Public markets are not being discerning enough in the ongoing software selloff, according to one of Thoma Bravo’s top dealmakers, and the private equity firm is ready to take advantage of the panic.
“To think that all software is the same, they’re missing the mark a bit,” managing partner Holden Spaht said in an interview on the new Bloomberg Deals television show, which aired Wednesday. “We think this could be a really exceptional buying opportunity.”
Wall Street has been dumping software-as-a-service providers in recent weeks amid fears that the products they offer will become redundant in the age of ...
