02/06/2021
BUSINESS
Polish off the résumé. Chicago’s Thoma Bravo is joining the Miami migration.
BY REBECCA SAN JUAN
FEBRUARY 02, 2021 07:00 AM
The skyline of the Brickell financial center, where business-commercial towers and luxury condo towers come together over Biscayne Bay, May 2019.
The skyline of the Brickell financial center, where business-commercial towers and luxury condo towers come together over Biscayne Bay, May 2019. PEDRO PORTAL [email protected]
Private equity firm Thoma Bravo is joining the growing list of out-of-town firms migrating to South Florida.
The company hopes to open a Miami office in the second half of 2021, according to Orlando Bravo, the co-founder and managing partner of the Chicago-headquartered firm. The firm also expects to hire local talent but is uncertain how many jobs it will fill here.
Bravo launched the firm about 20 years ago by investing in start-up software companies.
The firm has a total of 114 employees between its Chicago and San Francisco locations. Miami will be the company’s first East Coast outpost. Some of its current employees, including firm partner Chip Virnig, are relocating to Miami, Bravo said by email.
He said Miami appealed to the company because of its growing business community and diverse population. “Miami is an amazing city with one of the most vibrant and fast-growing technology and business communities in the U.S. A key factor behind our decision to open an office in Miami is the ability to tap into diverse local talent.”
