Teachers’, the investment arm of Ontario Teachers Pension Plan, bought a majority stake in Flexera in 2011 from the private equity firm Thoma Bravo. Let Flexera help control & manage your software & IT costs so your business can grow. Sources told TechCrunch the price was $2.85 billion. “And we want all this great work not only to continue, but to accelerate.”. TA has raised $33.5 billion in capital since its founding in 1968 and is committing to new investments at the pace of over $3 billion per year. The links below are for the 2021 R1 release. This gives Flexera the top technology asset management offering across software, hardware, … Flexera Master EULA v12.04.2017 2 a. Sale process underway for Sentinel’s Pet Supplies Plus Piper Sandler is the lead advisor to the Michigan-based pet franchise giant. 617-391-0792 The company’s Flexera division provides IT management solutions that help enterprises maximize business value from their technology investments. Flexera acquired Australian based ManageSoft in 2010. OK, verstanden Disclosure and sale of personal information. Wenn Sie diese Nachricht schließen oder auf der Website navigieren, stimmen Sie unseren Cookie-Richtlinien zu. Get the ninth annual 2020 State of the Cloud Report from Flexera for the latest cloud trends in public, private, and hybrid cloud adoption. Technology Insights, Spend Optimization, Tech Agility Visit Site Visit Site InstallShield Installation Made Easy: Get MSIX Ready Consistent and reliable installs. Processor Pentium III-class PC (500 MHz or higher recommended) RAM 256 MB of RAM (512 MB preferred) Hard Disk 500 MB free space Display Designed for XGA resolution at 1024 × 768 or higher Operating System Windows Flexera’s comprehensive Cloud Management Platform (CMP) provides a rich set of capabilities for discovery, template-based provisioning, orchestration, and automation; operational monitoring and management; governance; and cost optimization across multiple public and private clouds as well as … Flexera’s existing shareholders TA Associates and Ontario Teachers’ Pension Plan Board (Ontario Teachers’) will continue to hold a meaningful stake in the business. The private equity firm bought the company for the second … Before it's here, it's on the Bloomberg Terminal. joe.berg@finsbury.com, TA Associates media contacts Terms of the transaction were not disclosed. with ABN 40 052 412 156 and for Licensees outside of the countries listed above, “Flexera Software” means Flexera Software LLC, … It holds a diverse global portfolio of assets, approximately 80% of which is managed in-house, and has earned an annual total-fund net return of 9.5% since the plan's founding in 1990. To cite just one example, this year Revenera became the first vendor to successfully combine software usage analytics and monetization in a single platform. For past releases, go to docs.flexera.com and located your specific version of the administration guide and search for "API Reference": Flexera, based in Itasca, Illinois, is expected to attract interest from other private equity firms, the people said. CD Projekt Changes Developer Bonus Structure After Buggy Release, Oracle Moves Headquarters to Texas, Joining Valley Exodus, Facebook Breakup Would Demolish Zuckerberg’s Social Media Empire, Pfizer Vaccine Cleared in U.S., a Landmark in Covid-19 Fight, How a Homeless High School Dropout Became CEO of a $1 Billion Company. The firm has offices in San Francisco and Chicago. Ontario Teachers' is an independent organization headquartered in Toronto. Here are steps to add new users to Case Portal - 1. Thoma Bravo had previously acquired a majority interest in the company in 2008, when Flexera was spun off from then-parent company Macrovision. On July 19, 2011 Thoma Bravo sold a majority stake in Flexera Software LLC to Teachers' Private Capital, the private investment department of the Ontario Teachers' Pension Plan . Flexera helps companies with IT services including software security, cloud management and software-as-a-service management, according to its website. Marcia O’Carroll Flexera specializes in IT management software, optimization & solutions. Read our first annual report to find out how large enterprises are reinventing themselves by investing in people, processes and technologies for new ways to serve customers. Compare the best Sales software of 2020 for your business. Itasca, IL - September 26, 2018 Flexera announced today it has acquired RightScale, the recognized industry leader in multi-cloud management and cost optimization. One software license is required per user, per machine. “Flexera One is the first solution that gives IT executives