Billionaire Profile
Seth Boro
Global Rank
#834

Image: Public domain | via Wikimedia Commons

Seth Boro

CEO, Thoma Bravo
US
Real-Time Net Worth
$4.9B
As of December 2025
Age
50
Source
Private equity
Industry
finance-investments
Citizenship
US

Biography

Seth Boro is a prominent figure in the private equity sector, currently serving as a Managing Partner at Thoma Bravo. With an estimated net worth of $4.9 billion as of December 4, 2025. His career spans over two decades, marked by significant achievements in the technology and cybersecurity industries. Boro's wealth stems from his successful investments and leadership roles within Thoma Bravo, a leading software-focused private equity firm. He has been instrumental in numerous deals, including the sale of Imperva to Thales and the acquisition of Dynatrace. Beyond his financial success, Boro is also involved in philanthropy, co-founding the Room to Breathe Project, which focuses on youth mental health and well-being.

Wealth Over Time

In-Depth Profile

Early Life and Education

Seth Boro, originally from Canada, received a Bachelor of Commerce degree from Queen's University School of Business and an MBA from Stanford University Graduate School of Business. Boro began his career as an analyst at First Marathon Securities, now National Bank Financial, before joining Credit Suisse in Toronto. Prior to joining Thoma Bravo in 2005, he was part of the investment team at Summit Partners, where he focused on private equity investments in technology and business services.

Rise to Success

Boro's career took a significant turn when he joined Thoma Bravo, where he became a Partner in 2010 and a Managing Partner in 2013. His role at Thoma Bravo involves leading the firm's infrastructure software and cybersecurity strategy. He is responsible for executing new deals, growing portfolio companies as an active board member, and managing the firm. During his time at Thoma Bravo, Boro has held more than 30 board seats and led over 15 exits, helping to establish one of the largest cybersecurity portfolios in private equity.

Key Business Strategies

Boro's success is attributed to his expertise in technology and cybersecurity. He regularly provides insights on sector trends and risks through media interviews and industry events. At Thoma Bravo, Boro focuses on acquiring innovative companies and working with their management teams to transform them into top operators. This partnership-driven approach has been a core strategy, fostering organic growth and creating results faster. Boro emphasizes leadership as the most important factor in successful companies, believing that great leaders make numerous small, impactful decisions.

Philanthropy

Beyond his financial endeavors, Seth Boro, alongside his wife, Jen Hamilton, founded the Room to Breathe Project. This initiative is dedicated to supporting and improving young people's mental health and well-being, particularly in under-resourced communities.

Career Milestones

2000

Began career at Summit Partners

Joined Summit Partners, focusing on private equity investments in technology and business services

2005

Joined Thoma Bravo

Began working at Thoma Bravo

2013

Became Managing Partner at Thoma Bravo

Promoted to Managing Partner at Thoma Bravo

2024

Private Equity Deal of the Year

Received industry recognition for the 2023 sale of Imperva to Thales (Private Equity Deal of the Year at the 2024 International M&A Awards)

Philanthropy & Social Impact

Mental Health

Room to Breathe Project

Undisclosed

Supports and improves young people's mental health and well-being, focusing on under-resourced communities

Business Philosophy & Leadership

Notable Quotes

"Leadership is everything."

Leadership Principles

Partnership-driven approach

Works with existing management teams to achieve results faster.

Focus on Leadership

Believes that having the right leaders is the most important thing.