"Cleaning up" is a phrase reserved for exits. Thoma Bravo is merely "acquisitive". They just raised a big new fund; it is common to have a couple of transactions lined up when raising a new fund so you can begin with a bang and deploy capital sooner rather than later.

True but they know how to maximize the spreadsheets. Expect to see some large returns for Thoma Bravo in the next few years.

The investors will do real good -- from the investor perspective, they are great. Just sucks for the workers that get churned out in the process.