Somers sold IDS to the private equity firm Thoma Bravo in 2019. Nick directed all aspects of IDS’ strategic development and continually challenged the company to exceed expectations. He reconstructed IDS’ executive team, hiring more than 20 managers during SIP’s ownership, to ensure that the company had the resources and capabilities to
Instructure Responds to Criticism After Announcing Sale to Thoma Bravo Research By: Emily Sugerman , Info-Tech Research Group February 19, 2020 Instructure, the vendor behind the Canvas learning management system (LMS), has responded to pushback from both users and investors after announcing its sale to the private equity firm Thoma Bravo.
IDS supports its customers from offices in the US, UK, India, Australia and Singapore. The company was sold in 2019 to Thoma Bravo. The principals of SIP acquired control of IDS in 2012 and immediately undertook a comprehensive investment plan to drive growth and ensure that the business retained its leadership position for decades to come.