SailPoint, an identity security company backed by Thoma Bravo, achieved a valuation of $12.8 billion during its Nasdaq debut, opening at $23 per share. The company raised $1.38 billion in an upsized ...
Thoma Bravo used about $6bn of its investors’ cash to buy SailPoint. In December 2024, it invested a further $600mn to pay down SailPoint’s debt in an effort to increase the company’s appeal to ...