Thoma Bravo Completes Sale of Manatron

Thomson Reuters Wraps Up Purchase Of Manatron 

Thomson Reuters Corp. said it completed its purchase of Manatron Inc., a provider of property tax administration software that was backed by Thoma Bravo LLC.

Terms of the deal weren’t disclosed.

Portage, Mich.-based Manatron provides property tax automation and land registry software for state and local governments. Thoma Bravo acquired the company in a take-private deal for $66 million in 2008.

While under the firm’s ownership, Manatron completed six add-on acquisitions,
which included International Land Systems, Beyond Appraisal, Software
Techniques and Infinitec.

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