TA Associates Makes Growth Investment in Veracode

March 15, 2022

TA Associates has signed a definitive agreement to make a significant growth investment in Veracode, valuing the application security company at $2.5 billion. Current majority investor Thoma Bravo will retain a minority stake; the deal is expected to close in Q2 2022 and will fund Veracode's product expansion, strategic M&A, and global growth initiatives.

Buyers
TA Associates
Targets
Veracode
Sellers
Thoma Bravo
Industry
Cybersecurity
Location
Massachusetts, United States
Transaction Type
Growth capital

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