# ConnectWise

ConnectWise is an Asset Manager based in Tampa, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Tampa, United States
- **Region:** North America
- **Address:** Tampa, FL, United States
- **Assets under management:** Undisclosed
- **Website:** connectwise.com
- **LinkedIn:** https://www.linkedin.com/company/connectwise

## Regulatory record

- **Reports private funds:** No

## About

ConnectWise offers IT management software and services for technology solution providers. Their solutions include business management, unified monitoring and management, cybersecurity, and data protection. Founded in 1982, the company is based in Tampa, Florida.

## Sectors

- Enterprise Software

## People

- Jason Magee — CEO

## Questions

### Who controls ConnectWise after the 2025 recapitalization?

A consortium led by growth-equity firm Bregal Sagemount acquired a majority stake in February 2025, per Bloomberg reporting. Thoma Bravo retained a minority interest in the business. The transaction valued ConnectWise at more than $8 billion and left CEO Jason Magee and the existing operating team in place to continue running the asset.

### How does ConnectWise source deal flow for its own M&A?

ConnectWise operates in a concentrated market where most relevant targets — cybersecurity add-ons, backup and disaster-recovery tools, service-desk AI — are well-known to the management team because they compete or integrate with the existing platform. Thoma Bravo historically surfaced targets from its portfolio and a broad network of sell-side bankers; under new majority owners, the playbook is expected to continue, with an emphasis on tuck-in acquisitions that extend the suite without requiring separate sales teams.

### What investment stages does ConnectWise's sponsor typically target within the platform?

The firm itself sits at the growth-to-mature stage in private equity hands. As a platform asset, ConnectWise is the vehicle into which sponsors tuck smaller, often bootstrapped or early-growth companies (such as Perch Security) to accelerate product-line expansion. The model is buy-and-build, not venture, and the sponsors target cash-flow positive targets that can be integrated into the larger subscription bundle.

### Which sectors and deal types does ConnectWise explicitly avoid?

ConnectWise focuses narrowly on managed-service-provider tooling — PSA, RMM, cybersecurity operations for IT channel partners. It has not expanded into adjacent enterprise IT service management (ITSM) platforms, general ERP, or direct-to-consumer software. The firm avoids taking product-market risk outside the MSP distribution channel, which is the source of its structural retention advantage.

## Related profiles

- [Revolution](https://altss.com/profile/revolution-llc)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/connectwise

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