Thoma Bravo is in exclusive negotiations to sell InfoVista, a market leader in service performance assurance solutions for IP-based network and application services, to Apax Partners. Financial terms of the agreement have not been disclosed.
Thoma Bravo acquired Paris-based InfoVista in April 2012 through a complex take-private acquisition on the Euronext exchange, setting the stage for the company to accelerate its growth as a private company. During its partnership with Thoma Bravo, InfoVista more than doubled its size through organic growth and complementary acquisitions.
“We couldn’t be more proud of our partnership with [InfoVista CEO] Philippe Ozanian and his management team,” says Robert Sayle, a partner at Thoma Bravo. “At the time of our acquisition, we worked closely with them on an aggressive growth plan that built upon the successful platform they had developed, and this sale is a tribute to the new heights they’ve reached.
“Thoma Bravo is, and has been, an excellent strategic partner over the last four years. Working together, we’ve enhanced InfoVista’s position as a global leader in the network performance software solutions category, and we are well positioned to continue that momentum with our new partner.”
“InfoVista is a great example of a company that seized its leadership position and grew both organically and through acquiring businesses that supplemented its offerings,” says Seth Boro, a managing partner at Thoma Bravo. “We’re so appreciative of Philippe and his team for trusting us to guide them into new waters as a private company and for implementing our Thoma Bravo buy-and-build strategy to create a market-leading franchise.”
