Lexmark’s Enterprise Software Business Sold

Thoma Bravo has completed its acquisition of Lexmark’s Enterprise Software Business. The private equity firm announced it has finalized the deal with Lexmark International Inc software enterprise.

Lexmark’s Enterprise Software Business was made up of Kofax, Perceptive and Readsoft. Both Kofax and Readsoft have been amalgamated as one independent company to join the Thoma Bravo portfolio while Perceptive has been “acquired by Hyland Software Inc,” also a Thoma Bravo portfolio company.

Seth Boro, Managing Partner, Thoma Bravo, said: “Kofax and ReadSoft have a proven track record of delivering high-quality software that is of great value to the enterprise. By helping simplify and streamline burdensome processes, Kofax enables businesses to focus on its customers.