Press Release August 22, 2022

Thoma Bravo to Acquire Nearmap for AUD $1.055 Billion

The Private Equity, Technology M&A and Public M&A teams advised Thoma Bravo, a leading software investment firm, in its definitive agreement to acquire 100% of the shares in Nearmap Ltd. (ASX: NEA), a leading location intelligence and aerial imagery company, for AUD $2.10 per share in an all-cash scheme of arrangement at a fully diluted equity valuation of approximately AUD $1.055 billion. Upon completion of the transaction, Nearmap Ltd. will become a privately held company.

Thoma Bravo is one of the largest private equity firms in the world, with more than $114 billion in assets under management as of March 31, 2022. The firm invests in growth-oriented, innovative companies operating in the software and technology sectors.

The Goodwin team was led by David Johanson, Joseph Theis, Joshua Zachariah, and James Ding, and included Bryan Kultgen, Hayley McElhinney, Kaitlin Kines, Nicolo Nourafchan, Steven Zhao, Bradley McEwan, Julia Chang, Jinny Kim, Drew Calamaro, Kelsey Lemaster, Garrett Gaughan, Andy Barton, Emilie Pfister, James Oh, Albert Solecki, Thomas McCarthy, Joel Lehrer, Jacob Osborn, Justin Pierce, Paul Jin, Simone Waterbury, Ortal Ben Aharon, Jacqueline Klosek, Kevin Liu, Brenna Moorhead, Nathan Brodeur, Nick Caro, Dylan Brown, Elizabeth Jordan, Jesse Douglas, Wamiq Babul, and Katerina Dee.

For additional details on the transaction, please read the press release.