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Thoma Bravo Completes Acquisition of TRADERSAN FRANCISCO, Sept. 28, 2016 /PRNewswire/ -- Thoma Bravo, LLC, a leading private equity investment firm, today announced that it has completed its acquisition of TRADER Corporation (TRADER), Canada's leading digital automotive marketplace and software solutions provider. "Today's announcement with Thoma Bravo will enable TRADER to enhance our market position and strengthen our commitment to innovation," said Sebastian Baldwin, President and CEO of TRADER. "This partnership represents a new chapter in TRADER's history, and we are excited to work with Thoma Bravo to augment our leadership." TRADER Corporation is Canada's largest and most trusted digital automotive marketplace and provides the most comprehensive set of marketing software solutions to Canadian automotive dealers. Its market leading online properties — autoTRADER.ca™, autoHEBDO.net™ and Autos.ca — attract 13 million visits per month and are regularly relied upon by over 5,000 dealers, listing over 450,000 vehicles. In addition, the company provides software solutions that enable its dealer customers to make smarter and faster business, inventory, and marketing decisions. "We continue to be impressed by TRADER's team and its commitment to its customers," said Holden Spaht, a managing partner at Thoma Bravo. "We look forward to working closely with the TRADER team to further develop the business, leverage our technology expertise, and support the company's investment in growth initiatives." About Thoma Bravo, LLC About TRADER Logo - http://photos.prnewswire.com/prnh/20160706/386960LOGO To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/thoma-bravo-completes-acquisition-of-trader-300335859.html SOURCE Thoma Bravo, LLC |