Terms of the transaction were not disclosed.

BlueMatrix is the trusted investment research and publishing platform of choice for many of the world’s leading investment banks and research analysts. The company’s fully integrated and cloud-based solutions provide end-to-end coverage of the highly regulated investment research production workflow, including content creation, global compliance approval, distribution, hosting and analytics. BlueMatrix’s suite of solutions positions it as the only global platform of scale with capabilities across the complete investment research authoring and publishing lifecycle.

"We’ve grown BlueMatrix into the global market leader in end-to-end investment research and publishing solutions, with customers across 70 countries, and are excited to accelerate our strong momentum with capital, operational and strategic support from Thoma Bravo," said Patricia Horotan, CEO of BlueMatrix. "Thoma Bravo’s investment is a testament to what we’ve built and will enable us to drive continued innovation to better serve our customers as we enter this new phase of growth."

"Since its founding in 1999, BlueMatrix has established itself as the best-in-class platform for the highly regulated investment research industry, and under its strong leadership team, the company is well-positioned to capitalize on the growing market opportunity," said Adam Solomon, a Partner at Thoma Bravo. "We are thrilled to support BlueMatrix through its next chapter as it continues to deliver its unparalleled solutions to the most sophisticated investment banks and research analysts worldwide."

"As the gold standard provider of end-to-end investment research and publishing software, BlueMatrix has reimagined the investment research workflow, driving unmatched results for its global portfolio of customers," said Chandler Gay, a Vice President at Thoma Bravo. "We look forward to leveraging Thoma Bravo’s deep sector expertise to help drive continued growth and innovation."

Debt financing for the transaction will be provided by Golub Capital. Kirkland & Ellis LLP is serving as legal advisor to Thoma Bravo and Raymond James is serving as financial advisor. Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. is serving as legal advisor and Stifel is serving as financial advisor to BlueMatrix.

The transaction is expected to close by the beginning of January 2024, subject to regulatory approvals and customary closing conditions.