Thoma Bravo acquires J.D. Power.

Thoma Bravo, a leading private equity investment firm acquires J.D. Power, a global leader in data analytics and consumer intelligence. Financial terms were not disclosed. The transaction is expected to close by year end, subject to customary closing conditions. Upon closing, Thoma Bravo plans to partner with J.D. Power's existing team in the ongoing expansion of the company, with a focus on continued development of enhanced industry insights, advanced analytics and innovative new offerings. "We are thrilled to partner with Thoma Bravo, a firm that clearly understands our space and is well-positioned to help us develop new growth opportunities and continue on our current path of rapid expansion," said Dave Habiger, J.D. Power President and CEO. "This is an exciting step forward for our company, and we look forward to a fruitful partnership that will help us maximize our company's fullest potential."