Thoma Bravo, a private equity firm focused on the software and technology-enabled services sectors, completed the acquisition of Majesco, provider of cloud insurance software solutions for insurance business transformation, for $729m. "We are pleased to complete our acquisition of Majesco and work closely with their talented team as we build upon Majesco's position as a leading driver of digital transformation within the insurance industry. Majesco's journey in helping insurance companies get to the cloud faster is impressive and we intend to leverage our own operational experience to enhance its capabilities and support the continued growth of the business," A.J. Rohde, Thoma Bravo Partner.