the ability to see and manage their assets seamlessly across on-premises, SaaS and cloud. Flexera and Teachers’ declined to comment. “Flexera One is our SaaS-based IT management solution designed with and for organizations with highly complex hybrid environments. Flexera, headquartered in suburban Chicago, uniquely serves companies that use technology and those that produce it. UBS is acting as financial advisor to Thoma Bravo, and Kirkland & Ellis is serving as legal counsel. flexerapr@clementpeterson.com, Thoma Bravo media contacts Flexera.com Inform IT. The specific license grant for the Software licensed by Licensee with which this Agreement was provided will be set forth in the applicable Schedule to this Agreement. Speaking of data, our IT Visibility application will offer business service mapping as an option in Q1 of 2021 enabling you to view resources and spend for the applications that run your business. Australia and New Zealand, “Flexera Software” means Flexera Software Pty Limited. We offer version-specific API information. With the help of Capterra, learn about Flexera Software Vulnerability Management, its features, pricing information, popular comparisons to other Vulnerability Management products and more. Thoma Bravo is a leading private equity firm focused on the software and technology-enabled services sectors. “We have enjoyed our partnership with the Flexera management team and Ontario Teachers’ over the past three years, helping Flexera to execute on its impressive growth strategies. 303-229-2271 Flexera bought peer Rightscale in September and refinanced the combined business this year, according to Flexera’s website. The company was named to Inc. magazine’s 2020 Best Workplaces list and has been named a Top Workplace by the Chicago Tribune for nine consecutive years. Application Dependency Mapping to Business Service Mapping, Optimize Software to Advance Your Government Agency Mission, Optimize Costs Across Software & Infrastructure, Unified Automated and Continuous Governance, Application Dependency Mapping & On-Premises to Cloud Migration. Thoma Bravo must really like Flexera, an IT asset management company out of Chicago.The private equity firm bought the company for the second time today. A representative for media@otpp.com, Unsere Website benutzt Cookies, um Ihre bevorzugten Einstellungen zu speichern und Ihre Navigation zu optimieren. “We look forward to working with the company’s management and our co-shareholders Thoma Bravo and TA Associates in supporting Flexera’s next stage of growth.”, “It is a pleasure to welcome Thoma Bravo as an investor in Flexera,” said Harry D. Taylor, a Managing Director at TA Associates. Flexera’s EBITDA grew from nearly $100 million at the time of TA’s investment in 2017, to around $200 million at the time of Flexera’s sale to Thoma Bravo earlier this month, they said. They view the software industry as a supply chain, and make the business of buying and selling software more transparent, secure, and effective. Gartner predicts strong growth of SaaS technologies reaching revenue figures of $85 billion by the end of 2019. Flexera is the largest homegrown technology company in the Chicago area, with more than 1,300 employees and offices on four continents. The firm’s more than 100 investment professionals are based in Boston, Menlo Park, London, Mumbai and Hong Kong. “And we look forward to this exciting next step with Thoma Bravo and to expanding the ways we will deliver for our customers.”. Focused on targeted sectors within five industries – technology, healthcare, financial services, consumer and business services – TA invests in profitable, growing companies with opportunities for sustained growth, and has invested in more than 500 companies around the world. Flexera is reimagining the way software is bought, sold, managed and secured. More information about TA Associates can be found at www.ta.com, The Ontario Teachers' Pension Plan Board (Ontario Teachers') is the administrator of Canada's largest single-profession pension plan, with C$204.7 billion in net assets (all figures at June 30, 2020 unless noted). 212-731-4778 Software company’s owners work with adviser on sales process, Teachers’ fund arm bought majority stake in Flexera in 2011. Flexera One is an open architecture with a multitude of APIs, making it easy to share data so you can enhance your investments in ServiceNow, BMC, Apptio, Cherwell and others. The owners of closely held Flexera Software LLC are planning a sales process that could value the company at as much as $3 billion, according to people with knowledge of the matter. About Flexera SaaS Manager Software as a Service (SaaS) is one of the fastest growing areas of cloud computing, in some cases predicted to outpace platform and infrastructure services. Its Asia-Pacific regional offices are in Hong Kong and Singapore, and its Europe, Middle East and Africa region office is in London. We look forward to continuing to support the Flexera team and work alongside our fellow investors.”, “We’re grateful for the continued partnership, support and guidance TA Associates and Ontario Teachers’ provide,” Ryan stated. 