Thoma Bravo, LLC, a leading technology-focused private equity investment firm, announced today the closing of its majority investment in SailPoint, the leader in identity and access management (IAM) solutions. The agreement was announced on August 12. Financial terms were not disclosed.

“We’d like to thank Mark, Kevin and the entire team at SailPoint, who have been tremendous to work with during this process,” said Seth Boro, a managing partner at Thoma Bravo. “We are eager to partner with management and put this investment to work on new growth opportunities for the company.”

Read more at – Thoma Bravo Closes Majority Investment in SailPoint