KKR-backed BMC completed the acquisition of Compuware from Thoma Bravo for $1.5bn.

KKR-backed BMC, a provider of IT solutions for the digital enterprise, completed the acquisition of Compuware, a provider of mainframe application development, delivery, and support solutions, from Thoma Bravo, for $1.5bn. "BMC continues to apply automated intelligence to modernize the mainframe, meeting the growing demands created by digital business growth. With market needs disrupting business models more rapidly than ever before, it's the ideal time to bring Compuware to our portfolio and help our customers embrace Agile and DevOps practices for the modern mainframe. We are thrilled to welcome Compuware and, together, accelerate our customers' journeys to becoming Autonomous Digital Enterprises," Bill Miller, BMC President of ZSolutions.