Transaction supports the next stage of company’s growth

Schaumburg, IL – July 19, 2011. – Flexera Software, the leading provider of strategic Application Usage Management solutions for application producers and their enterprise customers, today announced that Teachers’ Private Capital, the private investment department of the Ontario Teachers’ Pension Plan, has agreed to acquire a majority stake in Flexera Software from Thoma Bravo, LLC, a private equity firm. Terms of the transaction were not disclosed.

The Chicago-based company develops comprehensive solutions - from software licensing, installation, entitlement management and delivery to software deployment and license compliance and optimization - that play an increasingly...

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