
Thoma Bravo's Behind the Deal
Thoma Bravo’s Behind the Deal podcast takes you behind the scenes of one of the largest software investors in the world. You'll hear the strategies and stories behind building Thoma Bravo’s portfolio of innovative, industry-leading software and technology companies. Presented by Orlando Bravo, “Wall Street’s best dealmaker” (Forbes), each episode offers a first-person account from the deal leads and CEOs that forged some of the largest software acquisitions at Thoma Bravo to date, and how they partnered together to innovate and grow those companies.Go ‘behind the deal’ to learn how these deals came together, gaining insight on how Thoma Bravo helps great companies do even greater things.Head to www.thomabravo.com/behindthedeal for information on the podcast, show notes, and more.
Latest episodes

Dec 21, 2023 • 7min
Beyond the Flexera Partnership with Seth Boro and Jim Ryan
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.

Dec 14, 2023 • 37min
How the Flexera Carve-Out Revolutionized IT Management
Thoma Bravo Managing Partner Seth Boro gives an inside look at how the firm can hit the ground running after a platform carve-out investment. Thoma Bravo helped build out Flexera back in 2008, exited in 2011, and is now back for more with a controlling stake as of 2020. Flexera is a company that provides customers with the ability to map their IT spend to better optimize their IT estate. In this episode, Thoma Bravo Managing Partner Seth Boro sits down with Flexera CEO Jim Ryan to talk through the initial carveout, surviving the Great Recession of 2008, and where Flexera goes from here.For more information on Thoma Bravo's Behind the Deal, visit https://www.thomabravo.com/behindthedealLearn more about Thoma Bravo: https://www.thomabravo.com/Visit Flexera's website: https://www.flexera.com/ To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Dec 7, 2023 • 8min
Beyond the ConnectWise Transformation with Mike Hoffmann and Jason Magee
In this Beyond the Deal mini-sode, Thoma Bravo Partner Mike Hoffmann and ConnectWise CEO Jason Magee sit down, and go beyond their business partnership. They chat about their top business role models, their first jobs, and what they’re reading.For more information on Thoma Bravo's Behind the Deal, visit https://www.thomabravo.com/behindthedealLearn more about Thoma Bravo: https://www.thomabravo.com/Visit ConnectWise's website: https://www.connectwise.com/ To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Nov 30, 2023 • 38min
How Thoma Bravo Partnered with Founder-Led ConnectWise to Transform the MSP Industry
The podcast discusses the partnership between Thoma Bravo and ConnectWise, focusing on the importance of shared vision and relationships in business. It explores the significance of a good distribution model and selling to MSP partners. The speakers share their journey to ConnectWise, emphasizing the value of connections and partnerships. They also discuss the focus on partners, operational excellence, and automation, and express gratitude for educating people about ConnectWise.

Nov 22, 2023 • 7min
Beyond the J.D. Power Transformation, with Scott Crabill and David Habiger
In this Beyond the Deal mini-sode, Thoma Bravo Managing Partner Scott Crabill and J.D. Power President and CEO David Habiger’s conversation goes deeper than just their business partnership. The two give insight into their career paths, what failure has taught them, and where they might be today if they weren’t in business together.For more information on Thoma Bravo's Behind the Deal, visit https://www.thomabravo.com/behindthedealLearn more about Thoma Bravo: https://www.thomabravo.com/Visit J.D. Power's website: https://www.jdpower.com/ To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Nov 16, 2023 • 40min
How J.D. Power Uses Data to Drive the Auto Industry Forward
J.D. Power has nearly 80% name recognition for its awards, but its data business is the real hidden gem. In this episode, Thoma Bravo Managing Partner Scott Crabill sits down with J.D. Power’s CEO David Habiger to discuss how the company is bringing together the fragmented auto industry, and how Thoma Bravo has partnered with J.D. Power on acquisition strategy, merging two world-class companies, and flattening organizational structure. The conversation then broadens to include what it was like to navigate a merger during a global pandemic and how to put the right people in the right leadership positions. You’ll also hear insights on the latest auto trends, including electric and autonomous vehicles, connected cars, and shifting retail models.For more information on Thoma Bravo's Behind the Deal, visit https://www.thomabravo.com/behindthedealLearn more about Thoma Bravo: https://www.thomabravo.com/Visit J.D. Power's website: https://www.jdpower.com/ To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Nov 9, 2023 • 6min
Beyond the Syntellis Carve Out, with A.J. Rohde and Flint Brenton
In this Beyond the Deal mini-sode, Thoma Bravo Senior Partner A.J. Rohde and Syntellis CEO Flint Brenton’s conversation continues outside the bounds of their partnership. The two discuss tough customer calls, their favorite software sectors, and who they’re rooting for this season in the NBA.For more information on Thoma Bravo's Behind the Deal, visit https://www.thomabravo.com/behindthedealLearn more about Thoma Bravo: https://www.thomabravo.com/Visit Syntellis's website: https://www.syntellis.com To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Nov 2, 2023 • 38min
How Syntellis Grew from a Software Carveout to a Successful Standalone Company
Learn about the successful carveout and sale of Syntellis, a performance management software business. Explore the challenges hospitals face and the importance of software systems. Discover the rebranding journey, the three-way partnership, and the balancing of healthcare costs and insurance payments.

Nov 2, 2023 • 2min
Behind the Deal is Back for Season 2
For even more inside looks at some of the firm’s biggest deals, Thoma Bravo’s Behind the Deal returns for Season 2. This season, Thoma Bravo partners will sit down with portfolio company CEOs from acquisitions like J.D. Power, ConnectWise, and Syntellis to give a behind the scenes look at some of the carve outs, acquisitions and mergers that have helped make Thoma Bravo the world’s largest tech-buyout firm. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

5 snips
Jul 13, 2023 • 37min
How Orlando Bravo Helped Build the World’s Largest Software Buyout Firm
In the Season One finale of Thoma Bravo’s Behind The Deal, Thoma Bravo Partner Andrew Almeida connects with Thoma Bravo Founder and Managing Partner Orlando Bravo who shares his stories of success and trial and error in building Thoma Bravo. In the interview, Andrew helps listeners get to know Orlando beyond the dealmaking, as he shares inspiring stories about his mentors Carl Thoma and Marcel Bernard, tactics for staying positive and pragmatic in the face of problems, and how he applies the lessons from being a parent to his professional career. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
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