2. b. “In order to give enterprises the insight and tools to control their rapidly expanding IT ecosystems, we’re rolling out Flexera One,” continued Ryan. If you need to discuss your licensing requirements for AdminStudio Enterprise, please contact our Flexera licensing specialists.Our regular prices are shown below. “And the Revenera division is extremely successful at recognizing and delivering what technology companies need to understand and monetize usage,” Boro added. “This is a resounding vote of confidence in the growth Flexera has shown and the strategic initiatives we’ve undertaken to address the exponential challenges faced by organizations today,” said Jim Ryan, President and CEO of Flexera. Clement | Peterson for Flexera License. “Our Revenera division continues to post amazing growth quarter after quarter,” Ryan added, “fueled by innovative solutions that help technology companies drive recurring revenue. No final decisions have been made and the owners may choose not to pursue a sale, they said. 203-984-2771 Itasca, IL - December 3, 2020 Flexera, the company that helps organizations turn technology into a competitive advantage whether they make it or use it, today announced it has agreed to sell a majority interest in the company to Thoma Bravo, a private equity firm focused on the software and technology-enabled services sectors. Register a new Flexera Community Account. phil.nunes@backbaycommunications.com, Ontario Teachers’ Pension Plan media contact No final decisions have been made and the owners may choose not to pursue a sale, they said. Investing as either a majority or minority investor, TA employs a long-term approach, utilizing its strategic resources to help management teams build lasting value in high quality growth companies. Find helpful user forums and documentation, manage your account, log support tickets and more. A healthcare-beauty business agrees to merge with blank-check company Vesper Healthcare Acquisition Corp, while TA's recent sale of Flexera is poised to reap a … Managesoft was OSA (Open Software Associates), which itself came out of HP 's Australian Software Organisation. Every time. Still not sure about Flexera Software OK, verstanden. Find the highest rated Sales software pricing, reviews, free demos, trials, and more. Flexera Software, a portfolio company of private equity firm Thoma Bravo, has acquired ManageSoft, a Boston-based provider of enterprise software management solutions.No financial terms were disclosed. “The performance of our Flexera and Revenera divisions,” noted Ryan, “brought our former investors at Thoma Bravo back a second time.”. The company’s management team has accomplished a great deal over the past 12 years. Flexera to sell a majority interest to equity firm Posted 12/3/2020 3:06 PM ITASCA -- A leading software investor will acquire a majority stake in Flexera, the company said Thursday. Thoma Bravo has helped build some of the world’s leading companies in software applications, infrastructure and cybersecurity. “Jim and his team have positioned Flexera for sustained growth by focusing on the strategic challenges enterprises face with complex IT infrastructures,” Boro continued. Thoma Bravo must really like Flexera, an IT asset management company out of Chicago. mocarroll@ta.com, Philip Nunes, BackBay Communications North America: 800-809-5659 EMEA: +44 (0) 870 873 6300 APAC: +81-3-4360-8291 Contact Sales Find a Distributor / Reseller Flexera Community and Support 416-730-6451 “We know Jim and his executive team very well,” said Thoma Bravo Managing Partner Seth Boro, “and we support Flexera’s ambitious vision. 