Thoma Bravo Announces Acquisition of Elemica

Elemica’s clients will benefit from faster time to value, while realizing better bottom-line results.

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Thoma Bravo LLC, a private equity investment firm, and Elemica, the supply chain operating network for the process industries, entered into a definitive agreement for the acquisition of Elemica. Financial details were not disclosed. This transaction will expand the capabilities of Elemica’s innovative supply chain solutions. By focusing more resources and investing in next-generation technologies, Elemica’s clients will benefit from faster time to value, while gaining greater returns and realizing better bottom-line results.

“As a testament to the performance and promise of Elemica’s business, the board is excited to announce Thoma Bravo’s stewardship of the company,” said Robert Blackburn, chairman of the board at Elemica and president of BASF Group. “The time was right to find a buyer with a proven track record of successfully investing in distinctive software and technology companies, and helping them grow faster.”

Elemica represents the ideal archetype for what we look for in an investment at Thoma Bravo,” said A.J. Rohde, partner at Thoma Bravo. “The company developed a patented supply chain and logistics network in key verticals, such as chemicals, tire and rubber, and other process industries, provides mission-critical applications for its customers, and is run by a world-class management team led by John Blyzinskyj with whom we are thrilled to be partnered.”

Thoma Bravo has provided equity and strategic support to experienced management teams of growing companies for more than 30 years. With a strong track record in the software and technology industry, Thoma Bravo focuses on creating value by partnering with management to transform successful businesses into larger, more profitable and rapidly growing companies through operational improvements and strategic add-on acquisitions. Thoma Bravo sees Elemica as an attractive investment opportunity, with a strong portfolio of products, a talented team, and a great opportunity to support customers through continued organic and inorganic growth.

“The goal remains to grow Elemica’s business network into a multi-trillion-dollar commerce engine annually,” said John Blyzinskyj, CEO of Elemica. “This acquisition will accelerate the time to market for solutions that automate and orchestrate mission-critical supply chain processes across a global community of buyers, suppliers and logistics providers. Thoma Bravo’s exceptional track record and proven expertise in our industry will enable Elemica to further capitalize on its growth and leadership.”

Elemica is a world-wide leader in supply chain solutions with headquarters in Wayne, Pennsylvania, and employees around the globe. The company is known for its strong business network and associated applications that are game-changers for process manufacturers, helping companies identify, anticipate and overcome challenges to achieve more cost savings and collaborate more effectively with trading partners.

Kirkland & Ellis served as legal advisor to Thoma Bravo. Houlihan Lokey served as financial advisor and Pepper Hamilton served as legal advisor to Elemica.

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