Thoma Bravo management "doesn't force interaction between these companies," says Conner. "It's a loose federation."
But from Conner's perspective, the way that the executive board is structured means that executives both from Thoma Bravo and outside experts brought in as advisers watch what's going on and engage in some knowledge transfer to both try and improve individual company operations and share information that could be useful about things going on in other Thoma Bravo companies. "But they don't tell them what to do," Conner says. "We run ourselves as a company."
Sign up for CIO Asia eNewsletters.