Billionaire Profile
Holden Spaht
Global Rank
#827

Image: Public domain | via Wikimedia Commons

Holden Spaht

CEO, Thoma Bravo
US
Real-Time Net Worth
$4.9B
As of December 2025
Age
51
Source
Private equity
Industry
finance-investments
Citizenship
US

Biography

Holden Spaht is a Managing Partner at Thoma Bravo, a leading private equity firm. With an estimated net worth of $4.9 billion, Spaht's wealth stems from his successful career in private equity, particularly in the software sector. He joined Thoma Bravo in 2005 and has been instrumental in the firm's growth, leading numerous successful investments. His career began at Morgan Stanley, and he later held roles at Thomas H. Lee Partners before returning to Morgan Stanley. Spaht is actively involved in the firm's application software strategy, with a focus on financial technology, e-commerce, and the office of the CFO spaces. He is also the President and Chair of the Spaht Family Foundation, which supports various philanthropic causes. His achievements include leading multiple successful exits and being recognized for significant deals in the private equity industry.

Wealth Over Time

In-Depth Profile

Early Life

Holden Spaht, born and raised in Baton Rouge, Louisiana, is the son of educators. He attended Dartmouth College, where he earned a B.A. in economics, followed by studies in international politics at the University of Cologne on a Fulbright Scholarship. He later obtained an MBA from Harvard Business School. These educational experiences provided a strong foundation for his future career.

Rise to Success

Spaht began his career as an analyst at Morgan Stanley in New York. He subsequently held analyst and associate roles at Thomas H. Lee Partners in Boston and Morgan Stanley in London and San Francisco. In 2005, he joined Thoma Bravo, where he has been a key figure in the firm's growth. He is responsible for leading the firm's application software strategy, focusing on financial technology, e-commerce, and other sectors. Over his career, Spaht has held board seats and led numerous exits, playing a pivotal role in the digital transformation of enterprise software.

Key Business Strategies

Spaht's strategy at Thoma Bravo involves identifying and executing investments in the software and technology sectors. He focuses on driving innovation and profitable growth within portfolio companies. Spaht's approach includes collaborating with management teams, promoting operational excellence, and leveraging deep sector knowledge to guide strategic decisions. He has been at the forefront of numerous successful deals, contributing to Thoma Bravo's reputation as a leading private equity firm.

Philanthropy

Beyond his professional achievements, Spaht is deeply committed to philanthropy. He is the president and chair of the Spaht Family Foundation, established in 2019. The foundation supports causes such as mental health, the arts, environmental conservation, and humanitarian assistance. It is a lead donor to the Lindley Center at Washington and Lee University and has supported community development, education, and athletic initiatives.

Career Milestones

2005

Joined Thoma Bravo

Became a Managing Partner, playing a key role in the firm's growth and software private equity strategy.

2019

Founded Spaht Family Foundation

Established a foundation focused on supporting mental health, the arts, and other philanthropic causes.

Philanthropy & Social Impact

Philanthropy

Spaht Family Foundation

Undisclosed

Supports mental health initiatives, the arts, environmental conservation, and humanitarian assistance.

Education

Lindley Center

Undisclosed

Lead donor to the student health and wellness clinic at Washington and Lee University.