USU: Thoma Bravo's Strategic Investment in IT Management
Deal News | Dec 05, 2024 | Legal Community MENA
White & Case has been enlisted by Thoma Bravo, a software investment firm, to provide advice for structuring the unitranche and revolving credit facilities in Thoma Bravo's acquisition of a majority stake in USU Product Business. USU is an IT management solutions provider. The advisory team from White & Case was spearheaded by partner Gareth Eagles based in London. This team was bolstered by contributions from associates and partners from various key locations, including Dubai, Frankfurt, and other regions, which highlights the firm’s ability to leverage its international network of professionals to assist in significant cross-border transactions. The acquisition signifies another strategic move by Thoma Bravo to augment its investments within the technology sector.
Sectors
- Private Equity
- Information Technology
- Legal Advisory
Geography
- United States – Thoma Bravo is a US-based software investment firm.
- Germany – The acquisition involves USU Product Business, an IT management solutions provider, which is a German company.
- United Kingdom – White & Case's involvement includes a leading team based in London.
- United Arab Emirates – Legal associate Prema Govind-Hitti from White & Case is based in Dubai, reflecting the firm's engagement in the UAE.
Industry
- Private Equity – The article discusses an acquisition led by Thoma Bravo, a private equity firm, indicating the involvement of the private equity sector.
- Information Technology – USU Product Business operates as an IT management solutions provider which classifies the transaction within the Information Technology sector.
- Legal Advisory – White & Case, a law firm, played a crucial role in advising on the financial aspects of the acquisition, indicating the involvement of the legal advisory industry.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Thoma Bravo | Bidding Company | Company | A software investment firm that is acquiring a majority stake in USU Product Business. |
| USU Product Business | Target Company | Company | An IT management solutions provider that represents the acquisition target. |
| White & Case | Legal Advisor | Company | A law firm providing financial advisory services for the transaction. |
| Gareth Eagles | Legal Advisor | Person | Partner at White & Case leading the advisory team on the transaction, based in London. |