Qlik, a global leader in data integration, analytics, and AI, today announced the close of a significant minority investment led by a wholly owned subsidiary of Abu Dhabi Investment Authority (ADIA).
Thoma Bravo, a leading software investment firm and Qlik’s majority owner since 2016, also made an additional equity investment, alongside select institutional investors. The deal, initially signed in November 2024, has received all necessary regulatory approvals.
As enterprises increasingly seek to turn raw data into trusted insights and AI-driven decisions, Qlik’s unified platform—combining data, analytics, and governance—positions it to scale enterprise AI with speed and trust.
“Support from Thoma Bravo and a long-term investor like ADIA reinforces the strength of our strategy and the results we’re delivering,” said Mike Capone, CEO of Qlik.
“Qlik stands out for execution—helping enterprises move fast, act with trust, and turn data into confident decisions.”
Seth Boro, Managing Partner at Thoma Bravo, commented:
“Qlik continues to solve one of the biggest challenges in enterprise software—making data and AI actionable. Our ongoing majority ownership and new investment reflect our belief in Qlik’s ability to scale impact worldwide.”
Mike Hoffmann, Partner at Thoma Bravo, added:
“Qlik is ideally positioned at the intersection of data integration, governance, and analytics. With global enterprises moving from AI experimentation to execution, Qlik is ready to meet this moment.”
Following its acquisition of Upsolver, and advancements in agentic AI and conversational analytics, Qlik continues expanding its unified platform. As organizations pursue AI initiatives with an emphasis on cost efficiency and trust, Qlik is the partner of choice for real-time, governed AI solutions.
Guggenheim Securities LLC served as financial advisor and Kirkland & Ellis LLP as legal advisor to Thoma Bravo and Qlik. Evercore and Gibson, Dunn & Crutcher LLP advised ADIA.
