News · August 27, 2026

Thoma Bravo named to GrowthCap's list of Top Private Equity Firms of 2026

For the fifth year in a row, GrowthCap has named Thoma Bravo to its list of Top Private Equity Firms of 2026.

Over the past twelve months, the private equity industry has entered a more demanding period. Capital is more discerning, exit timing fluctuates and buyers are taking a harder look at the businesses they acquire. At the same time, artificial intelligence is changing how companies operate and, in some cases, reshaping what makes a business valuable.

The firms recognized on this year's list are true partners to their portfolio companies, bringing strong leadership, deep sector expertise, and a willingness to do the hard work of building better businesses. That work happens alongside management. It means making thoughtful investments, building strong teams, improving operations, pursuing growth with discipline, and making difficult decisions when circumstances change. The firms that excel are not waiting for the market to create value for them. They are helping their portfolio companies create it.

“We’re proud to be recognized as one of GrowthCap’s Top Private Equity Firms of the Year for the fifth year in a row. This award is a testament to the trust placed in us by the management teams and founders we’ve had the privilege of working with. We remain committed to building and maintaining the close relationships that drive outstanding outcomes.” – Holden Spaht, Managing Partner

To read more and to view the full list click here.

_{This list is the opinion of the party conferring the list and should not be considered an endorsement of Thoma Bravo.}_{Issued by GrowthCap on August 27, 2026, the Top Private Equity Firms of 2026 was based on nominee activity over the last 12–18 months and survey responses from peers.}_{Thoma Bravo paid a copyright and distribution fee in connection with the list. In general, the receipt of compensation influences, and is likely to present a potential material conflict of interest, relating to any granted list. There can be no assurance that other providers or surveys would utilize the same criteria used to determine this list or reach the same conclusion.}