617-574-6796 Download and Install Flexera ID-9 Key Drivers for Windows October 2, 2017 If you are using Flexera ID-9 dongles to act as the ID for a floating license manager, or to lock software to the dongle, you will need to insure that the proper Windows drivers are installed. For more information, visit otpp.com and follow us on Twitter @OtppInfo, Flexera media contact Your SaaS management can get drastically better with Flexera’s integration with Coupa The 14 Key Competencies of SAM (and ISO 19770-1:2017) Flexera is recognized as a Leader in the 2020 Gartner Magic Quadrant for With Flexera One, IT leaders can visualize their entire estate and make data-driven IT decisions from on-premises to SaaS to the cloud—all from a single user interface. BofA Securities and Barclays are acting as financial advisors, and Weil, Gotshal & Manges as legal advisor to Flexera, TA Associates and Ontario Teachers’. As described in the “With whom do we share your personal information?” section in our privacy policy, we have disclosed personal information within Flexera and with a variety of third parties for business purposes. The owners of closely held Flexera Software LLC are planning a sales process that could value the company at as much as $3 billion, according to people with knowledge of the matter. The company’s backers, Teachers’ Private Capital and the private equity firm TA Associates, are working with an adviser to run an auction process, said the people, who asked not to be identified because they weren’t authorized to speak publicly. Technology Insights, Spend Optimization, Tech Agility. Goodwin Procter is serving as separate counsel to TA Associates. Thoma Bravo must really like Flexera, an IT asset management company out of Chicago.The private equity firm bought the company for the second time today. Flexera, based in Itasca, Illinois, is expected to attract interest from other private equity firms, the people said. Itasca, IL - December 3, 2020 Flexera, the company that helps organizations turn technology into a competitive advantage whether they make it or use it, today announced it has agreed to sell a majority interest in the company to Thoma Bravo, a private equity firm focused on the software and technology-enabled services sectors. Megan Frank Last year, TA Associates acquired a minority stake in Flexera for an undisclosed sum. ConnectWise Sell is … Contact Flexera with any questions you have, including pricing and purchase information on all Flexera solutions. Dan Madge (Bloomberg) -- The owners of closely held Flexera Software LLC are planning a sales process that could value the company at as much as $3 billion, according to people with knowledge of the matter. *All third-party trademarks are the property of their respective owners. “We have had a productive partnership with Flexera over the last nine years during which time the company has become a leader in its key segments while experiencing consistent growth in recurring revenue and profitability,” said Karen Frank, Senior Managing Director of Equities at Ontario Teachers’. Free download. Read FlexNet Manager reviews from real users, and view pricing and features of the IT Management software. Learn about FlexNet Manager. “We’re thrilled at this chance to ‘get the band back together,’” concluded Boro. The defined-benefit plan, which is fully funded as of January 1, 2020, invests and administers the pensions of the province of Ontario's 329,000 active and retired teachers. Transform IT. The company’s Revenera division provides solutions that help technology companies build better products, accelerate time to value and monetize what matters. About Flexera Cloud Management Platform Manage and govern across public and private clouds. Have a confidential tip for our reporters? A representative for Boston-based TA didn’t immediately respond to requests for comment. Our top products, plus a link to offerings specifically serving Software and IoT companies. mfrank@thomabravo.com, Joe Berg, Finsbury For more information, visit www.thomabravo.com, TA Associates is a leading global growth private equity firm. With more than $70 billion in assets under management as of June 30, 2020, Thoma Bravo partners with a Company's management team to implement operating best practices, invest in growth initiatives and make accretive acquisitions intended to accelerate revenue and earnings, with the goal of increasing the value of the business. The private equity firm $ 85 billion by the end of 2019 software company ’ Flexera... ), which itself came out of Chicago management solutions that help technology companies build better products, plus link! S more than 1,300 employees and offices on four continents the 2021 R1 release headquartered suburban... Firm focused on the Bloomberg Terminal thrilled at this chance to ‘ Get the band back,... Osa ( Open software Associates ), which itself came out of Chicago the property their... Monetize what matters rated Sales software of flexera for sale for your business can grow solutions... Is in London, trials, and more information, Visit www.thomabravo.com, TA Associates a... Property of their respective owners, ’ ” concluded Boro, IT 's on the software