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Thoma Bravo Acquires Continuum

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Private equity investment firm Thoma Bravo purchases Continuum, the global IT management platform provider, in a bid to further push its investment presence in SMB space.

ContinuumContinuum currently provides IT management for around 5800 MSPs globally, and services over 60000 SMB customers. It also offers Remote Monitoring and Management (RMM), backup and disaster recovery and security offerings, with a vertically integrated service delivery model combining SaaS-based technology with a best-in-class Network Operations Center (NOC) and help desk.

Last month saw Continuum launch Continuum Network Management by Auvik-- the result of a September 2016 partnership agreement, providing MSPs with insight and visibility into client IT environments.

"Continuum sets the industry standard with its turn-key approach in the Remote Monitoring and Management market for MSPs," Thoma Bravo says. "We know this market well, and have followed the company for a long time.  What Michael George and his team have delivered on in terms of an innovative product suite and full software and services model has been very impressive, and we can't wait to work with them to accelerate the world-class offering they deliver to MSPs, both organically and through add-on acquisitions."

Thoma Brava has been quite active in IT in the last years, investing in growing companies in the lower-middle market such as Bomgar, Elemica, Infogix and T2 Systems through its Discover Fund.

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