Thoma Bravo Seeks Software Bargains Amid Selloff

Private-equity firm Thoma Bravo says public markets are overreacting to a recent software-as-a-service selloff and is seeking acquisition opportunities, managing partner Holden Spaht said in a Bloomberg interview Wednesday. The firm, which closed its roughly $12.3 billion Dayforce purchase this month, argues many SaaS businesses are integrating AI and sees both public and private valuations as potential buying chances.