LeaderPortfolio
Spaht
Holden Spaht
Rank #859
UNITED STATESFinance & InvestmentsPrivate equity

Holden Spaht

Net Worth
$4.888B
0% (24h)
Holden Spaht is a prominent figure in the private equity world, currently serving as a Managing Partner at Thoma Bravo, a leading software-focused investment firm. With an estimated net worth of $4.9 billion, Spaht's wealth stems from his successful career in private equity. He joined Thoma Bravo in 2005 and has been instrumental in the firm's growth, particularly in application software investments. Spaht, a graduate of Dartmouth College and Harvard Business School, is also actively involved in philanthropy through the Spaht Family Foundation, which focuses on mental health, environmental conservation, and the arts.

How to read Holden Spaht's profile

Public net-worth figures are estimates. They combine observable inputs—typically listed equity, disclosed transactions, and market prices—with editorial judgment where filings are incomplete (for example, private holdings, debt, or cross-holdings). For Holden Spaht, we anchor the narrative to Private equity and Private equity, then update the headline number as markets move. The chart on this page is meant to show trajectory, not a certified balance sheet.

When you see $4.888B alongside global rank #859, interpret it as our best synthesis of widely cited ownership and price signals—not a claim about cash on hand. Estimates can diverge from other publishers because of different treatment of options, trusts, charitable vehicles, or illiquid assets. We document the general approach in methodology and welcome corrections via corrections.

Country (UNITED STATES) and career milestones on this page are curated for reader context; they should be verified against primary sources when used for research. Editorial metadata for this profile is refreshed on a rolling basis, with deeper audits at least annually (last noted cycle: 2026).

Looking for depth? When available, the dossier and timeline sections below add long-form context beyond the headline number—prioritize those modules when evaluating claims about strategy, controversies, or philanthropic commitments.

The Full Dossier

Early Life

Holden Spaht was born and raised in Baton Rouge, Louisiana, the son of educators. He is known to be a passionate fan of LSU football. He attended Dartmouth College, where he earned a B.A. in economics. Spaht also studied international politics at the University of Cologne on a Fulbright Scholarship before earning an MBA from Harvard Business School.

Rise to Success

Spaht began his career at Morgan Stanley as an analyst. He subsequently held analyst and associate roles at Thomas H. Lee Partners and Morgan Stanley in London and San Francisco. In 2005, he joined Thoma Bravo and has since played a key role in the firm's expansion and success in software private equity. As a Managing Partner, Spaht leads the firm's application software strategy, with a specific focus on financial technology, e-commerce, education, and the office of the CFO sectors. He serves on the investment committees for all Thoma Bravo funds and sits on the boards of several software and technology service companies.

Key Business Strategies

Spaht's career has been marked by his strategic focus on the software sector, particularly in the areas of financial technology, e-commerce, and education. His expertise in leading application software investments and guiding digital transformation in enterprise software has been crucial to Thoma Bravo's success. He has led numerous successful deals and has held over two dozen board seats throughout his career. His investment approach has contributed significantly to the firm's strong performance and growth.

Philanthropy

Beyond his professional achievements, Spaht is committed to philanthropy. He is the president and chair of the Spaht Family Foundation, established in 2019 with his wife, Claire. The foundation supports causes related to mental health, environmental conservation, and the arts. Spaht's commitment to philanthropy also includes supporting the Lindley Center at Washington and Lee University, a student health and wellness clinic named in honor of his late sister, Dr. Lindley Spaht.

Career Timeline

2019

Founded Spaht Family Foundation

Established a family foundation focused on mental health, the environment, and the arts.

2013

Managing Partner at Thoma Bravo

Assumed the role of Managing Partner, leading the application software strategy.

2005

Joined Thoma Bravo

Began working at Thoma Bravo and played a key role in the firm's growth.

Philanthropic Impact

Philanthropy$1.4B

Spaht Family Foundation

Supports initiatives in climate, mental health, and the arts.

Philanthropy$4.0B

Lindley Center at Washington and Lee University

Lead donor for the health and counseling clinic.

Philanthropy$2.0B

SMU Meadows School of the Arts

Supports art education.

Key Business Ventures & Holdings

CompanyStakeValue
Thoma Bravo Advantage

Net Worth History

In-Depth Analysis

Early Life

Holden Spaht was born and raised in Baton Rouge, Louisiana, the son of educators. He is known to be a passionate fan of LSU football. He attended Dartmouth College, where he earned a B.A. in economics. Spaht also studied international politics at the University of Cologne on a Fulbright Scholarship before earning an MBA from Harvard Business School.

Rise to Success

Spaht began his career at Morgan Stanley as an analyst. He subsequently held analyst and associate roles at Thomas H. Lee Partners and Morgan Stanley in London and San Francisco. In 2005, he joined Thoma Bravo and has since played a key role in the firm's expansion and success in software private equity. As a Managing Partner, Spaht leads the firm's application software strategy, with a specific focus on financial technology, e-commerce, education, and the office of the CFO sectors. He serves on the investment committees for all Thoma Bravo funds and sits on the boards of several software and technology service companies.

Key Business Strategies

Spaht's career has been marked by his strategic focus on the software sector, particularly in the areas of financial technology, e-commerce, and education. His expertise in leading application software investments and guiding digital transformation in enterprise software has been crucial to Thoma Bravo's success. He has led numerous successful deals and has held over two dozen board seats throughout his career. His investment approach has contributed significantly to the firm's strong performance and growth.

Philanthropy

Beyond his professional achievements, Spaht is committed to philanthropy. He is the president and chair of the Spaht Family Foundation, established in 2019 with his wife, Claire. The foundation supports causes related to mental health, environmental conservation, and the arts. Spaht's commitment to philanthropy also includes supporting the Lindley Center at Washington and Lee University, a student health and wellness clinic named in honor of his late sister, Dr. Lindley Spaht.

Data Sources & Methodology

Figures for Holden Spaht are synthesized from the sources below and cross-checked against our net worth methodology. Estimates may lag market moves; see corrections to report discrepancies.