In separate deals, two Thoma Bravo portfolio companies have acquired RPA (robotic process automation) and DPA (digital process automation) software companies.
Dig a little deeper, and you’ll notice that Thoma Bravo also owns stakes in information management software provider Hyland Software, and intelligent process automation provider Nintex. Those software companies, in turn, are making RPA and DPA acquisitions, respectively.
- The first deal involves Hyland buying Another Monday
- The second deal involves Nintex buying K2 Software Inc.
The deals may signal private equity’s accelerated march into the fast-growth RPA market, where brands such as Automation Anywhere, Blue Prism, UiPath and Microsoft Power Automate frequently dominate headlines.