Teachers’ completes Flexera acquisition

Ontario Teachers’ Pension Plan (Teachers’), through its private investment department, Teachers’ Private Capital, announced it has completed the acquisition of a majority stake in Chicago-based Flexera Software.

The transaction, originally announced in July, involved Teachers’ acquiring its stake in Flexera Software from Thoma Bravo, LLC, a private equity firm that is retaining a minority interest in the company. Terms of the transaction were not disclosed.