SAN FRANCISCO—Thoma Bravo, LLC, a leading private equity investment firm, has announced the promotion of Chip Virnig to Partner. He previously served as a Principal at Thoma Bravo.

“We are thrilled to welcome Chip to the partnership of the firm,” said Orlando Bravo, a Managing Partner at Thoma Bravo. “Since joining our team, he has consistently showcased tremendous talent, and keen investment, operating and professional judgment. Chip has established himself as a crucial contributor in growing our infrastructure software practice and played an essential role building our security software franchise. He has been instrumental in the acquisition and development of many of Thoma Bravo’s software portfolio companies including LogRhythm, Barracuda Networks, Kofax, Imprivata, Qlik, SailPoint, Dynatrace, Compuware, Hyland, Mediware, BlueCoat, SonicWall, Tripwire, and Entrust. We look forward to Chip’s continued achievement in his new role as a Partner and contribution to the success of our current and future funds.”

Virnig joined Thoma Bravo in 2008 as an Associate, with previous experience as an analyst at Merrill Lynch. Virnig earned a B.A. from Brown University with dual majors in business economics and commerce, organizations and entrepreneurship.