Private equity firm Thoma Bravo has finalized the merger of its portfolio companies Hypergene and Stratsys, creating a new entity focused on financial planning, analysis, and governance software. The combined company integrates Hypergene's financial planning and analysis (FP&A) and portfolio management tools with Stratsys's governance, risk, and compliance (GRC) software.

This strategic combination aims to offer a comprehensive suite of solutions for businesses. Hypergene brings a team of 230 employees and over 600 customers across Sweden, Finland, Norway, and Germany. Stratsys contributes approximately 170 employees and more than 600 customers in Sweden and Norway. Verdane had previously invested in Stratsys in 2020.

The merger is poised to enhance competitive offerings in the business software market, particularly for companies seeking integrated solutions for financial operations and regulatory adherence. Investors will be watching to see if the consolidated entity can leverage its expanded customer base and product portfolio to drive growth and market share.