Thoma Bravo to acquire a majority stake in SMA Technologies.

Thoma Bravo, a private equity firm, agreed to acquire a majority stake in SMA Technologies, a software developer. Financial terms were not disclosed. "SMA has been a pioneer in the workload automation space for over four decades and we are thrilled to continue our journey with Thoma Bravo. With Thoma Bravo's operational expertise and financial resources, we will be better positioned to drive global growth while continuing to provide our clients and their employees with seamless solutions to automate processes, applications and workflows," Todd Dauchy, SMA Technologies CEO.