BlueMatrix secures significant growth investment from Thoma Bravo


BlueMatrix, an investment research technology firm, has announced a substantial investment from Thoma Bravo, a software investment company.

Established in 1999, BlueMatrix has become a leader in end-to-end content creation and distribution for investment research providers.

The strategic investment by Thoma Bravo aims to drive BlueMatrix’s global growth and innovation. This collaboration is expected to accelerate BlueMatrix’s expansion, leveraging Thoma Bravo’s strategic and operational expertise.

BlueMatrix specializes in offering a fully integrated, cloud-based solution that addresses the needs of investment banks and research analysts. Their platform streamlines the investment research production workflow, especially in the context of the rigorous regulations in this industry.

The investment will enable BlueMatrix to further its commitment to revolutionizing the investment research workflow. By enhancing its product offerings, BlueMatrix plans to maintain its global market leadership and continue delivering unmatched solutions to its clients.

Patricia Horotan, CEO of BlueMatrix, expressed enthusiasm about working with Thoma Bravo to boost the company’s momentum and global market presence. Adam Solomon, a Partner at Thoma Bravo, and Chandler Gay, a Vice President at the firm, also highlighted the significant impact of this collaboration on BlueMatrix’s innovation and product development.

The transaction was financed through debt by Golub Capital. Legal and financial advisory roles were undertaken by Kirkland & Ellis LLP and Raymond James for Thoma Bravo, and by Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C., and Stifel for BlueMatrix.

In her statement, Patricia Horotan said, “We are thrilled to begin working with Thoma Bravo to accelerate our momentum as we continue to provide unmatched solutions to our clients around the world. By combining Thoma Bravo’s strategic and operational competencies with our team’s track record and culture of innovation, we are now in an even better position to grow our global market leadership position.”

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