Private Equity Firm Buys InfoVista

Thoma Bravo pays $72 million for control of French network and service performance management specialist

December 22, 2011

1 Min Read

SAN FRANCISCO -- Thoma Bravo, LLC, a leading U.S. private equity investment firm, and InfoVista, a global leader of service performance assurance (“InfoVista” or the “Company”), today announced that Thoma Bravo and many of InfoVista’s largest shareholders (the “Selling Shareholders”) have simultaneously signed an agreement and completed a transaction on December 20, 2011 (the “Closing Date”), under which Thoma Bravo has acquired, through an acquisition vehicle, 10,827,692 InfoVista shares, representing 67.26% of the share capital (excluding the treasury shares) and voting rights of InfoVista. The Selling Shareholders include, among others, the three largest shareholders of the Company namely Emancipation Capital LLC, Odyssee Venture and ESW. Each InfoVista share was acquired at a purchase price per share of €5.05, representing a 44% premium to InfoVista’s closing share price of 3.50€ on December 9, 2011, the last full trading day before InfoVista publicly requested a trading suspension of its shares from Euronext Paris.

The acquisition was carried out by “Project Metro Acquco SAS”, a company in the process of incorporation (“Acquco”).

The purchase price per InfoVista share of €5.05 will be paid to the Selling Shareholders in cash in two installments: €3.65 per share was paid at completion on the Closing Date (December 20, 2011); the remaining €1.40 per share will be paid by Acquco within 90 days from the Closing Date.

InfoVista SA

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