Thoma Bravo Strikes $1.23 Billion Deal to Acquire Verint -- Betting Big on Automation
Summary
Thoma Bravo agreed to acquire Verint Systems for $1.23 billion in cash. The deal values Verint at about $2 billion and is expected to close by the end of the fiscal year, subject to approvals. Verint provides customer experience automation software to more than 10,000 customers across 175 countries. Thoma Bravo plans to combine Verint with Calabrio to strengthen its enterprise software and automation portfolio. The transaction fits Thoma Bravo’s broader push to build a larger interconnected software platform.
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Customer Service & Support
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Customer Experience Software
Contact Center Software
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Verint Systems
$1B+