BluWave recognized Thoma Bravo as a 2025 Top Private Equity Innovator. This recognition places Thoma Bravo among the top 2% of North America's most innovative PE firms across due diligence, value creation, modern private equity firm operations, and corporate citizenship. This year's award recipients were selected through BluWave's rigorous assessment in consultation with leading limited partners, investment bankers and other thought leaders in the private equity ecosystem. As part of their selection process, the committee evaluated more than 6,000 private equity firms and utilized more than 75 different factors, incorporating more than 400,000 data points. 

Read more about the awards and see the complete list of winners here.

* This award is the opinion of the third party conferring the award and should not be considered an endorsement of Thoma Bravo. Issued by Bluwave on February 25, 2025, the 2025 Top Private Equity Innovator Awards are based on the timeframe between January 1, 2024, and December 31, 2024. There can be no assurance that other providers or surveys would utilize the same criteria used to determine this ranking or reach the same conclusion.