Thoma Bravo, the private equity firm behind Flexera, announced plans to acquire USU Software AG’s ITSM, ITAM, ITOM, and Knowledge Management products, forming a new entity called USU Product. The acquisition excludes USU’s digital consulting services. This move positions Thoma Bravo to strengthen its IT management tools portfolio, creating a competitive edge against market leaders like ServiceNow. USU Product will remain based in Germany with the same management team.
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