Sophos, supported by private equity giant Thoma Bravo, has sealed a deal to acquire Secureworks for $859 million in cash. This acquisition aims to integrate Secureworks’ advanced threat intelligence capabilities, particularly its Taegis XDR platform, into Sophos’ existing product lineup. The combination is expected to enhance Sophos’ managed detection and response (MDR) and extended detection […]
In a startling move that sent shockwaves through the stock market, MeridianLink, a leading software provider for financial institutions, saw its shares plummet by 5% following the announcement of a secondary public offering. Investors reacted swiftly to the news that 6 million shares would be sold by existing stakeholders, particularly funds managed by private equity […]
In a significant development for the education technology sector, Instructure Holdings, Inc., a leading global learning ecosystem provider, has announced it will be acquired by investment funds managed by KKR, a major global investment firm. The all-cash transaction is valued at approximately $4.8 billion, with KKR offering $23.6 per share, representing a 16 percent premium […]
CyberArk (NASDAQ: CYBR), a global leader in identity security, has entered into a definitive agreement to acquire Venafi, a pioneer in machine identity management, from private equity firm Thoma Bravo. The transaction, valued at approximately $1.54 billion, comprises $1 billion in cash and $540 million in CyberArk shares, aiming to create a comprehensive platform for […]
Thoma Bravo, a leading software investment firm, announced today that it has agreed to acquire all issued and to be issued ordinary share capital of Darktrace, a global leader in cybersecurity artificial intelligence, for an all-cash transaction. The acquisition values Darktrace at approximately $4,992 million, representing a substantial premium and reflecting the company’s strong position […]
In a landmark announcement, Everbridge, Inc. (Nasdaq: EVBG), a global leader in critical event management (CEM) and national public warning solutions, revealed it has entered into a definitive agreement to be acquired by Thoma Bravo, a leading software investment firm. The all-cash transaction, valued at approximately $1.5 billion, is poised to significantly accelerate Everbridge’s growth […]
NextGen Healthcare, Inc. (Nasdaq: NXGN), a frontrunner in cloud-based healthcare technology solutions, has announced a definitive agreement for acquisition by Thoma Bravo, a leading software investment firm. The transaction will result in NextGen Healthcare becoming a privately held company, with shareholders receiving $23.95 per share in cash. High Premium Offered to NextGen Healthcare Shareholders The […]
Thoma Bravo has announced the successful completion of its acquisition of global digital identity company ForgeRock. The all-cash transaction, valued at an eye-popping $2.3 billion, is set to shake up the dynamic and fast-growing Identity and Access Management market. Initially announced on October 11, 2022, the acquisition received the green light from ForgeRock stockholders during […]
Thales has announced an agreement with software investment firm Thoma Bravo to acquire US-based cybersecurity company Imperva. The deal is valued at an enterprise value of $3.6 billion and is anticipated to advance Thales’ cybersecurity business significantly. The acquisition will bolster Thales’ entry into the burgeoning application security market, enhancing data security and potentially driving […]
Prominent software investment firm, Thoma Bravo, has announced the conclusion of a strategic growth investment in Bluesight, a renowned Medication Intelligence Company. The undisclosed financial investment is set to bolster Bluesight’s drug diversion prevention solutions through its procurement of Medacist, a leader in drug diversion monitoring. Furthermore, the deal is projected to expand Bluesight’s inventory […]