Thoma Bravo, a leading software investment firm, has announced the completion of its strategic growth investment in BlueMatrix, a leading end-to-end content creation and distribution platform for investment research providers.
Founded in 1999, BlueMatrix’s best-in-class investment research and publishing platform provides investment banks and research analysts with a comprehensive solution across the highly regulated investment research production workflow. Thoma Bravo’s investment is expected to enable BlueMatrix to accelerate global growth and innovation.
“We are thrilled to begin working with Thoma Bravo to accelerate our momentum as we continue to provide unmatched solutions to our clients around the world,” said Patricia Horotan, CEO of BlueMatrix. “By combining Thoma Bravo’s strategic and operational competencies with our team’s track record and culture of innovation, we are now in an even better position to grow our global market leadership position.”
“BlueMatrix’s fully integrated, cloud-based solutions meet the critical needs of investment banks and research analysts working within the highly regulated investment research industry,” said Adam Solomon, a Partner at Thoma Bravo. “We are excited to leverage our deep sector expertise to support BlueMatrix as the company continues to revolutionise investment research workflow through continued innovation.”
“We have long been impressed by Patricia and her team’s leadership and creation of a world-class investment research and publishing platform,” said Chandler Gay, a Vice President at Thoma Bravo. “We look forward to supporting BlueMatrix as the company continues to broaden and strengthen its product offerings.”
Debt financing for the transaction was provided by Golub Capital. Kirkland & Ellis LLP served as legal advisor to Thoma Bravo and Raymond James served as financial advisor. Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. served as legal advisor and Stifel served as financial advisor to BlueMatrix.