Representative Prior Investments: Software & Technology Portfolio

Citect is the leading global provider of industrial automation, facilities automation, real-time intelligence and next-generation manufacturing execution systems (MES). The company’s software is used in many industries, including mining, dairy, food and beverage processing, pharmaceuticals and power distribution. Based in Sydney, Australia, and with offices in the US and throughout the world, Citect has been providing global business solutions, engineering services and software to the automation market for over 30 years. TCB acquired an interest in Citect after identifying it as a leader in its field through the firm's study of software vertical markets. The investment was made to assist management in a proposed going-private transaction, and sold when a strategic purchaser then acquired the business.

For over 25 years, Datatel has focused exclusively on helping colleges and universities manage their business processes. Datatel today provides fully integrated enterprise information management software solutions to more than 600 colleges, universities and other higher education institutions serving almost 4 million students. Thoma Bravo invested in the company in 2005 and worked closely with the company’s management to improve its operations and enhance its profitability before selling the business about 4.5 years later for a substantial gain.

With its acquisition of Manugistics in July 2006, funded by Thoma Bravo, JDA became the global leader in helping more than 5,500 retail, manufacturing and wholesale-distribution customers in more than 60 countries achieve demand chain results. JDA Portfolio software enables high-performance business process optimization and execution from the manufacturer’s plant through distribution to an end customer or a retailer’s shelf. With offices in major cities around the world, JDA employs the industry’s most experienced supply and demand chain experts to develop, deliver and support its solutions.  The investment was sold in 2009.

NASDAQ: JDAS

Acquisitions made by JDA Software Group, Inc.:
Manugistics Group, Inc.

Manugistics is a leading global provider of synchronized supply chain and revenue management solutions. Clients depend on Manugistics software for improved forecast and inventory accuracy and industry-leading pricing and yield management solutions. Its clients have included industry leaders such as Boeing, Cingular, Circuit City, Coca-Cola Bottling, DHL, Diageo, DuPont, Georgia-Pacific, Harley-Davidson, H.J. Heinz, L.L. Bean, Limited Brands, Kraft Foods, Marriott, McCormick, Nestle, RadioShack and Sears, Roebuck & Co. Manugistics was publicly traded as MANU on the Nasdaq until its acquisition by JDA Software Group, Inc.

NetIQ is a leading provider of integrated systems and security management solutions that empower IT organizations with the knowledge and ability necessary to assure IT service. NetIQ's Knowledge-Based Service Assurance products and solutions include embedded knowledge and tools to implement industry best practices and to better ensure operational integrity, manage service levels and risk, and ensure policy compliance. NetIQ's modular solutions for performance & availability management, security management, configuration & vulnerability management, and operational change control integrate through an open, service-oriented architecture allowing for common reporting, analytics and dashboards. The company was traded as NTIQ on Nasdaq until its acquisition by Attachmate Corp.

The company is a leading provider of enterprise software and services to the durable goods distribution market. Prophet 21 enterprise software solutions for Windows and UNIX currently serve more than 3,000 customers and 75,000 users conducting more than $40 billion in supply chain transactions annually, providing organizations with powerful, highly customizable applications designed to improve customer service and maximize return on investment. Prophet 21 was sold to Activant Solutions Inc., a leading provider of vertical business management solutions, in September 2005. It currently operates as a subsidiary of Activant with existing management continuing in their positions.