Embarcadero Technologies, Inc.
San Francisco, CA
Embarcadero provides professional grade application performance tools for improving the user experience and database management tools for designing, developing and managing databases and the data they contain. Customers worldwide rely on the company’s cross-platform tools to increase productivity, reduce costs, simplify change management and compliance and accelerate innovation. Thoma Bravo acquired Embarcadero, then a public company, in 2007 through a take-private transaction and sold the company in 2015 to Idera, Inc., a portfolio company of private equity investment firm TA Associates. The CEO of Embarcadero commented at the time that “Embarcadero has matured a great deal since we began our relationship with Thoma Bravo. At the outset, our collaboration faced the challenges of the 2007-2008 crisis. The Thoma Bravo team showcased their faith in Embarcadero’s potential with a patient and deliberate plan to achieve organic growth in the face of difficult economic conditions. Our ability to navigate the global financial crisis, grow our business and have a very successful exit all serve as a testament to the strength of our organization and Thoma Bravo’s patient approach to investing.”