Thoma Bravo, a leading software private investment firm, has exited it investment in Exostar, a cloud-based secure business collaboration software provider, through a sale to Washington DC-based private equity firm Arlington Capital Partners (Arlington).
Exostar serves highly regulated industries including aerospace and defence, healthcare and life sciences, and banking, financial services, and insurance. The company’s platform us being used by nearly 200,000 companies worldwide to helps them mitigate risk and compliantly protect sensitive information and intellectual property as they engage with their global communities of customers, partners, and suppliers.
Gibson, Dunn & Crutcher LLP served as legal advisor and Shea & Company served as financial advisor to Arlington Capital Partners. Kirkland & Ellis LLP served as legal advisor and Aeris Partners LLC served as the exclusive financial advisor to Thoma Bravo.