Wednesday, 26 July 2017

Thoma Bravo completes Empirix acquisition

Empirix
Tuesday 05 November 13

Thoma Bravo, LLC., a leading private equity investment firm, has completed its acquisition of Empirix Inc., the recognised leader in end-to-end network testing, monitoring and analytics solutions. “Empirix has become a highly successful company in a rapidly expanding market segment…

Thoma Bravo, LLC., a leading private equity investment firm, has completed its acquisition of Empirix Inc., the recognised leader in end-to-end network testing, monitoring and analytics solutions.

“Empirix has become a highly successful company in a rapidly expanding market segment,” said Robert Sayle, principal at Thoma Bravo.

“Thoma Bravo and Empirix management have identified significant growth opportunities within the network services industry and look forward to growing the business through quality customer experiences, innovative solutions and strategic acquisitions,” added Seth Boro, managing partner at Thoma Bravo.

Empirix helps service providers, mobile operators and enterprises master complexities within their networks. The company optimises business performance with real-time intelligence to reduce operational costs, maximise customer retention and grow top-line revenues. Customers include top communication service providers, mobile operators, banks, insurance and healthcare companies.

“I am excited about the opportunity Thoma Bravo brings to Empirix to accelerate our business strategy,” said Empirix CEO John D’Anna. “We share a common vision of bringing together a fragmented industry to provide optimal end-to-end solutions for our customers. Empirix has nearly doubled in revenue during the last five years, and by partnering with Thoma Bravo we have the additional support to capture the substantial growth potential in the market.”

Empirix has achieved considerable growth over the past five years, reporting 22 percent year-over-year revenue growth in 2012, partially driven by a significant increase in bookings from global Tier 1 mobile operators. The company made the Inc. 5000 list of the fastest-growing privately held companies in each of the last five years, and was also featured in a 2013 series of Gartner Inc. reports on unified communications pre-and-post deployment recommendations.

The acquisition was previously announced in a statement issued Oct. 9. Financial terms were not disclosed.


View more of the latest press releases from across the industry or post your company's news.

Please enable JavaScript to view the comments powered by Disqus.

Newsletter signup

Quickly get on board and up to date with the telecoms industry