Public disclosures or news releases from Thoma Bravo

Thoma Bravo Buys Darktrace for $5.32B, 44% Premium; Shares Surge

Apr 26, 2024, 07:45 AM

Thoma Bravo, a US private equity firm, has agreed to acquire UK-based cybersecurity firm Darktrace in a deal valued at approximately $5.32 billion. The acquisition, which involves a cash transaction, will result in Darktrace leaving the London Stock Exchange. The deal also includes a 44% premium on Darktrace's closing share price on April 25, with a purchase price of $7.75 per share. Following the announcement, Darktrace shares surged. This acquisition highlights Darktrace's capabilities in artificial intelligence and marks a significant move in the cybersecurity sector.