Thoma Bravo Advantage

General Information
Business:

Thoma Bravo Advantage is a blank check company backed and led by Thoma Bravo, a software-focused private equity firm.

Orlando Bravo, the chairman of Thoma Bravo Advantage’s board, is a founder and a managing partner of Thoma Bravo. He led the private equity firm’s early entry into software buyouts and built the firm into one of the world’s top private equity companies. Mr. Bravo has overseen more than 270 software acquisitions, representing more than $79 billion in transaction value. Forbes named him “Wall Street’s best dealmaker” in 2019.

In a letter included in the prospectus, the company says: “As an experienced software investor, we have partnered with management teams to build world-class businesses. These investments include now-public companies such as Dynatrace, SailPoint and SolarWinds, which have significantly increased their revenue and earnings since Thoma Bravo’s initial investment.”

(Note: This is an offering of Class A ordinary shares. Most SPAC IPOs are unit offerings.) 

 

 

 

Industry: BLANK CHECKS
Employees: 0
Founded: 2020
Contact Information
Address 150 N. Riverside Plaza, Suite 2800 , Chicago, Illinois 60606, US
Phone Number (312) 254-3300
Web Address
View Prospectus: Thoma Bravo Advantage
Financial Information
Market Cap $1125mil
Revenues $0 mil (last 12 months)
Net Income $0 mil (last 12 months)
IPO Profile
Symbol TBA.U
Exchange NYSE
Shares (millions): 90.0
Price range $10.00 - $10.00
Est. $ Volume $900.0 mil
Manager / Joint Managers Citigroup/ Deutsche Bank Securities/ Goldman Sachs/ Credit Suisse
CO-Managers -
Expected To Trade: 1/15/2021
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change