Thoma Bravo acquires majority stake in USU product business

Möglin­gen (Germany)/ London (UK) — Thoma Bravo, a leading soft­ware invest­ment company, has successfully comple­ted the acqui­si­tion of a majo­rity stake in the USU Product busi­ness. USU GmbH (“USU Product”) is the Euro­pean market leader in IT manage­ment solu­ti­ons, with the core areas of IT service manage­ment, IT asset manage­ment, IT opera­ti­ons manage­ment and know­ledge manage­ment. Thoma Bravo is now the new majo­rity share­hol­der in USU Product to acce­le­rate growth and product inno­va­tion. As a result of the closing of the tran­sac­tion, the USU Product busi­ness will operate as an inde­pen­dent unit with more than 600 employees to drive the deve­lo­p­ment, imple­men­ta­tion, support and main­ten­ance of its strong product port­fo­lio. Under the leader­ship of Dr. Benja­min Strehl, the exis­ting manage­ment team will conti­nue to run the busi­ness to ensure conti­nuity for custo­mers. Bern­hard Ober­schmidt, CEO of USU Soft­ware AG, will also be a member of the Board of Direc­tors within the new holding struc­ture of USU Product. “With the closing of the tran­sac­tion, we are now fully focu­sed on expan­ding the USU plat­form and further deve­lo­ping our solu­tion offe­ring to create more value for our custo­mers,” says Benja­min Strehl, CEO of USU Product. “We are plea­sed to announce the closing of our second tran­sac­tion in the DACH region this year,” says Irina Hemmers, Part­ner at Thoma Bravo (Photo: Thoma Bravo). “We see nume­rous oppor­tu­ni­ties to further invest in the regio­nal tech­no­logy ecosys­tem and expand our port­fo­lio. The tran­sac­tion is an important mile­stone in our part­ner­ship with USU Product. Toge­ther, we will now conti­nue to scale and inno­vate the company.” Debt finan­cing for the tran­sac­tion is being provi­ded by funds advi­sed by Morgan Stan­ley Private Credit , clients of Guggen­heim Invest­ments and HSBC Inno­va­tion Banking UK.

About Thoma Bravo

Thoma Bravo is one of the largest soft­ware inves­tors in the world with more than USD 166 billion in assets under manage­ment (as of Septem­ber 30, 2024). The company uses private equity, growth equity and credit stra­te­gies to invest in growth-orien­­ted, inno­va­tive compa­nies opera­ting in the soft­ware and tech­no­logy sectors. Thoma Bravo lever­a­ges its deep indus­try know­ledge and proven stra­te­gic and opera­tio­nal capa­bi­li­ties to work with its port­fo­lio compa­nies to imple­ment best prac­ti­ces in opera­ti­ons and drive growth initia­ti­ves. Over the past 20+ years, the company has acqui­red or inves­ted in more than 500 compa­nies with an enter­prise value of over $265 billion, inclu­ding both control­ling and non-control­­ling invest­ments. The company has offices in Chicago, Dallas, London, Miami, New York and San Fran­cisco. www.thomabravo.com

About USU Soft­ware AG

As a leading provi­der of soft­ware and services for IT and custo­mer service manage­ment, USU enables compa­nies to master the chal­lenges of today’s digi­tal world. Global orga­niza­ti­ons use our solu­ti­ons to cut costs, become more agile and reduce risk — with smar­ter services, simp­ler work­flows and better colla­bo­ra­tion. With more than 45 years of expe­ri­ence and loca­ti­ons world­wide, the USU team brings custo­mers into the future. The USU Digi­tal Consul­ting busi­ness unit remains a wholly owned subsi­diary of USU Soft­ware AG.
http://www.usu.com