Thoma Bravo Completes Acquisition of SailPoint Technologies Holdings

Thoma Bravo Acquires Proofpoint for Approximately $12.3 Billion

August 31, 2021

Cybersecurity

Thoma Bravo entered into a definitive agreement to acquire Proofpoint, a cybersecurity and compliance software company, in an all-cash transaction valued at approximately $12.3 billion. The acquisition was completed in 2021, with Proofpoint stockholders receiving $176.00 per share.

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 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 ForgeRock; Combines ForgeRock into Ping Identity

August 23, 2023

Software

Thoma Bravo completed its $2.3 billion all-cash acquisition of ForgeRock, paying $23.25 per share and taking the company private. The firm will combine ForgeRock into its existing portfolio company Ping Identity to broaden capabilities and scale in the Identity and Access Management market; ForgeRock’s Class A common stock was delisted from the NYSE.

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 Calypso Technology from Bridgepoint and Summit Partners

March 22, 2021

Software

Thoma Bravo has agreed to acquire Calypso Technology from private equity owners Bridgepoint and Summit Partners; the transaction is expected to close in Q2 2021 subject to regulatory approvals and financial terms were not disclosed. Calypso, a San Francisco–based provider of cloud-enabled, front-to-back capital markets software and managed services, will partner with Thoma Bravo to accelerate product innovation, cloud adoption and growth through organic investment and M&A.