b. Flexera is the largest homegrown technology company in the Chicago area, with more than 1,300 employees and offices on four continents. Technology Insights, Spend Optimization, Tech Agility. Megan Frank Investing as either a majority or minority investor, TA employs a long-term approach, utilizing its strategic resources to help management teams build lasting value in high quality growth companies. Flexera’s EBITDA grew from nearly $100 million at the time of TA’s investment in 2017, to around $200 million at the time of Flexera’s sale to Thoma Bravo earlier this month, they said. Itasca, IL - September 26, 2018 Flexera announced today it has acquired RightScale, the recognized industry leader in multi-cloud management and cost optimization. Compare the best Sales software of 2020 for your business. We offer version-specific API information. Flexera’s comprehensive Cloud Management Platform (CMP) provides a rich set of capabilities for discovery, template-based provisioning, orchestration, and automation; operational monitoring and management; governance; and cost optimization across multiple public and private clouds as well as … Flexera, headquartered in suburban Chicago, uniquely serves companies that use technology and those that produce it. Technology Insights, Spend Optimization, Tech Agility Visit Site Visit Site InstallShield Installation Made Easy: Get MSIX Ready Consistent and reliable installs. joe.berg@finsbury.com, TA Associates media contacts Here are steps to add new users to Case Portal - 1. phil.nunes@backbaycommunications.com, Ontario Teachers’ Pension Plan media contact CD Projekt Changes Developer Bonus Structure After Buggy Release, Oracle Moves Headquarters to Texas, Joining Valley Exodus, Facebook Breakup Would Demolish Zuckerberg’s Social Media Empire, Pfizer Vaccine Cleared in U.S., a Landmark in Covid-19 Fight, How a Homeless High School Dropout Became CEO of a $1 Billion Company. The firm has offices in San Francisco and Chicago. Thoma Bravo has helped build some of the world’s leading companies in software applications, infrastructure and cybersecurity. A representative for Boston-based TA didn’t immediately respond to requests for comment. With Flexera One, IT leaders can visualize their entire estate and make data-driven IT decisions from on-premises to SaaS to the cloud—all from a single user interface. The company was named to Inc. magazine’s 2020 Best Workplaces list and has been named a Top Workplace by the Chicago Tribune for nine consecutive years. Thoma Bravo must really like Flexera, an IT asset management company out of Chicago.The private equity firm bought the company for the second time today. Our top products, plus a link to offerings specifically serving Software and IoT companies. To cite just one example, this year Revenera became the first vendor to successfully combine software usage analytics and monetization in a single platform. “This is a resounding vote of confidence in the growth Flexera has shown and the strategic initiatives we’ve undertaken to address the exponential challenges faced by organizations today,” said Jim Ryan, President and CEO of Flexera. Before it's here, it's on the Bloomberg Terminal. No final decisions have been made and the owners may choose not to pursue a sale, they said. “And the Revenera division is extremely successful at recognizing and delivering what technology companies need to understand and monetize usage,” Boro added. Dan Madge BofA Securities and Barclays are acting as financial advisors, and Weil, Gotshal & Manges as legal advisor to Flexera, TA Associates and Ontario Teachers’. ConnectWise Sell is … License. For more information, visit www.thomabravo.com, TA Associates is a leading global growth private equity firm. Flexera bought peer Rightscale in September and refinanced the combined business this year, according to Flexera’s website. The company’s backers, Teachers’ Private Capital and the private equity firm TA Associates, are working with an adviser to run an auction process, said the people, who asked not to be identified because they weren’t authorized to speak publicly. “And we want all this great work not only to continue, but to accelerate.”. Flexera Software, a portfolio company of private equity firm Thoma Bravo, has acquired ManageSoft, a Boston-based provider of enterprise software management solutions.No financial terms were disclosed. Still not sure about Flexera Software The links below are for the 2021 R1 release. They view the software industry as a supply chain, and make the business of buying and selling software more transparent, secure, and effective. Transform IT. Flexera One is an open architecture with a multitude of APIs, making it easy to share data so you can enhance your investments in ServiceNow, BMC, Apptio, Cherwell and others. “We know Jim and his executive team very well,” said Thoma Bravo Managing Partner Seth Boro, “and we support Flexera’s ambitious vision. Processor Pentium III-class PC (500 MHz or higher recommended) RAM 256 MB of RAM (512 MB preferred) Hard Disk 500 MB free space Display Designed for XGA resolution at 1024 × 768 or higher Operating System Windows mfrank@thomabravo.com, Joe Berg, Finsbury The defined-benefit plan, which is fully funded as of January 1, 2020, invests and administers the pensions of the province of Ontario's 329,000 active and retired teachers. Flexera helps companies with IT services including software security, cloud management and software-as-a-service management, according to its website. Free download. Focused on targeted sectors within five industries – technology, healthcare, financial services, consumer and business services – TA invests in profitable, growing companies with opportunities for sustained growth, and has invested in more than 