How a Complex Carveout Led to Dynatrace Disrupting Itself and Then an Entire Industry
How a Complex Carveout Led to Dynatrace Disrupting Itself and Then an Entire Industry  
Podcast: Thoma Bravo's Behind the Deal
Published On: Thu Jan 18 2024
Description: Thoma Bravo Partner Chip Virnig goes behind the deal with Dynatrace: how it started, the complexities of the transaction, and the areas of value creation the Thoma Bravo team focused on throughout the partnership. From the initial carve-out to an IPO that saw Thoma Bravo’s team ringing the bell at the New York Stock Exchange, the Dynatrace deal was never easy. Joining Chip in the studio, former Dynatrace CEO John Van Siclen gives his perspective on the growth in enterprise software as a 40-year industry veteran. Dynatrace first stood out as a leader in SaaS when the Thoma Bravo team realized the massive potential of cloud infrastructure, and successfully predicted an industry-wide disruptive shift in that direction. The acquisition became a fascinating case study, borrowing multiple strategies from the Thoma Bravo playbook - such as operational improvements on day one, backing existing management, and transforming the business to a SaaS-based model -  and deploying them all on the same deal. For more information on Thoma Bravo's Behind the Deal, visit https://www.thomabravo.com/behindthedeal Learn more about Thoma Bravo: https://www.thomabravo.com/ Visit Dynatrace's website: https://www.dynatrace.com/