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Thoma Bravo becomes majority investor in PEC Safety

Thoma Bravo LLC, which backs software and technology-enabled services companies, closed its majority investment in PEC Safety.

The acquired company provides contractor-management software and safety-learning content that aids hiring clients and contractors in managing risk, safety and compliance. It serves more than 110 operators and 15,000 contractors worldwide.

PEC Safety CEO Colby Lane said in a release that the partnership with the private equity firm should help his company expand its content software and learning solutions into new verticals.