Thoma Bravo, a software investment firm, has made a significant growth investment in SMA Technologies, a provider of automation services for the financial services sector.

SMA’s automation service, OpCon, looks to simplify IT by eliminating manual tasks and reducing human error with technology. The investment aims to expand SMA’s automation services for its clients as well as the company’s geographic growth.

“As the increasingly digital workplace multiplies IT workloads, SMA is mission-critical to helping enterprises smoothly manage today’s complex IT environment,” says Adam Solomon, a partner at Thoma Bravo.

“With Thoma Bravo’s operational expertise and financial resources, we will be better positioned to drive global growth while continuing to provide our clients and their employees with seamless solutions to automate processes, applications and workflows,” comments Todd Dauchy, CEO of SMA Technologies.

Raymond James served as financial advisor and Kirkland & Ellis LLP served as legal advisor to SMA Technologies.