Thoma Bravo Promotes Arvindh Kumar and Chip Virnig to Principal
San Francisco – June 30, 2015 – Thoma Bravo, LLC, a leading private equity investment firm, has promoted Arvindh Kumar and Chip Virnig to principal. Kumar and Virnig previously served as vice presidents at the firm.
“My partners and I are incredibly proud of our talented investment team, and Arvindh and Chip have been key members of that team,” said Orlando Bravo, a managing partner at Thoma Bravo. “They each have worked extremely hard and brought tremendous value to our investments. We are looking forward to their continued growth at the firm.”
Kumar’s prior experience includes positions at Prospect Capital Management, BC Partners and Morgan Stanley. He has been active in Thoma Bravo’s acquisition and development of software portfolio companies Global Healthcare Exchange, Mediware Information Systems, Sparta Systems and SRS Software. Kumar earned an MBA from Harvard Business School after obtaining a Bachelor of Science degree in economics from the University of Pennsylvania.
Prior to joining Thoma Bravo in 2008, Virnig worked in the investment banking group at Merrill Lynch & Co. in New York. He has been instrumental in Thoma Bravo’s acquisition and development of software portfolio companies Blue Coat Systems, Compuware Corporation, Dynatrace, Keynote Systems, Mediware Information Systems and SailPoint Technologies, among others. Virnig earned a Bachelor of Arts degree from Brown University with dual majors in business economics and in commerce, organizations and entrepreneurship.
About Thoma Bravo, LLC
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 seeks to create value by collaborating with company management to improve business operations and provide capital to support growth initiatives. Thoma Bravo invests with a particular focus on application and infrastructure software and technology enabled services. The firm currently manages a series of private equity funds representing more than $8.5 billion of equity commitments. For more information, visit www.thomabravo.com.