Thoma Bravo Acquires UK Cybersecurity Leader Darktrace in $5.3 Billion Deal
Summary
Gordon Hurst, Chair of Darktrace, emphasized the attractiveness of the proposed offer, stating that it provides shareholders with certainty and fair value. Darktrace, known for its cutting-edge artificial intelligence-driven cybersecurity solutions, has experienced a surge in demand for its services, leading to an upgrade in its revenue forecast for the fiscal year 2024. Thoma Bravo has been investing exclusively in software for over twenty years and we will bring to bear the full range of our platform, operational expertise and deep experience of cybersecurity in supporting Darktrace’s growth”, says Almeida. Thoma Bravo’s extensive experience in software investment, coupled with its substantial financial resources, positions Darktrace for accelerated expansion and innovation in the cybersecurity domain. With Thoma Bravo’s backing, Darktrace aims to reinforce its position as a pioneering cybersecurity firm while contributing to the UK’s technological advancement.
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