This big-time private-equity player is heading west as it grows – Crain’s*

Thoma Bravo, which has grown into a big-time private-equity tech investment firm, has quietly moved most of its key decision-makers and personnel to San Francisco. Mitchell and Thoma, 71, are the only two managing partners remaining in Chicago, with the other four based in San Francisco.

Thoma partially faults Illinois for the drift west, criticizing Gov. J.B. Pritzker's policies as not good for business and noting the hundreds of millions of dollars in taxes the firm has generated for the state. Thoma also laments Chicago's recent upheaval, which included looting downtown. "I am worried about Chicago," he says. "Six police cars in front of your residence does not inspire confidence."
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Lyn P
5 years ago

Good for them! Only more money OUT the border is going to resonate with the over-sized, over-greedy IL money-grabbers.

However, San Fran(chits)co — hmmm…

Fed up neighbor
5 years ago

This is only the beginning

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