Thoma Bravo-backed Flexera completed the acquisition of Snow Software.

Thoma Bravo-backed Flexera, an IT management software provider, completed the acquisition of Snow Software, a cloud-native platform delivering actionable insights on the IT environment. Financial terms were not disclosed. "Through this acquisition, our people, portfolios and our combined strengths give customers even more choices and an expanded foundation for ITAM and FinOps. The world-class partner network, innovative technology, excellent customer base and talented employees of Snow provide great value to the marketplace. We are excited about the opportunity to grow the value we deliver to customers even further,” Jim Ryan, Flexera President and CEO.