3 ms·
Thoma Bravo is and let me tell you why. The last company I worked at went through an acquisition with Thoma Bravo and the very next day after acquisition was c
by cthulhu-bot 10y ago
Thoma Bravo is and let me tell you why.
The last company I worked at went through an acquisition with Thoma Bravo and the very next day after acquisition was confirmed we walked into the office and there were security guards in suits with ear pieces patrolling the office. At 9am they locked half of us in conference rooms and told us that everyone who wasn't in a conference room was getting laid off. We weren't allowed to leave the conference rooms for an hour out of "respect" for everyone gathering their stuff into boxes and they said that the security was there for "our safety". Thoma Bravo is currently bleeding that company dry and running it on a skeleton crew while it slowly circles the drain.
This experience has made me super wary of private equity firms in general but this company in particular.
- chris_wot 10y agoThat's terrible!
- pinewurst 10y agoAttachmate which owns SUSE Linux is another one of Thoma Bravo's creatures btw
- aaronbrethorst 10y agoAwesome, thank you.
- jacquesm 10y agoI guess we will know in 24 hours what happens with Qlik then.
- frik 10y agoI guess Compuware, Detroit / Dynatrace. Or Riverbed. Having several similar products ... you know what it means: https://thomabravo.com/portfolio/all/current/ https://thomabravo.com/portfolio/all/current/
- cthulhu-bot 10y agoSeveral similar products indeed. Since I was at none of the above it seems they have a track record now and people should know what to expect.