[ TRANSACTION RECORD ]

Thoma Bravo Investment in New Relic — 2023

VERIFIED VECTOR ID: 002127 · tx-223
M SOURCE NODE — FUNDER
Thoma Bravo
Finance United States
$6,500,000,000
EQUITY
08/11/2023
Q DESTINATION NODE — RECIPIENT
New Relic
Company United States
Amount (USD)
$6.5B
Flow Type
EQUITY
Transaction Date
08/11/2023
Primary Source
View Filing ↗
Funder Profile [ M ]
Entity Thoma Bravo
AUM 138000
HQ Location United States
Sector Finance
Recipient Profile [ Q ]
Entity New Relic
Entity Type Company
Jurisdiction United States
Intelligence Note

Francisco Partners and TPG completed the acquisition of New Relic for 6.5 billion dollars to take the observability software pioneer private. The transaction is designed to support the company’s long-term product roadmap and market expansion in the big data sector. This deal highlights the institutional demand for mission-critical digital monitoring platforms.

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Primary Forensic Source https://www.franciscopartners.com/news/francisco-partners-and-tpg-complete-acquisition-of-new-relic/
✓ SOURCE LINKED