500 companies around the world. Gartner predicts strong growth of SaaS technologies reaching revenue figures of $85 billion by the end of 2019. Sale process underway for Sentinel’s Pet Supplies Plus Piper Sandler is the lead advisor to the Michigan-based pet franchise giant. Thoma Bravo had previously acquired a majority interest in the company in 2008, when Flexera was spun off from then-parent company Macrovision. As described in the “With whom do we share your personal information?” section in our privacy policy, we have disclosed personal information within Flexera and with a variety of third parties for business purposes. The company’s Revenera division provides solutions that help technology companies build better products, accelerate time to value and monetize what matters. No final decisions have been made and the owners may choose not to pursue a sale, they said. “Our Revenera division continues to post amazing growth quarter after quarter,” Ryan added, “fueled by innovative solutions that help technology companies drive recurring revenue. “We have enjoyed our partnership with the Flexera management team and Ontario Teachers’ over the past three years, helping Flexera to execute on its impressive growth strategies. OK, verstanden “We look forward to working with the company’s management and our co-shareholders Thoma Bravo and TA Associates in supporting Flexera’s next stage of growth.”, “It is a pleasure to welcome Thoma Bravo as an investor in Flexera,” said Harry D. Taylor, a Managing Director at TA Associates. Flexera, based in Itasca, Illinois, is expected to attract interest from other private equity firms, the people said. Find the highest rated Sales software pricing, reviews, free demos, trials, and more. Read our first annual report to find out how large enterprises are reinventing themselves by investing in people, processes and technologies for new ways to serve customers. Flexera Master EULA v12.04.2017 2 a. Contact Flexera with any questions you have, including pricing and purchase information on all Flexera solutions. 2. “Jim and his team have positioned Flexera for sustained growth by focusing on the strategic challenges enterprises face with complex IT infrastructures,” Boro continued. Register a new Flexera Community Account. For more information, visit otpp.com and follow us on Twitter @OtppInfo, Flexera media contact Clement | Peterson for Flexera The private equity firm bought the company for the second … 212-731-4778 Flexera is reimagining the way software is bought, sold, managed and secured. The firm’s more than 100 investment professionals are based in Boston, Menlo Park, London, Mumbai and Hong Kong. More information about TA Associates can be found at www.ta.com, The Ontario Teachers' Pension Plan Board (Ontario Teachers') is the administrator of Canada's largest single-profession pension plan, with C$204.7 billion in net assets (all figures at June 30, 2020 unless noted). We look forward to continuing to support the Flexera team and work alongside our fellow investors.”, “We’re grateful for the continued partnership, support and guidance TA Associates and Ontario Teachers’ provide,” Ryan stated. About Flexera SaaS Manager Software as a Service (SaaS) is one of the fastest growing areas of cloud computing, in some cases predicted to outpace platform and infrastructure services. “Flexera One is our SaaS-based IT management solution designed with and for organizations with highly complex hybrid environments. 303-229-2271 Thoma Bravo is a leading private equity firm focused on the software and technology-enabled services sectors. TA has raised $33.5 billion in capital since its founding in 1968 and is committing to new investments at the pace of over $3 billion per year. 617-574-6796 Flexera to sell a majority interest to equity firm Posted 12/3/2020 3:06 PM ITASCA -- A leading software investor will acquire a majority stake in Flexera, the company said Thursday. Itasca, IL - December 3, 2020 Flexera, the company that helps organizations turn technology into a competitive advantage whether they make it or use it, today announced it has agreed to sell a majority interest in the company to Thoma Bravo, a private equity firm focused on the software and technology-enabled services sectors. Its Asia-Pacific regional offices are in Hong Kong and Singapore, and its Europe, Middle East and Africa region office is in London. The company’s Flexera division provides IT management solutions that help enterprises maximize business value from their technology investments. UBS is acting as financial advisor to Thoma Bravo, and Kirkland & Ellis is serving as legal counsel. A healthcare-beauty business agrees to merge with blank-check company Vesper Healthcare Acquisition Corp, while TA's recent sale of Flexera is poised to reap a … The company’s management team has accomplished a great deal over the past 12 years. The specific license grant for the Software licensed by Licensee with which this Agreement was provided will be set forth in the applicable Schedule to this Agreement. flexerapr@clementpeterson.com, Thoma Bravo media contacts “We have had a productive partnership with Flexera over the last nine years during which time the company has become a leader in its key segments while experiencing consistent growth in recurring revenue and profitability,” said Karen Frank, Senior Managing Director of Equities at Ontario Teachers’. The owners of closely held Flexera Software LLC are planning a sales process that could value the company at as much as $3 billion, according to people with knowledge of the matter. Itasca, IL - December 3, 2020 Flexera, the company that helps organizations turn technology into a competitive advantage whether they make it or use it, today announced it has agreed to