Thoma Bravo, MDP to back software unit in $500M deal
June 26, 2020
Thoma Bravo and Madison Dearborn Partners have agreed to invest in the software business of Kaufman, Hall & Associates, a provider of enterprise performance management software, data and management consulting solutions. As part of the deal, the unit will be spun off as an independent entity under the name Syntellis Performance Solutions. The deal values the Chicago-based company at around $500 million, according to The Wall Street Journal.