"Thoma Bravo's expertise and guidance has been invaluable. This partnership has strengthened our company, and we feel better-positioned than ever to continue our industry leadership," said Mike Corkery, CEO and President at Deltek. "We are very appreciative of Thoma Bravo's support and partnership, and look forward to continuing to grow our business as a part of Roper Technologies."
"Deltek represents another great case study in Thoma Bravo's strategy of buying strong franchises in technology and growing them both organically and inorganically with a great leadership team. In conjunction with Mike Corkery and his management team, we significantly expanded the size of the business in four years and invested heavily in the company's products and services," said Holden Spaht, managing partner at Thoma Bravo. "We believe Deltek is well-positioned to continue consolidating its market leadership position as the preeminent solutions provider for project-based businesses under Roper's leadership."
About Thoma Bravo
Thoma Bravo is a leading private equity firm focused on the software and technology-enabled services sectors. With a series of funds representing more than $17 billion in capital commitments, Thoma Bravo partners with a company's management team to implement operating best practices, invest in growth initiatives and make accretive acquisitions intended to accelerate revenue and earnings, with the goal of increasing the value of the business. Representative past and present portfolio companies include industry leaders such as Blue Coat Systems, Deltek, Digital Insight, Global Healthcare Exchange, Hyland Software, PowerPlan, Riverbed, SolarWinds, SonicWall, Sparta Systems and TravelClick. The firm has offices in San Francisco and Chicago. For more information, visit www.thomabravo.com.
Deltek is the leading global provider of enterprise software and information solutions for government contractors, professional services firms and other project-based businesses. For decades, we have delivered actionable insight that empowers our customers to unlock their business potential. 22,000 organizations and millions of users in over 80 countries around the world rely on Deltek to research and identify opportunities, win new business, recruit and develop talent, optimize resources, streamline operations and deliver more profitable projects. Deltek – Know more. Do more.® www.deltek.com
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SOURCE Thoma Bravo