Thoma Bravo completes $3.9B Sophos acquisition

Thoma Bravo completes $3.9B Sophos acquisition
  • Thoma Bravo announced that it has closed its hefty $3.9 billion acquisition of security firm Sophos, marking yet another private equity deal in the books.
  • They were paid $7.40 USD per share for their trouble, according to the company, and it indicated that as part of the closing, the stock had ceased trading on the London Stock Exchange.
  • It also pointed out that investors who got in at the IPO price in June 2015 made a 168% premium on that investment.
  • Sophos currently partners with 53,000 resellers and managed service providers, and counts more than 420,000 companies as customers.
  • The platform currently helps protect 100 million users, according to the company.
Kevin William David
Co-founder @creatorstack . Director of Community @angellist. No 1 Hunter on @product-hunt .

Thoma Bravo, the private equity firm, has acquired more than 200 software and technology companies representing more than $50 billion of value. Among the firm’s acquisitions are Imperva, Veracode and Barracuda Networks, … Show more