Announced

Completed

Thoma Bravo-backed USU Solution completed the acquisition of Saasmetrix.

Synopsis

Thoma Bravo-backed USU Solution, an innovative IT and elevates service through cost control, risk management, and AI-driven solutions for efficient cloud and service management, completed the acquisition of Saasmetrix, a SaaS management platform that helps companies with various activities related to managing their software-as-a-service (SaaS) applications. Financial terms were not disclosed. "Our vision has always been to make SaaS management simple, efficient, and intelligent. Through the synergies with USU, we can elevate this vision to a new level and offer companies even more comprehensive control over their SaaS usage," Marcel Banmann, Saasmetrix CEO and Co-founder.

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