H.I.G. Capital and Thoma Bravo to Acquire CompTIA

H.I.G. Capital and Thoma Bravo have announced a definitive agreement to acquire CompTIA, which provides education, training, certifications, and market research, across areas including cybersecurity, emerging technologies, networking, cloud computing, and technical support. The organization has awarded more than 3.5 million globally recognized certifications to professionals across the full range of technology companies. It also maintains a strong global partner program with thousands of academic institutions, non-profits, job corps centers, and other organizations, focused on developing and certifying the next generation of technology talent.

“We are thrilled to be joining forces with two leading, experienced investors in the technology space, whose expertise and resources will allow us to expand our impact on the global IT industry,” said Todd Thibodeaux, President and CEO at CompTIA. “Through this transaction, we will be well-positioned to accelerate and expand the rollout of products and services to train the highly skilled workers of the future, and further strengthen our reputation across the industry as the leading provider of certifications and trainings.”

Terms were undisclosed. Following the closing of the transaction, which is expected in early 2025 pending customary regulatory approval, CompTIA will operate as a for-profit company under H.I.G. and Thoma Bravo’s ownership. Its existing membership-based, 501(c)(6) nonprofit organization will be separated from CompTIA and continue its mission of service to the IT industry on an independent basis.

Channel Impact^®
The transaction is expected to allow the association to chart an expanded course of service to the global IT industry while making a “substantial new commitment to charitable impact.”