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  2. Thoma Bravo
    • According to 4 sources
    UK cybersecurity firm Darktrace is to be acquired by American private equity group Thoma Bravo in a deal worth 5.32 billion dollars (£4.25 billion), the companies have announced. The cash deal consists of an agreed price of 7.75 dollars (620p) per share, a 44% premium on Darktrace’s average share price in the last three months, Thoma Bravo said.
    Thoma Bravo, a software-focused private equity firm, had agreed to buy Darktrace in April for $5.3 billion, and Darktrace shareholders voted to approve the sale in June. The deal still needs regulatory approval, but Thoma Bravo is expected to complete the acquisition by the end of 2024, a person familiar with the transaction said.
    Cybersecurity firm Darktrace on Friday became the latest business to quit the London Stock Exchange after it unveiled a $5.3 billion deal to be acquired by US private equity firm Thoma Bravo.
    In April, Thoma Bravo agreed to acquire Darktrace for £4.3 billion ($5.3 billion). The deal was seen as a fresh hit to the LSE, which has watched several companies leave in recent months in search of higher valuations on rival stock exchanges or on the private market.
     
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