Early Life and Education
Carl Thoma was born in 1949. He grew up in the panhandle of Oklahoma. He received a Bachelor's degree in agricultural economics from Oklahoma State University in 1971 and an MBA from Stanford Graduate School of Business in 1973.
Rise to Success
Thoma began his career at First Chicago Equity Group. In 1980, he co-founded Golder Thoma & Co., which later became Golder Thoma & Cressey, and then Golder Thoma Cressey Rauner. He split from the firm in 1998 to create Thoma Cressey Equity Partners. In 2008, Thoma, along with Orlando Bravo, formed Thoma Bravo. Since then, Thoma Bravo has grown to manage over $181 billion in assets. Thoma is recognized as a pioneer of the 'buy-and-build' strategy.
Key Business Strategies
Thoma Bravo focuses on investing in software and technology-enabled business service sectors, using a 'consolidation' or 'buy and build' investment strategy. The firm targets control investments in companies with strong business franchises and experienced executives.
Philanthropy
Thoma and his wife, Marilynn, established the Carl & Marilynn Thoma Foundation in 1986. The foundation supports arts and education initiatives through art grants, scholarships, fellowships, and endowments. In 2024, they launched the Thoma Scholars program at Oklahoma State University, providing full-ride scholarships to students from rural areas.
