STARTUP LEGAL2 Sept 2026
Thoma Bravo Looks to Sell Foundation Software for $2B+
Thoma Bravo is exploring the sale of Foundation Software, which makes accounting and payroll software for construction contractors. The deal could value the company at over $2 billion. Both private equity firms and corporate buyers are interested. The company earns over $200 million a year. This shows strong demand for profitable niche software.
Key Statutory Highlights
- Thoma Bravo is exploring a sale of Foundation Software that could be worth more than $2 billion.
- Foundation Software provides accounting, payroll, and project management tools for small- and medium-sized construction contractors.
- The company has annual revenue above $200 million and earnings before interest, taxes, depreciation, and amortization of over $100 million.
Actionable Advice for Taxpayers / Founders:If you are a construction contractor using this software, monitor news about the sale for any changes in support or pricing.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
Share: