Thoma Bravo Acquires Verint Systems and Combines It with Calabrio

November 26, 2025

Thoma Bravo completed its acquisition of Verint Systems, a leader in AI-driven customer experience (CX) automation, following a transaction valued at approximately $2.0 billion that closed on November 26, 2025. The firm will combine Verint with its portfolio company Calabrio to create a unified AI-powered CX platform; Verint CEO Dan Bodner will transition to an advisory role and Mike Lipps will serve as interim CEO of the combined business.

Buyers
Thoma Bravo
Targets
Verint Systems, Inc.
Sellers
Verint stockholders (public shareholders)
Platforms
Calabrio
Industry
Cloud & SaaS
Location
New York, United States
Transaction Type
Buyout

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