+1 to the person above who said they actively avoid companies owned by private equity firms. Offices in India were not affected and are still interviewing and hiring. Thoma Bravo 's most notable exits include SolarWinds , Planview , and Venafi. The Houston-based firmBMCannounced Mondayit has a tentative deal to buy Compuware. "It is a long time since Compuware led the charge into downtown Detroit," he added. I probably stayed too long but I rose to a senior leadership level due to attrition, re-orgs, and knowing my shit and was able to move to a senior role at a fast growing public company that wouldnt have been possible otherwise. But that deal never happened. One of Thoma Bravo's first acts was to split Compuware by spinning off its Massachusetts-based Dynatrace software division to be a separate company again. Was given phantom equity grant that vests at liquidity eventall employees could also join a co-invest program to buy equity on the same terms as TB. Last Thoma Bravo has a series of funds with more than $45 billion in capital commitments. ESPN conducted its sixth round of layoffs in the past decade. ContactJC Reindl at313-222-6631 or jcreindl@freepress.com. A Compuware representative declined comment. One happened as recent as Feb 2020 because the CEO just decided it was time for a More:Report: Compuware's private equity owner exploring sale. I have a job offer at proofpoint and They are saying there wont be layoffs. Joe Biden and the 51 Spies of 2020. Thoma Bravo, the Chicago-based private equity firm, has acquired a majority stake in AxiomSL, a cloud-based risk and reporting firm. Akamai Technologies, Go to company page Part of Thoma Bravo Engaged Employer Overview 643 Reviews 35 Jobs 511 Salaries 105 Interviews 209 Benefits 22 Photos 206 Diversity + Add a Review Bottomline Technologies Employee Reviews about "layoff" Updated Apr 6, 2023 Search Reviews Clear All Full-time, Part-time English Filter Found 21 of over 643 Sort Popular I know of one partner facing role which was cut to just one person, and they kept the least experienced one. The hedge fund sought cost cuts, staff reductions and a shuffle of board members. Compuware was the first major business to move from the suburbs to downtown Detroit in the 2000s, preceding the later arrival of Quicken Loans. Many of our most knowledgeable and senior resources were cut people who had been with the company 10 years and coordinated extensively between teams. I think you have got the answer in your other post. Compuware constructed its Detroit headquarters building near Campus Martius at a cost of $350 million, which wasfar more than what the building sold for a decade later. But not everyone that goes this route has a tidy outcome like Pings. BMC is owned by a different private-equity firm called KKR. As it turned out, the IPO-or-acquisition question wasnt an either/or proposition. Thoma Bravos intention is to take Coupa private. Thoma Bravo, the Chicago private equity firm that has owned a majority stake in Hyland since 2007 (the firm was known as Thoma Cressey Bravo at the time), has
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