SailPoint Technologies, Inc.
SailPoint is a market-leading provider of on-premises and SaaS-based Identity and Access Management (“IAM”) solutions, helping global organizations mitigate security risks, demonstrate and maintain compliance, improve service levels and reduce operational costs. Thoma Bravo partnered with management to professionalize the company and create a world class enterprise software business. Thoma Bravo initiatives included helping the company establish a highly metrics driven enterprise sales & marketing organization; launching a SaaS offering to complement its market-leading on-premise software; and completing an important acquisition that expanded SailPoint’s total addressable market. Thoma Bravo took SailPoint public in November 2017 in a successful IPO (NYSE: SAIL) that included a sale of a portion of its interest. The remaining interest was sold in the public market during the subsequent year.