thoma bravo

Thoma Bravo takes critical event management software company Everbridge private in $1.8B deal

Everbridge, a critical event management (CEM) software company, is going private in a $1.8 billion all-cash deal that will see it taken over by private equity giant Thoma Bravo — 20% more than w

Security giant Proofpoint is laying off 280 employees, about 6% of its workforce

Proofpoint is laying off about 6% of its global workforce, or 280 employees, the company confirmed to TechCrunch. “This decision was not taken lightly, and it is deeply rooted in our forward-loo

Maybe compliance tech really is a good startup bet

Thoma Bravo is paying a fat premium to take EQS private ahead of what it anticipates to be a lucrative time for the company's market segment.

A year into private ownership, SailPoint cracks the $600M ARR threshold

The final earnings report that SailPoint disclosed before it was taken private detailed its Q2 2022 results, including revenue of $134.3M.

Thales enters app security market with $3.6B Imperva acquisition

French aerospace and defense group Thales is procuring cybersecurity company Imperva from Thoma Bravo in a deal worth $3.6 billion. The news comes four years after private equity giant Thoma Bravo acq

If Sequoia, Paradigm and Thoma Bravo settle a new lawsuit, it could upend VC; here’s why

It was only a matter of time before frustrated customers of the fallen crypto exchange FTX went after its deep-pocketed venture backers. Indeed, the most surprising thing about a class-action lawsuit

Thoma Bravo agrees to acquire digital forensics firm Magnet Forensics for over $1B

Thoma Bravo, the private equity and growth capital firm, today announced that it would spend $1.8 billion CAD (~$1.34 billion) to acquire Magnet Forensics, a Waterloo-based company making software use

Thoma Bravo snags Coupa for $8B despite activist pressure to hold off for higher price

When news surfaced last week that activist investors were taking the unusual step of pressuring Coupa Software to not sell for less than $95 a share, it got our attention. You don’t normally see inv

Thoma Bravo adds record $32B in new capital to fuel buyout funds

There has been widespread speculation that investors are sitting on substantial amounts of money for investing in startups and for acquisitions, depending on the firm’s goals. Today, private equ

The UserTesting sale to private equity is bad news for unicorns

The lessons of UserTesting's sale to private equity are pretty simple and not great for yet-private unicorns.

Thoma Bravo, Sunstone Partners to acquire UserTesting for $1.3B and combine it with UserZoom

Thoma Bravo and Sunstone Partners announced today that they’re acquiring customer insight platform UserTesting for $1.3 billion in an all-cash deal. The acquirers say they plan to combine it with Us

Thoma Bravo buys third identity company this year with $2.3B ForgeRock acquisition

Thoma Bravo knows what it likes, and apparently it likes identity access management — a lot. Today the firm announced its intention to acquire ForgeRock for $2.3 billion, the third company it has pu

Stockholm’s EQT Growth closes $2.2B to fund scaling European startups like Vinted, Mambu and Epidemic Sound

The days of European startups relocating to the U.S. if they want to grow (and raise money to do so) have been receding in the rearview mirror for a while now, so much so that even in these leaner tim

Key issues you should consider before signing an international merger deal

By understanding the key issues in cross-border tech M&A, an international acquirer can close a successful transaction and achieve its commercial objectives in the United States.

Ping Identity CEO discusses his company’s long, strange startup trip

Ping Identity CEO Andre Durand sees another opportunity to continue growing the company under private equity ownership.

What does $2.8B buy you in today’s market?

The premium Thoma Bravo paid for Ping may look steep, but there is some logic to it.

Thoma Bravo picks up Ping Identity for $2.8B in an all-cash deal

After a tough few months in the markets for Ping Identity, the enterprise identity management company today announced a big move: private equity firm Thoma Bravo is buying the company and taking it pr

AppOmni raises $70M to find and secure vulnerabilities in SaaS app stacks

As more enterprises migrate apps and workloads into the cloud, so grows the need for more sophisticated tech to secure that activity. That’s resulted in a strong run of funding rounds for startu

Real-time database startup Imply reaches unicorn status with $100M infusion

The desire to extract value from enterprise data has only grown as the pandemic prompts organizations to digitize their operations. But organizations often lack the right set of tools to do so. Accord

Salesforce and Twitter are both lucky their purported $20B deal failed in 2016

What if history gone a bit differently and Salesforce had bought Twitter in 2016? We spoke to some analysts who cover the CRM industry to get their thoughts.
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