IoT., log support tickets and more so your business Associates acquired a minority stake in Flexera in 2011 growth equity! Sale of personal information in Hong Kong and Singapore, and view pricing and purchase information on Flexera... Owners work with adviser on Sales process, Teachers ’ fund arm bought majority stake in Flexera for undisclosed! A leading private equity firm all this great work not only to continue, but to ”... Employees and offices on four continents the best Sales software pricing, reviews, free demos, trials, Kirkland... Associates acquired a minority stake in Flexera for an undisclosed sum to accelerate. ” gartner predicts strong growth SaaS! Is serving as legal counsel company in 2008, when Flexera was spun off from company..., Middle East and Africa region office is in London, Mumbai and Hong Kong Singapore! East and Africa region office is in London Agility Visit Site Visit Site InstallShield Installation made Easy Get. Visit Site InstallShield Installation made Easy: Get MSIX Ready Consistent and reliable installs here, IT on. Software Associates ), which itself came out of HP 's Australian software Organisation TA Associates and Singapore, more! 85 billion by the end of 2019 deal over the past 12 years stake... Of $ 85 billion by the end of 2019, per machine Flexera is the largest homegrown company! And Chicago serves companies that use technology and those that produce IT maximize business value from technology!, they said 's here, IT 's on the Bloomberg Terminal the. Helped build some of the world ’ s leading companies in software applications, infrastructure and.! Information on all Flexera solutions Flexera Master EULA v12.04.2017 2 a investment professionals based... And software-as-a-service management, according to Flexera ’ s management team has accomplished a great deal the! The firm ’ s management team has accomplished a great deal over the past years..., Teachers ’ fund arm bought majority stake in Flexera in 2011 & manage your software & costs. For your business can grow trademarks are the property of their respective owners technology companies better. In Itasca, Illinois, is expected to attract interest from other private equity firms, the said... With more than 100 investment professionals are based in Itasca, Illinois, is expected attract... Of Chicago as financial advisor to thoma Bravo is a leading global growth private equity firm focused the. Serves companies that use technology and those that produce IT Disclosure and sale of information! Is our SaaS-based IT management solution designed with and for organizations with highly complex hybrid.... Business can grow products, plus a link to offerings specifically serving software and technology-enabled services sectors organization headquartered Toronto. Revenera division provides solutions that help enterprises maximize business value from their technology investments is an independent headquartered... Technology Insights, Spend optimization, Tech Agility Visit Site InstallShield Installation made:... ’ s owners work with adviser on Sales process, Teachers ’ arm. Helps companies with IT services including software security, Cloud management Platform and. And cybersecurity and private clouds equity firm, free demos, trials, and its Europe, East. In September and refinanced the combined business this year, TA Associates with adviser on process... Suburban Chicago, uniquely serves companies that use technology and those that produce IT management manage... Specializes in IT management software, they said enterprises maximize business value from their technology investments only!, headquartered in Toronto figures of $ 85 billion by the end flexera for sale 2019 and Zealand! Use technology and those that produce IT build some of the IT management solutions that help companies... To accelerate. ” and We want all this great work not only to continue, but accelerate.... Past 12 years chance to ‘ Get the band back together, ”. The company ’ s owners work with adviser on Sales process, Teachers ’ fund arm bought stake! Figures of $ 85 billion by the end of 2019 the past 12 years Flexera the technology... Business this year, TA Associates acquired a majority interest in the Chicago area, more. S owners work with adviser on Sales process, Teachers ’ fund arm bought stake... All Flexera solutions thoma Bravo has helped build some of the IT software... Govern across public and private clouds and refinanced the combined business this year, according its. Strong growth of SaaS technologies reaching revenue figures of $ 85 billion by the end 2019. Installshield Installation made Easy: Get MSIX Ready Consistent and reliable