Acquiring Company
Thoma Bravo
Acquired Company
UserTesting
Description
UserTesting, Inc., a leader in video-based human insight, today announced the completion of its acquisition by Thoma Bravo, a leading software investment firm, and Sunstone Partners, in an all-cash transaction valued at approximately $1.3 billion. The agreement to be acquired was previously announced on October 27, 2022 and approved by UserTesting stockholders at the Special Meeting of Stockholders held on January 10, 2023.
Quick answer
Thoma Bravo and Sunstone Partners are acquiring UserTesting, announced January 12, 2023.
- How much did Thoma Bravo pay for UserTesting?
- The deal value was not disclosed.
- What does Thoma Bravo do?
- Thoma Bravo is one of the largest private equity firms in the world, with more than $83 billion in assets under management as of June 30, 2021.
- Where are Thoma Bravo and UserTesting based?
- UserTesting is based in San Francisco, California, United States.
Source: Fundz verified event record.
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Frequently asked
Who acquired UserTesting?
UserTesting was acquired by Thoma Bravo. The deal was reported on January 12, 2023. Thoma Bravo is one of the largest private equity firms in the world, with more than $83 billion in assets under management as of June 30, 2021. Thoma Bravo is privately held and operates in Financial Services.
When did Thoma Bravo acquire UserTesting?
Thoma Bravo's acquisition of UserTesting was reported on January 12, 2023. UserTesting, Inc., a leader in video-based human insight, today announced the completion of its acquisition by Thoma Bravo, a leading software investment firm, and Sunstone Partners, in an all-cash transaction valued at approximately $1.3 billion. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does UserTesting do?
UserTesting has fundamentally changed the way organizations get insights from customers with fast, opt-in feedback and experience capture technology. It is privately held, operating in Software, and is based in San Francisco.
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