Thoma Bravo's Behind the Deal
Beyond the Flexera Partnership with Seth Boro and Jim Ryan
Dec 21, 2023
Thoma Bravo's Seth Boro and Flexera's Jim Ryan dive into the CEO transition at Flexera and the focus on technology value optimization. They also discuss the challenges of transitioning to a leadership role, gaining credibility, and alternative career paths.
06:56
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Quick takeaways
- Flexera helps companies optimize technology spending, potentially saving hundreds of millions of dollars.
- Jim Ryan's transition from head of sales to CEO required building trust across all functions of the company.
Deep dives
Flexera's business focus and value optimization
Flexera specializes in technology value optimization, helping large companies optimize their technology spending on software, hardware, and cloud services. With up to 30% of technology expenditure being wasted, Flexera aims to identify and eliminate obsolete hardware and software, saving companies hundreds of millions of dollars in the process.
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