equity commitments.
Infogix, headquartered in Naperville, Illinois, helps Fortune 1,000 corporations analyze data as it moves through complex business environments to improve the customer experience, corporate profitability and operational efficiency. Through its Enterprise Data Analysis Platform, Infogix improves data quality, ensures effective transaction monitoring, provides balancing and reconciliation, and identifies and predicts fraud and customer behavior assuring the integrity of information for hundreds of enterprise customers each day.
Goodwin has represented Thoma Bravo in several notable transactions over the past year, including its acquisition of Internet Pipeline (iPipeline), the sale of two portfolio companies, Embarcadero Technologies and Telestream, Inc., and its majority investment in SailPoint Technologies.
The Goodwin team advising Thoma Bravo was led by partners J. Hovey Kemp and Jared Jensen, and included Paula Nagarajan (Corporate), Fred Lim and Dylan Brown (Debt), Kelsey Lemaster and Alexander Plaum (Tax), Joel Lehrer and David Rouse (Intellectual Property), Lynda Galligan, Grace Wirth and Monica Patel (Benefits), Jacqueline Klosek (Privacy), and Todd Hahn (Antitrust), with assistance from Christina Gomez and Jacquelyn Horton.