Our 2025 Responsible Growth and Governance (RGG) Report highlights how business priorities and practices are evolving as AI reshapes the software landscape. With the expansion of generative and agentic AI capabilities, our portfolio companies are not only adapting their governance, cybersecurity, workforce and sustainability practices, but also exploring the significant opportunities and potential new risks presented by this new technology.
This year's report examines the maturation of AI governance across our portfolio, including greater alignment with recognized governance frameworks and increased employee AI training, as well as a continued focus on cybersecurity, oversight, engaged workforces and environmental stewardship. It also features case studies illustrating how our portfolio companies are putting these principles into practice, from using AI governance to support product development and investment prioritization to preparing employees for an AI-enabled workplace and turning sustainability capabilities into customer value.
We partner with great teamsand help them buildcategory-defining companies



We’ve been investing in software since shortly after the dot-com crisis. We focus on creating value from day one by seeking to find a clear path to operational efficiency and profitable growth. And because software is our focus, we know it inside and out — the trends, processes, pitfalls and the ingredients that matter most. Sticking to this approach has helped us find opportunities in various market environments, from the global financial crisis to the Covid pandemic. We believe the best time to do a good deal is when you can, based on company fundamentals, not market cycles.
TIMELINE
2003
Thoma Bravo's first buyout in enterprise software
A milestone moment

Markets Shift But Experience Endures
For more than 20 years, our managing partners have worked together side by side, developing valuable relationships and deep industry knowledge. We share a profound sense of responsibility to our investors and strive to be thoughtful stewards of capital.
At a glance*
- ~$170B
- assets under management
- ~80
- number of current portfolio companies
- ~600
- total number of transactions
- ~$325B
- aggregate enterprise value of the transactions
Working to build more responsible and sustainable business practices
Responsible Growth and Governance at Thoma Bravo
In the community
Partners For Good
Our employees are committed to the communities in which they live and work, and giving back is an important firm value. Employees are encouraged to make a difference through Thoma Bravo’s Charitable Giving Program, through which employees can have an even greater impact on the organizations they care about most. In addition to financial support, employees regularly come together for volunteer events across our offices – both on-site and in the community. We support a wide range of nonprofit organizations through a variety of sponsorships and volunteer activities, as well as awareness- and fund-raising events.
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