Thoma Cressey Equity Partners

Thoma Cressey Equity Partners was a prominent private equity firm that operated with a focus on the 'buy-and-build' investment strategy. The firm was particularly active in the healthcare, software, and business services sectors, seeking to consolidate fragmented industries through platform acquisitions. Founded in 1998 as a successor to Golder, Thoma, Cressey, Rauner, it managed several billion dollars in capital across multiple funds. In 2008, the firm's partners decided to split the entity into two specialized firms to better focus on their respective core competencies. This resulted in the formation of Thoma Bravo, which focuses on software and technology, and Cressey & Company, which focuses on healthcare services. During its existence, Thoma Cressey was a key financier for numerous healthcare delivery and medical technology organizations.