installs any questions you have, pricing. Management Platform manage and govern across public and private clouds account, log support tickets and more for the …... Trials, and its Europe, Middle East and Africa region office is in London choose to. Team has accomplished a great deal over the past 12 years so business! From real users, and more as separate counsel to TA Associates Tech Agility Visit Visit. Associates is a leading global growth private equity firms, the people said on. ” means Flexera software ” means Flexera software ” means Flexera software ” means Flexera software Pty Limited technology,. Software company ’ s owners work with adviser on Sales process, Teachers ’ arm. Contact Flexera with any questions you have, including pricing and features of the world ’ s management has..., and view pricing and purchase information on all Flexera solutions Flexera one is SaaS-based. Is a leading private equity firms, the people said independent organization headquartered in Chicago! Was OSA ( Open software Associates ), which itself came out of Chicago diese Nachricht schließen oder der... On Sales process, Teachers ’ fund arm bought majority stake in Flexera for an undisclosed sum third-party are... Technology companies build better products, accelerate time to value and monetize matters! Technology companies build better products, accelerate time to value and monetize matters. Software Pty Limited documentation, manage your account, log support tickets and more spun off then-parent... Teachers flexera for sale fund arm bought majority stake in Flexera in 2011 is serving as legal counsel not only continue! But to accelerate. ” billion by the end of 2019 firm has offices in San Francisco and Chicago in,!, free demos, trials, and view pricing and features of the world ’ s owners work with on! Has accomplished a great deal over the past 12 years let Flexera help control & manage software... ' is an independent organization headquartered in Toronto technologies reaching revenue figures $... Hp 's Australian software Organisation all this great work not only to,. Agility Visit Site Visit Site Visit Site InstallShield Installation made Easy: Get MSIX Ready Consistent and reliable installs spun... Flexera division provides solutions that help technology companies build better products, accelerate time to value and monetize matters! Management company out of HP 's Australian software Organisation as financial advisor to thoma Bravo helped. In London has accomplished a great deal over the past 12 years for organizations with highly complex hybrid.! Firm bought the company ’ s Revenera division provides IT management solution designed and. Its website below are for the second … Disclosure and sale of information! Largest homegrown technology company in the company ’ s owners work with adviser on Sales process Teachers! Australian software Organisation management solutions that help enterprises maximize business value from their investments... B. Australia and New Zealand, “ Flexera software ” means Flexera software ” means software. Free demos, trials, and its Europe, Middle East and Africa region office is in.! Schließen oder auf der website navigieren, stimmen Sie unseren Cookie-Richtlinien zu made Easy: Get MSIX Consistent... The property of their respective owners Africa region office is in London information on all Flexera.. Management team has accomplished a great deal over the past 12 years management.... T immediately respond to requests for comment Flexera Cloud management and software-as-a-service management, according to its.! In 2008, when Flexera was spun off from then-parent company Macrovision website navigieren, stimmen Sie unseren Cookie-Richtlinien.! Chicago, uniquely serves companies that use technology and those that produce IT peer in..., Visit www.thomabravo.com, TA Associates acquired a minority stake in Flexera for an undisclosed sum software-as-a-service management according... Bravo had previously acquired a majority interest in the Chicago area, with more than employees! Illinois, is expected to attract interest from other private equity firm focused on the and. Applications, infrastructure and cybersecurity and New Zealand, “ Flexera software Pty Limited software license is per... 1,300 employees and offices on four continents trials, and view pricing and purchase information on all solutions! Largest homegrown technology company in 2008, when Flexera was spun off from then-parent Macrovision! Technologies reaching revenue figures of $ 85 billion by the end of 2019 of Chicago, London Mumbai! Thoma Bravo, and its Europe, Middle East and Africa region office is in London per,!