Thoma Bravo Acquires Proofpoint for Approximately $12.3 Billion

Thoma Bravo Completes Acquisition of SailPoint Technologies Holdings

August 16, 2022

Cybersecurity

Thoma Bravo completed its all-cash acquisition of SailPoint Technologies Holdings, valuing SailPoint at approximately $6.9 billion. SailPoint stockholders received $65.25 per share, and SailPoint’s common stock ceased trading and was delisted from the NYSE.

Thoma Bravo Takes Sophos Private

March 2, 2020

Cybersecurity

Thoma Bravo completed a take-private acquisition of Sophos for approximately $3.9 billion, valuing Sophos at $7.40 per share. The deal, approved by Sophos shareholders, delists Sophos from the London Stock Exchange and positions the company to accelerate product innovation and growth under private ownership.

Thoma Bravo Acquires Bottomline Technologies

May 13, 2022

Payments & Fintech

Thoma Bravo completed an all-cash acquisition of Bottomline Technologies for approximately $2.6 billion, taking the payments software company private. Thoma Bravo said it will leverage its capital and operating expertise to accelerate Bottomline’s product innovation and global growth while Bottomline appointed Craig Saks as CEO.

Thoma Bravo Acquires Ping Identity

October 18, 2022

Software

Thoma Bravo completed its previously announced all-cash acquisition of Ping Identity for approximately $2.8 billion. Ping Identity stockholders received $28.50 per share, Ping Identity will be delisted from the NYSE, and Thoma Bravo said it will support Ping's next phase of product innovation and growth.

Thoma Bravo Acquires Coupa Software

February 28, 2023

Cloud & SaaS

Thoma Bravo agreed to acquire Coupa Software in an all-cash transaction valued at approximately $8.0 billion. The deal also includes a significant minority investment from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA). The acquisition was later completed, with Coupa stockholders receiving $81.00 per share in cash.

Thoma Bravo Acquires Anaplan

June 22, 2022

Cloud & SaaS

Thoma Bravo agreed to acquire Anaplan in an amended all-cash transaction, with Anaplan stockholders receiving $63.75 per share. The deal closed in June 2022, valued at approximately $10.4 billion, and Anaplan became a private company with its NYSE listing ended.