Hyland Software: “Slice of Silicon Valley” in Ohio
In 2007, Cleveland, Ohio-based Hyland Software was a growing company that needed help to stay ahead in a highly competitive marketplace. Hyland formed a strategic…
In 2007, Cleveland, Ohio-based Hyland Software was a growing company that needed help to stay ahead in a highly competitive marketplace. Hyland formed a strategic partnership with private equity firm Thoma Bravo and as a result, the company was able to make acquisitions and integrate technologies necessary for growth. Since the initial investment, Hyland Software has more than doubled its number of employees.
Hyland has doubled employment in less than five years, with more than 1,300 people on staff today. The company expects to hire 150 more by the end of 2012.
Since its initial investment in 2007, Thoma Bravo has helped Hyland purchase five companies and grow revenue by $144 million.
Hyland has increased its customer count by 4,000 since the investment, with more than 10,800 lifetime customers today.
