Thoma Bravo completed the investment in Foundation Software.

Thoma Bravo, a private equity investment firm focused on the software and technology-enabled services sector, completed the investment in Foundation Software, a provider of construction accounting software and payroll services. Financial terms were not disclosed. "Over the past 35 years, Fred and his team have built Foundation into the most trusted provider of accounting software to the construction industry. The company's firm grasp on the complexities of its customers' needs and its dedication to service combine to create an unmatched suite of solutions that has allowed Foundation to consistently grow its market share and maintain a resilient customer base. We're honored and thrilled to partner with Fred, President Mike Ode, and the Foundation Software team to drive continued growth and innovation," Carl Press, Thoma Bravo Principal.