Clients
Thoma Bravo serves 153 clients. The average client has about $1.20 billion with the firm.
- Pooled investment vehicles153 clients100%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 153 | $182,937,300,000 | 100.0% | $1.20B |
| Total | 153 | $182,937,300,000 | 100% | $1.20B |
- Clients
- 153
- Regulatory AUM
- $182,937,300,000
- Share
- 100.0%
- Avg. per client
- $1.20B
Total
- Clients
- 153
- Regulatory AUM
- $182,937,300,000
- Share
- 100%
- Avg. per client
- $1.20B
What it does
Thoma Bravo provides other activities. It is paid through a percentage of assets and performance-based fees.
Thoma Bravo advises 151 private funds.
100.0% of assets ($182.94B across 153 accounts) are managed with discretion. 28% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
Custodians
Thoma Bravo has custody of $182.94B for 153 clients.
- All other custodians$182.94B100%
Ownership and leadership
- Owns 10% to 25% of Thoma Bravo, L.P.
Orlando Bravo
Control person · since March 2008
- Owns 10% to 25% of Thoma Bravo, L.P.
Samuel Crabill
Control person · since March 2008
- Owns 10% to 25% of Thoma Bravo, L.P.
Lee Mitchell
Control person · since March 2008
- Owns 10% to 25% of Thoma Bravo, L.P.
Carl Thoma
Control person · since March 2008
- Owns 10% to 25% of Thoma Bravo, L.P.
Seth Boro
Control person · since June 2014
- Owns 10% to 25% of Thoma Bravo, L.P.
Paul Spaht
Control person · since June 2014
Leadership
- Amy RedenbaughManaging Director, Chief Financial Officer
- Jennifer AlperManaging Director, Chief Operating Officer, Head of Investor Relations & Marketing
- Steven SchwabManaging Director, General Counsel and Chief Compliance Officer
- Seth BoroManaging Partner / Limited Partner
- Orlando BravoManaging Partner / Limited Partner
- Samuel CrabillManaging Partner / Limited Partner
- Lee MitchellManaging Partner / Limited Partner
- Gerald NowakManaging Director, Chief Administrative and Legal Officer
- Paul SpahtManaging Partner / Limited Partner
- Carl ThomaManaging Partner / Limited Partner
Staff
- 246 employees
- 89 in advisory functions
- 18 broker-dealer reps
- 1 soliciting firm
Reported holdings
Thoma Bravo’s reported 13F holdings total $7.28B across 3 positions, and the ten largest make up 100.0% of it.
- $7.28B
- Reported 13F value
- 3
- Positions
- 100.0%
- In the 10 largest
- +9.5%
- Value vs. prior quarter
- Sailpoint Inc.96.5%
- N-able Inc.2.5%
- Servicetitan Inc. · Shs CL A1.0%
Together, the ten largest are 100.0% of reported value.
A 13F covers only exchange-traded long positions the firm holds with discretion, so this $7.28B is not its $182.94B in regulatory assets and does not represent any individual client's portfolio.
Fees
Thoma Bravo is paid through a percentage of assets under management and performance-based fees.
Thoma Bravo’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Thoma Bravo has 6 offices, with 5 listed addresses across 5 states.
California · 1 listed address
- One Market Plaza, Spear Tower, San Francisco
Florida · 1 listed address
- 830 Brickell Plaza, Miami
Illinois · 1 listed address
- 110 North Wacker Drive, 32nd Floor, ChicagoHQ
New York · 1 listed address
- 375 Park Avenue, New York
Texas · 1 listed address
- 1925 Cedar Springs Road, Dallas
Other business names
Thoma Bravo has reported 1 other business name to the SEC.
- Thoma Bravo
Registration details
- Legal name
- Thoma Bravo, L.P.
- Headquarters
- 110 North Wacker Drive, 32nd Floor, Chicago, IL 60606-1511
- Phone
- 312-254-3300
- Website
- thomabravo.com
- SEC file
- 801-73780
- Structure
- Delaware limited partnership
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Thoma Bravo have?
Thoma Bravo has 153 clients and manages $182.9 billion for them, as of March 2026.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026
What services does Thoma Bravo offer?
Thoma Bravo provides other activities.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How many financial advisors does Thoma Bravo have?
Thoma Bravo has 0 investment adviser representatives registered with state securities authorities, out of 246 employees, and 89 perform investment advisory functions. 18 are registered representatives of a broker-dealer and 0 are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
Who owns Thoma Bravo?
Thoma Bravo’s direct owners are Orlando Bravo, Samuel Crabill, Lee Mitchell, Carl Thoma, Seth Boro and Paul Spaht, each holding 25% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 31 March 2026
How does Thoma Bravo get paid?
Thoma Bravo is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
