Thoma Bravo completed the acquisition of Bottomline for $2.6bn.

Thoma Bravo, a software investment firm, completed the acquisition of Bottomline, a provider of financial technology for business payments, for $2.6bn. The deal imlies privatization of Bottomline. "Our partnership with Thoma Bravo will provide additional resources and greater flexibility to build on our leadership position, invest in continued innovation and accelerate go-to-market efforts to deliver increased value to customers. Additionally, the transaction will allow Bottomline to benefit from the operating capabilities, capital resources and sector expertise of one of the most experienced and successful software and financial technology investors," Rob Eberle, Bottomline CEO.