Exostar — a cloud-centric company set up by defense giants BAE Systems, Boeing, Lockheed Martin, Raytheon, Rolls-Royce to manage highly sensitive supply chains — has been bought by private equity (PE) firm Thoma Bravo.
The Exostar platform serves a claimed 150,000 organisations. The terms of the deal were not disclosed by the Chicago-headquartered PE fund.
The acquisition is the latest indicator of growing investor interest in supply chain optimisation and security: a segment that has come under the spotlight, following disruptions caused by the COVID-19 outbreak this year; the pandemic ground factories and shipping to a halt.
What is Exostar?
Herndon, Virginia-based Exostar’s