Thoma Bravo, LLC. Completes Acquisition of Empirix
Billerica, MA – Nov. 4, 2013 – Thoma Bravo, LLC., a leading private equity investment firm, has completed its acquisition of Empirix Inc., the recognised leader in end-to-end network testing, monitoring and analytics solutions.
“Empirix has become a highly successful company in a rapidly expanding market segment,” said Robert Sayle, principal at Thoma Bravo.
“Thoma Bravo and Empirix management have identified significant growth opportunities within the network services industry and look forward to growing the business through quality customer experiences, innovative solutions and strategic acquisitions,” added Seth Boro, managing partner at Thoma Bravo.
Empirix helps service providers, mobile operators and enterprises master complexities within their networks. The company optimises business performance with real-time intelligence to reduce operational costs, maximise customer retention and grow top-line revenues. Customers include top communication service providers, mobile operators, banks, insurance and healthcare companies.
“I am excited about the opportunity Thoma Bravo brings to Empirix to accelerate our business strategy,” said Empirix CEO John D’Anna. “We share a common vision of bringing together a fragmented industry to provide optimal end-to-end solutions for our customers. Empirix has nearly doubled in revenue during the last five years, and by partnering with Thoma Bravo we have the additional support to capture the substantial growth potential in the market.”
Empirix has achieved considerable growth over the past five years, reporting 22 percent year-over-year revenue growth in 2012, partially driven by a significant increase in bookings from global Tier 1 mobile operators. The company made the Inc. 5000 list of the fastest-growing privately held companies in each of the last five years, and was also featured in a 2013 series of Gartner Inc. reports on unified communications pre-and-post deployment recommendations.
The acquisition was previously announced in a statement issued Oct. 9. Financial terms were not disclosed.
Empirix is the recognised leader in end-to-end network performance visibility with the unique ability to analyse customer behaviours, by application, in real-time, through an innovative approach to enabling the build-out of the Service Operations Center model. We help service providers, mobile operators, contact centres and businesses master complexities to drive improvements in customer experience and user satisfaction. Through testing, monitoring, analytics and intelligence, Empirix helps companies around the world maximise their technology investments while reducing implementation and customer impact risks. For further information, please visit www.empirix.com.
About Thoma Bravo
Thoma Bravo is a leading private equity investment firm building on a 30+ year history of providing equity and strategic support to experienced management teams and growing companies. The firm applies its own industry consolidation investment strategy and process, which seeks to create value by partnering with a company’s management to improve business operations and make strategic acquisitions that will accelerate growth. Thoma Bravo invests across multiple industries, with a particular focus on application and infrastructure software and financial and business services. The firm currently manages a series of private equity funds representing more than $4 billion of equity commitments. For more information, visit www.thomabravo.com.
Empirix is a trademark of Empirix Inc. in the United States and other countries.
Daniel Couzens/Jenny Anderson
onechocolate communications (for Empirix)
020 437 0227
Further information (external website)