Deal Notes

Thoma Bravo, a leading private equity firm, acquired Foundation Software, a leading provider of construction accounting software and payroll services for specialty contractors. This acquisition allows Foundation Software to optimize its service offerings, grow its customer base, and strengthen its growth trajectory.

About the Seller

For over 35 years, Foundation Software has been an industry leader in construction accounting. In addition to its cornerstone accounting software, Foundation also offers payroll, project management, and mobile tools to assist contractors effectively run their businesses.

About the Buyer

Thoma Bravo is a leading private equity firm specializing in the software and technology-enabled services sectors. Thoma Bravo partners with their portfolio companies to implement best practices, invest in growth initiatives, and accelerate revenue and earnings.

Read the press release

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