IDS and its recently acquired companies, William Stucky and Associates and White Clarke Group, launched a new company identity and will now be known as Solifi.
Thoma Bravo completed its acquisition of Stamps.com for approximately $6.6 billion in cash. Blackstone Credit, credit funds managed by Ares Management, PSP Investments Credit II and Thoma Bravo Credit provided debt financing for the transaction.
IDS agreed to acquire White Clarke Group, a provider of retail, fleet, wholesale and asset finance solutions for the automotive and equipment finance markets.
Truist Securities, Interbank, Nomura Corporate Funding Americas and Barclays provided financing for private equity firm Thoma Bravo’s investment in Venafi, an inventor and provider of machine identity management.
Thoma Bravo, a private equity investment firm focused on the software and technology-enabled services sector, supported Zipari’s combination with Healthx through an investment valuing the company at more than half a billion dollars.
Owl Rock Capital, Goldman Sachs’ merchant banking division, PSP Investments Credit and Harvest Partners provided financing for private equity firm Thoma Bravo’s acquisition of AxiomSL, a provider of cloud-enabled risk management and regulatory solutions.
Ares provided details on new financing commitments. Funds managed by the company’s credit group closed approximately $2 billion in commitments across 31 transactions during the third quarter, totaling $6.4 billion in commitments across 95 transactions year to date.
Ellie Mae, a cloud-based platform provider for the mortgage finance industry, has been acquired by private equity investment firm Thoma Bravo. Jefferies provided financing to support the transaction.
Thoma Bravo, a software-focused private equity investment firm, has acquired a majority stake in Mailgun Technologies, a provider of email infrastructure software, from Turn/River Capital.
Owl Rock Capital provided financing to support Thoma Bravo’s acquisition of business software company ConnectWise. The transaction is expected to close on February 28.