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Dynatrace sold by Thoma Bravo: $875.79m-August 5
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Dynatrace : Announces Pricing of Public Offering by Selling Stockholders
Software intelligence company, Dynatrace, Inc. (NYSE: DT), today announced the pricing of an underwritten public offering of 25,000,000 shares of common stock by certain selling stockholders of Dynatrace at a public offering price of $41.10 per share. In addition, such selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 3,750,000 shares at the public offering price, less underwriting discounts and commissions. The offering is expected to close on August 5, 2020, subject to customary closing conditions. Goldman Sachs & Co. LLC and Morgan Stanley are acting as joint book-running managers for the offering.
https://www.marketscreener.com/DYNATRACE-INC-63216144/news/Dynatrace-Announces-Pricing-of-Public-Offering-by-Selling-Stockholders-31045958/
Dynatrace Inc offers software intelligence platform for the enterprise cloud. The Company has designed its software intelligence platform to allow customers to modernize and automate information technology (IT) operations. Its product Dynatrace is able to provide real-time actionable insights about the performance of customers’ entire software ecosystem by integrating high fidelity, Web-scale data mapping its dependencies in real-time, and analyzing them with an open, deterministic artificial intelligence (AI) engine. Dynatrace has designed to maximize flexibility and control of the rich monitoring data captured and analyzed by platform. In also provides updates and enhancements automatically on a monthly basis while allowing customers the flexibility and control to adhere to their own data security and sovereignty requirements.
Number of employees : 2 243 people.
https://www.marketscreener.com/DYNATRACE-INC-63216144/company/
Thoma Bravo, LLC, is an American private equity and growth capital firm headquartered in Chicago with an additional office in San Francisco.
Thoma Bravo has done 230 software deals worth over $68 billion since 2003 and oversees a portfolio of 38 software companies that generate some $12 billion in annual revenue and employ 40,000 people. In October 2019, Forbes estimated the value of the firm, which is owned entirely by Bravo and a handful of his partners, at $7 billion. In January 2019, Thoma Bravo was managing private equity funds representing over $30 billion in equity commitments. Thoma Bravo is the successor to the firm Golder Thoma & Co., which was established in 1980 by Stanley Golder and Carl Thoma. Thoma Bravo has sold or listed 25 investments worth a total of $20 billion, four times their cost. In October 2019, Thoma Bravo co-founder and managing partner Orlando Bravo was named the first Puerto Rican-born billionaire as he debuted at 287th place on the Forbes 400 ranking of the richest Americans.
Bravo began his professional career working in mergers and acquisitions for Morgan Stanley. In 1997, he joined Thoma Bravo's predecessor firm, Thoma Cressey Equity Partners, Inc. (TCEP.) In the early 2000s Carl Thoma, a co-founder of the firm, allowed Bravo to lead the acquisition of product distribution software provider Prophet 21. Bravo serves on Brown University's President Council and was a member of Stanford Law School Board of Visitors in 2006. In April 2019, Bravo committed a $25 million gift to Brown University that will establish two professorships and the Orlando Bravo Center for Economics Research. In the wake of Hurricane Maria, which devastated the island of Puerto Rico, Bravo donated $10 million through the Bravo Family Foundation's Podemos Puerto Rico Fund
https://www.bravofamilyfoundation.org/our-team/
Aid included chartering planes to carry cargo, including satellite phones, water, water purifiers, medicine and diapers. In May 2019, Bravo donated $100 million to the Bravo Family Foundation to promote entrepreneurship and economic development in Puerto Rico.
https://en.wikipedia.org/wiki/Orlando_Bravo
https://www.finviz.com/insidertrading.ashx?oc=1813487&tc=7&b=2
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