Deltek is the leading provider of project-focused enterprise software and information solutions for government contractors and professional service firms. The company’s product portfolio includes a comprehensive set of financial management solutions, business organization and program management applications, and business development and customer relationship management solutions. The company also is the largest provider of government RFP data and information, offering its customers insight into trillions of dollars of government contract opportunities. Thoma Bravo acquired Deltek, then a public company, through a take-private transaction in 2012. Operational improvements and efficiencies were implemented immediately, improving annual earnings by tens of millions of dollars. Working closely together, Thoma Bravo and management (led by the company’s former CFO who was appointed CEO) improved cash flow margins by more than 60% and made six accretive acquisitions. In 2016, the company was acquired by Roper Technologies (NYSE: ROP), earning investors a gross IRR of more than 60%.