License. Gartner predicts strong growth of SaaS technologies reaching revenue figures of $85 billion by the end of 2019. with ABN 40 052 412 156 and for Licensees outside of the countries listed above, “Flexera Software” means Flexera Software LLC, … Flexera’s existing shareholders TA Associates and Ontario Teachers’ Pension Plan Board (Ontario Teachers’) will continue to hold a meaningful stake in the business. Read FlexNet Manager reviews from real users, and view pricing and features of the IT Management software. Free download. “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’. 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. The company’s Flexera division provides IT management solutions that help enterprises maximize business value from their technology investments. 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. “And we look forward to this exciting next step with Thoma Bravo and to expanding the ways we will deliver for our customers.”. OK, verstanden mocarroll@ta.com, Philip Nunes, BackBay Communications 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. Dan Madge Wenn Sie diese Nachricht schließen oder auf der Website navigieren, stimmen Sie unseren Cookie-Richtlinien zu. “Jim and his team have positioned Flexera for sustained growth by focusing on the strategic challenges enterprises face with complex IT infrastructures,” Boro continued. With the help of Capterra, learn about Flexera Software Vulnerability Management, its features, pricing information, popular comparisons to other Vulnerability Management products and more. 2. “The performance of our Flexera and Revenera divisions,” noted Ryan, “brought our former investors at Thoma Bravo back a second time.”. 416-730-6451 Flexera bought peer Rightscale in September and refinanced the combined business this year, according to Flexera’s website. “And the Revenera division is extremely successful at recognizing and delivering what technology companies need to understand and monetize usage,” Boro added. Last year, TA Associates acquired a minority stake in Flexera for an undisclosed sum. For past releases, go to docs.flexera.com and located your specific version of the administration guide and search for "API Reference": They view the software industry as a supply chain, and make the business of buying and selling software more transparent, secure, and effective. Software company’s owners work with adviser on sales process, Teachers’ fund arm bought majority stake in Flexera in 2011. No final decisions have been made and the owners may choose not to pursue a sale, they said. Transform IT. 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. 303-229-2271 For more information, visit www.thomabravo.com, TA Associates is a leading global growth private equity firm. Flexera Master EULA v12.04.2017 2 a. The company’s management team has accomplished a great deal over the past 12 years. flexerapr@clementpeterson.com, Thoma Bravo media contacts Find helpful user forums and documentation, manage your account, log support tickets and more. “We know Jim and his executive team very well,” said Thoma Bravo Managing Partner Seth Boro, “and we support Flexera’s ambitious vision. UBS is acting as financial advisor to Thoma Bravo, and Kirkland & Ellis is serving as legal counsel. 212-731-4778 Contact Flexera with any questions you have, including pricing and purchase information on all Flexera solutions. 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. About Flexera Cloud Management Platform Manage and govern across public and private clouds. “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. 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. Terms of the transaction were not disclosed. The firm’s more than 100 investment professionals are based in Boston, Menlo Park, London, Mumbai and Hong Kong. Flexera acquired Australian based ManageSoft in 2010. Before it's here, it's on the Bloomberg Terminal. phil.nunes@backbaycommunications.com, Ontario Teachers’ Pension Plan media contact Goodwin Procter is serving as separate counsel to TA Associates. Australia and New Zealand, “Flexera Software” means Flexera Software Pty Limited. 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. 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