Thursday, June 8, 2017

Thoma Bravo Buys Riskonnect

San Francisco-based private equity investor Thoma Bravo has acquired Georgia-based risk management software developer Riskonnect, the company announced on Wednesday. Financial details of the buy were not disclosed. Riskonnect serves the enterprise market with an integrated, risk management software product. Thoma Bravo said Riskonnect's three founders retain a "significant" minority stake in the business.