PCMI Partners with Thoma Bravo for Strategic Growth Investment
Deal News | Mar 17, 2025 | Thoma Bravo
Thoma Bravo, a prominent software-focused investment firm, has announced a strategic growth investment in PCMI, a leading provider of cloud-based administration software for finance and insurance products across automotive and consumer end markets. Existing PCMI shareholders, including management, employees, and Equality Asset Management, will retain minority stakes in the firm. PCMI has established itself as a global leader with its PCRS platform streamlining key processes for third-party administrators, dealers, and lenders. The partnership aims to leverage Thoma Bravo's expertise to enhance the platform and accelerate global growth. Financial and legal advisors included William Blair and Goodwin Procter for PCMI and EAM, while TD Cowen and Kirkland & Ellis LLP advised Thoma Bravo.
Sectors
- Software and Technology
- Finance and Insurance
- Private Equity
Geography
- United States – Thoma Bravo and PCMI both have significant operations and headquarters in the U.S., making it a primary geographical location.
- Global – PCMI has a global presence with operations in North America, Europe, and Asia, underlining its international market engagement.
Industry
- Software and Technology – The article centers around Thoma Bravo, a software investment firm, investing in PCMI, which provides administration software solutions in the finance and insurance sectors.
- Finance and Insurance – PCMI's software solutions are tailored for finance and insurance products in the automotive and consumer markets, making this sector relevant.
- Private Equity – Thoma Bravo's strategic investment in PCMI highlights the role of private equity in expanding and supporting tech companies.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Thoma Bravo | Bidding Company | Private Equity | A renowned software-focused private equity firm known for investing in technology companies. |
| PCMI | Target Company | Company | A global leader in cloud-based software for finance and insurance products in automotive and consumer markets. |
| Equality Asset Management (EAM) | Existing Shareholder | Private Equity | A private equity firm providing capital and support to market-leading software companies. |
| William Blair | Financial Advisor to PCMI and EAM | Company | Acted as the financial advisor to PCMI and EAM for the transaction. |
| Goodwin Procter | Legal Counsel to PCMI and EAM | Company | Provided legal counsel to PCMI and EAM in the transaction. |
| TD Cowen | Financial Advisor to Thoma Bravo | Company | Acted as the financial advisor to Thoma Bravo. |
| Kirkland & Ellis LLP | Legal Counsel to Thoma Bravo | Company | Provided legal services to Thoma Bravo for their investment in PCMI. |