Thursday, January 19, 2017

Planview Acquired By Thoma Bravo

Austin-based Planview, which develops project management and collaboration tools, has been acquired by private equity investor Thoma Bravo, the two announced Thursday morning. Financial details of the acquisition were not disclosed. Planview had been owned by another, private equity investor, Insight Venture Partners. The companies said that Insight Venture Partners will maintain its original, 2014 capital investment in Planview. Planview itself has been in acquisition mode, having recently acquired Innotas, Troux and Projectplace. Insight Venture Partners bought its majority stake in Planview in 2014.