Boro: SailPoint was Thoma Bravo's first high-growth innovator investment
Seth Boro · Thoma Bravo's Behind the Deal Podcast (Capital Allocators, EP.308) · Apr 13, 2023 · at 13:46
Seth Boro, Managing Partner at Thoma Bravo, describes the firm's evolving buyout strategy when partnering with SailPoint in 2014.
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“Historically, and especially in tech, private equity was not buying companies that were considered innovators or high growth. So it was a departure from what you would see in a typical private equity investment at the time. It's become our business today. And SailPoint was really, for us, the first investment that looked that way.”
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