PCMI Acquisition by Thoma Bravo Secures Growth for Automotive Software Leader
Deal News | Mar 27, 2025 | CEE Legal Matters
Thoma Bravo, a prominent software investment firm with $179 billion in assets under management, has recently completed the acquisition of PCMI, a company specializing in administration software for finance and insurance products within the automotive and consumer sectors. Advisory support was provided by Wolf Theiss in collaboration with Kirkland & Ellis, while Goodwin Procter reportedly advised PCMI. The transaction is seen as a notable milestone for PCMI, with existing shareholders, including the management team, employees, and Equality Asset Management, continuing to hold minority stakes. Key personnel involved from Wolf Theiss included Partners Katarzyna Wojcik-Bakowska and Krzysztof Libiszewski, as well as Associate Oliwia Kruczynska.
Sectors
- Software Investment
- Automotive and Consumer Finance
- Legal Advisory
Geography
- United States – Thoma Bravo is based in the United States, making this geography relevant to the acquisition.
Industry
- Software Investment – Thoma Bravo is a software investment firm, focused on acquiring and growing software companies.
- Automotive and Consumer Finance – PCMI provides administration software for automotive and consumer finance and insurance products.
- Legal Advisory – Wolf Theiss and other legal advisors played a significant role in the transaction.
Financials
- USD 179 billion – The total assets under management by Thoma Bravo.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Thoma Bravo | Acquiring Company | Company | A software investment firm managing USD 179 billion in assets. |
| PCMI | Target Company | Company | Provider of administration software for finance & insurance products in automotive and consumer end markets. |
| Wolf Theiss | Legal Advisor to Acquiring Company | Company | Advised Thoma Bravo on its acquisition of PCMI. |
| Kirkland & Ellis | Legal Advisor to Acquiring Company | Company | Worked with Wolf Theiss to advise Thoma Bravo. |
| Goodwin Procter | Legal Advisor to Target Company | Company | Reportedly advised PCMI on the transaction. |
| Equality Asset Management | Minority Stakeholder | Company | Retains minority stakes in PCMI post-acquisition. |