ADIA Closes Acquisition of Minority Stake in Qlik

Qlik, a global leader in data integration, data quality, analytics, and AI based in the US, on Thursday announced the close of a previously disclosed significant minority investment led by a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA).

As part of the transaction, Thoma Bravo, a leading software investment firm, remains Qlik’s majority owner and has made a new equity investment alongside ADIA. A select group of institutional investors have also co-invested. The transaction, originally signed in November 2024, has now received all necessary regulatory approvals.

Qlik helps organisations move from AI ambition to execution by turning raw data into trusted insights and proactive decisions. Through a unified platform that integrates data, analytics, and governance, Qlik provides the foundation enterprises need to scale AI initiatives with confidence. Across industries, customers rely on Qlik to stay agile in the face of market shifts, global disruptions, and unexpected challenges.

Qlik’s Focus on AI Firms

lik CEO Mike Capone said that support from Thoma Bravo and a long-term investor like ADIA reinforced the strength of their strategy and the results they were delivering.

He also said that in a market full of AI ambition, Qlik stands out for execution—helping enterprises move fast, act with trust, and turn data into confident decisions. This investment enables the company to stay focused and scale that impact.

Seth Boro, a Managing Partner at Thoma Bravo Seth Boro, said that Qlik has consistently executed against one of the most important challenges facing modern enterprises: turning data and AI into real business outcomes.

Building on its recent acquisition of Upsolver and its advancements in agentic AI solutions and conversational analytics, Qlik continues to expand its unified platform for trusted, scalable AI.

As enterprises invest in AI while seeking to lower costs and maintain trust across the AI value chain, Qlik is increasingly the partner of choice—enabling faster execution with open architectures, governed data, and real-time insights.