Thoma Bravo acquires Autodata Solutions Group

McMillan acted as Canadian counsel to Thoma Bravo in connection with its acquisition of Autodata Solutions Group from Internet Brands, Inc.

Autodata Solutions provides SaaS and software solutions that range from back-end automation systems that enable dealer-to-original equipment manufacturer (OEM) vehicle ordering to data-driven consumer-focused interactive marketing initiatives

Thoma Bravo is a leading private equity firm focused on the software and technology-enabled services sectors. With a series of funds representing more than $30 billion in capital commitments, Thoma Bravo partners with a company’s management team to implement operating best practices, invest in growth initiatives and make accretive acquisitions intended to accelerate revenue and earnings, with the goal of increasing the value of the business.

The transaction involved a cross-border component and McMillan advised on all Canadian aspects of the transaction.