Top 10 Private Equity Investors in Technology, Media, and Telecom Industry in the World in 2021 by Deal Value

KKR & Co Inc, Blackstone Inc, Thoma Bravo LP, TPG Capital LP, and Advent International Corp are among the top 5 private equity investors in the technology, media, and telecom industry in 2021 by deal value. In terms of the geographical split, 9 out of 10 of the world’s top 10 private equity investors in the technology, media, and telecom industry are headquartered in North America and whereas the remaining 1 is based in Asia. They employed a total of 9,186 people in 2021. The Thoma Bravo LP-QAD Inc deal was one of the major deals in the technology, media, and telecom sector in 2021. Barclays served as financial advisor and Kirkland & Ellis LLP served as legal advisor to Thoma Bravo, while Morgan Stanley & Co. LLC served as financial advisor to QAD Inc for the Thoma Bravo LP-QAD Inc deal. Thoma Bravo LLC, a private equity firm, has acquired QAD Inc, a company that provides cloud-based enterprise software solutions, for an all-cash transaction with an equity value of approximately $2 billion. The deal was completed in Q4 2021. The TPG Capital LP; TCMI Inc; Lupa Systems; Sixth Street Partners; Antenna Group-VICE Media LLC deal was another major deal in the technology, media, and telecom sector in 2021. Guggenheim Securities, LLC served as financial advisor and Shearman and Sterling LLP served as legal advisor to Vice, while Gibson, Dunn & Crutcher LLP served as legal advisor to Lupa Systems deal. Lupa Systems, TPG Capital LP, TCMI Inc (TCV), Sixth Street Partners, and Antenna Group, have invested $135 million in Vice Media LLC, a digital media and broadcasting company. The deal was completed in Q3 2021.