This morning the private equity firm Thoma Bravo announced it had signed a definitive agreement to acquire industry leading network management firm Empirix.
For those following Empirix, it shouldn’t come as too much of a surprise that they were acquired considering their inclusion on the INC 5000 fastest growing company list. In fact, last year alone it grew 22%, citing significant growth from tier 1 carriers. Clearly the Empirix vision and real time management solutions are resonating with its service provider and enterprise customer base. Thoma Bravo gets to add another company to the family that already includes companies like Network Instruments, InfoVista, Blue Coat Systems, LanDesk, Tripwire/nCircle and KeyNote Systems to continue its growth and expand its presence in the service assurance and network management space.
So what does this mean to Empirix and its customers? Based on what I have seen from other companies that have been acquired by Thoma Bravo this should be a positive step forward for all parties involved. Thoma Bravo’s approach to partner with the management team and provide resources to help accelerate and expand its current vision provides an opportunity to take the company to the next level. So to that end, expect that the existing Empirix management team that has set the vision and led the rapid growth will remain in place to provide continuity and drive further growth, Thoma Bravo will be able to expand its footprint in the service assurance and network management space and most importantly, Empirix customers should expect to see accelerated product roadmaps and innovative technologies coming from Empirix. In fact the quote from Thoma Bravo managing partner Seth Boro points to a bright future for Empirix when he states “Its products, strategy and leadership have positioned it for success, and we look forward to accelerating that success through organic growth and strategic acquisition opportunities.”
The acquisition is expected to close in November of this year.