Thoma Bravo Hunting for Potential Latin American Software Deals

  • Buyout firm focusing its efforts on Mexico and Brazil
  • Co-founder sees ‘structural problem’ in US IPO process
Orlando BravoPhotographer: Eva Marie Uzcategui/Bloomberg

Technology-focused buyout firm Thoma Bravo LLC has identified three or four companies in Latin America as potential targets in the region.

The Chicago-based group known for its big bets on enterprise software is focusing its scouting efforts in Mexico and Brazil, the region’s two biggest economies, although no deal is imminent.