sell a majority interest in the company to Thoma Bravo, a private equity firm focused on the software and technology-enabled services sectors. “Flexera One is the first solution that gives IT executives the ability to see and manage their assets seamlessly across on-premises, SaaS and cloud. Thoma Bravo must really like Flexera, an IT asset management company out of Chicago.The private equity firm bought the company for the second time today. Sources told TechCrunch the price was $2.85 billion. media@otpp.com, Unsere Website benutzt Cookies, um Ihre bevorzugten Einstellungen zu speichern und Ihre Navigation zu optimieren. (Bloomberg) -- The owners of closely held Flexera Software LLC are planning a sales process that could value the company at as much as $3 billion, according to people with knowledge of the matter. Find helpful user forums and documentation, manage your account, log support tickets and more. mocarroll@ta.com, Philip Nunes, BackBay Communications 203-984-2771 If you need to discuss your licensing requirements for AdminStudio Enterprise, please contact our Flexera licensing specialists.Our regular prices are shown below. “We’re thrilled at this chance to ‘get the band back together,’” concluded Boro. Read FlexNet Manager reviews from real users, and view pricing and features of the IT Management software. Get the ninth annual 2020 State of the Cloud Report from Flexera for the latest cloud trends in public, private, and hybrid cloud adoption. Goodwin Procter is serving as separate counsel to TA Associates. Your SaaS management can get drastically better with Flexera’s integration with Coupa The 14 Key Competencies of SAM (and ISO 19770-1:2017) Flexera is recognized as a Leader in the 2020 Gartner Magic Quadrant for 617-391-0792 Managesoft was OSA (Open Software Associates), which itself came out of HP 's Australian Software Organisation. With more than $70 billion in assets under management as of June 30, 2020, 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. Let Flexera help control & manage your software & IT costs so your business can grow. “In order to give enterprises the insight and tools to control their rapidly expanding IT ecosystems, we’re rolling out Flexera One,” continued Ryan. Learn about FlexNet Manager. “And we look forward to this exciting next step with Thoma Bravo and to expanding the ways we will deliver for our customers.”. One software license is required per user, per machine. The owners of closely held Flexera Software LLC are planning a sales process that could value the company at as much as $3 billion, according to people with knowledge of the matter. A representative for On July 19, 2011 Thoma Bravo sold a majority stake in Flexera Software LLC to Teachers' Private Capital, the private investment department of the Ontario Teachers' Pension Plan . *All third-party trademarks are the property of their respective owners. Wenn Sie diese Nachricht schließen oder auf der Website navigieren, stimmen Sie unseren Cookie-Richtlinien zu. Every time. Teachers’, the investment arm of Ontario Teachers Pension Plan, bought a majority stake in Flexera in 2011 from the private equity firm Thoma Bravo. 416-730-6451 It holds a diverse global portfolio of assets, approximately 80% of which is managed in-house, and has earned an annual total-fund net return of 9.5% since the plan's founding in 1990. Software company’s owners work with adviser on sales process, Teachers’ fund arm bought majority stake in Flexera in 2011. OK, verstanden. Speaking of data, our IT Visibility application will offer business service mapping as an option in Q1 of 2021 enabling you to view resources and spend for the applications that run your business. Flexera specializes in IT management software, optimization & solutions. Terms of the transaction were not disclosed. For past releases, go to docs.flexera.com and located your specific version of the administration guide and search for "API Reference": With the help of Capterra, learn about Flexera Software Vulnerability Management, its features, pricing information, popular comparisons to other Vulnerability Management products and more. This gives Flexera the top technology asset management offering across software, hardware, … Application Dependency Mapping to Business Service Mapping, Optimize Software to Advance Your Government Agency Mission, Optimize Costs Across Software & Infrastructure, Unified Automated and Continuous Governance, Application Dependency Mapping & On-Premises to Cloud Migration. North America: 800-809-5659 EMEA: +44 (0) 870 873 6300 APAC: +81-3-4360-8291 Contact Sales Find a Distributor / Reseller Flexera Community and Support Flexera acquired Australian based ManageSoft in 2010. Have a confidential tip for our reporters? Flexera and Teachers’ declined to comment. About Flexera Cloud Management Platform Manage and govern across public and private clouds. Download and Install Flexera ID-9 Key Drivers for Windows October 2, 2017 If you are using Flexera ID-9 dongles to act as the ID for a floating license manager, or to lock software to the dongle, you will need to insure that the proper Windows drivers are installed. “The performance of our Flexera and Revenera divisions,” noted Ryan, “brought our former investors at Thoma Bravo back a second time.”. Flexera.com Inform IT. with ABN 40 052 412 156 and for Licensees outside of the countries listed above, “Flexera Software” means Flexera Software LLC, … Flexera, based in Itasca, Illinois, is expected to attract interest from other private equity firms, the people said. Last year, TA Associates acquired a minority stake in Flexera for an undisclosed sum. Australia and New Zealand, “Flexera Software” means Flexera Software Pty Limited. 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