Freeing itself from the fetters of public-investor expectations, IT infrastructure company Compuware is becoming privately held, with equity investment firm Thoma Bravo purchasing the company outright for approximately US$2.5 billion.

“Compuware is now best suited to focus on its core mainframe and [application performance management] businesses as a private-equity backed company, ” said Bob Paul, Compuware CEO, in a statement, adding that the move will give the company more flexibility to manage its business with a long term vision.

Current shareholders of Compuware will get an aggregate value of approximately $10.92 per share, a 17 percent bump from the company’s stock price at the close of trading on Friday.

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