Latest / The Buyout Show with Fexingo: Private Equity, Roll-Ups, and Business Acquisitions
Inside Thoma Bravo's $12 Billion SaaS Roll-Up Strategy
In the premiere episode of The Buyout Show, Lucas and Luna break down the mechanics behind Thoma Bravo's $12 billion roll-up of enterprise software companies. They walk through the specific playbook—multiple compression, cross-sell synergies, and management carve-outs—using the firm's acquisitions of Anaplan and Coupa as a concrete case study. The conversation explains why private equity firms are racing to consolidate mid-market SaaS, how roll-ups create value beyond simple cost-cutting, and what the math looks like when you combine three companies with similar metrics. Lucas…
The skinny
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