Thoma Bravo is buying Elemica for an undisclosed amount. Elemica provides supply chain operating network management software designed to help companies reduce costs and improve operations.

“The time was right to find a buyer with a proven track record of successfully investing in distinctive software and technology companies and helping them grow faster,” says Elemica chairman Robert Blackburn. Founded in 2000, Wayne, Pennsylvania-based Elemica previously worked with companies such as Dow Chemical Co. (NYSE: DOW), Goodyear Tire & Rubber Co. (Nasdaq: GT) and Sumitomo Chemical.

Thoma Bravo, headquarted in San Francisco, has been active in buying and selling software companies lately. The PE firm recently agreed to purchase Qlik Technologies Inc. (Nasdaq: QLIK). In 2015, Thoma Bravo partnered with Silver Lake Partners to buy SolarWinds and its portfolio company Hyland Software purchased LawLogix. On the exit side, Thoma Bravo sold Embarcadero Technologies and Sirius Computer Solutions Inc. Thoma Bravo won Mergers & Acquisitions’ 2014 M&A Mid-Market Award for Deal of the Year.

Houlihan Lokey Inc. (NYSE: HLI) and Pepper Hamilton are advising Elemica. Kirkland & Ellis is representing Thoma Bravo.