Thoma Bravo completes acquisition of EQS

EQS is a German corporate communications and compliance provider.

  • Thoma Bravo signed an investment agreement with EQS in November 2023
  • The delisting is expected to become effective in Q2 of 2024
  • Thoma Bravo is a software investor with around $134bn in assets 

Thoma Bravo has completed its public takeover offer of EQS Group, a German corporate communications and compliance provider.

EQS is headquartered in Munich.

Thoma Bravo will hold a total stake of around 98 percent of EQS’ share capital, which includes all tendered shares, shares acquired on the market, shares subject to the partial re-investment of Achim Weick, CEO and founder of EQS, as well as the shares Thoma Bravo has subscribed for in a 10 percent capital increase of EQS.

EQS and Thoma Bravo have agreed that the management board will arrange for the termination of the inclusion of the EQS shares in the trading on the open market immediately after closing.

The delisting is expected to become effective in Q2 of 2024.

Thoma Bravo signed an investment agreement with EQS for €400 million in November 2023.

Thoma Bravo is a software investor with around $134 billion in assets as of 30 September 2023. It has offices in Chicago, London, Miami, New York and San Francisco.