THOMA BRAVO PARTNERS WITH GOOGLE ON AI ADOPTION

The deal positions Google Cloud as a preferred AI platform for Thoma Bravo's investments, enabling portfolio companies to leverage Google's AI tools and infrastructure. The partnership focuses on streamlining AI implementation across software businesses in Thoma Bravo's holdings. Thoma Bravo manages billions in assets and typically invests in enterprise software companies. The arrangement provides these portfolio companies with dedicated support and resources from Google Cloud to integrate AI capabilities into their operations and products. This move reflects broader momentum in the private equity sector to capitalize on AI adoption. Major PE firms increasingly prioritize AI integration as a value-creation strategy for their investments. The partnership underscores Google Cloud's push to expand its enterprise customer base and deepen relationships with large institutional investors seeking scalable AI solutions. Terms of the multiyear agreement were not disclosed.