Runzheimer: Thoma Bravo to buy Motus and Runzheimer

Thoma Bravo has agreed to acquire Motus and Runzheimer and merge them to form a vehicle management and reimbursement platform. No financial terms were disclosed. Canaccord Genuity Inc. served as financial adviser to Thoma Bravo and Motus on the deal while Robert W. Baird & Co. did likewise for Runzheimer. TPG Sixth Street Partners and Owl Rock Capital providing the financing for the transaction.