Tuesday, February 24, 2015

Thoma Bravo Buys PowerPlan

San Francisco-based private equity firm Thoma Bravo said Monday that it has acquired PowerPlan, a developer of accounting, tax, and capital budgeting software. Financial details of the acquisition were not announced. PowerPlan was private equity backed by JMI Equity and TPG Growth, and is based in Atlanta. The company specialized in software for asset-heavy industries.