Announced
Completed
Thoma Bravo completed the acquisition of Sophos Group for $3.8bn.
Financials
Sources
RNS Announcement
Thoma Bravo -
Press release
Sophos -
Increase in irrevocable undertakings
Thoma Bravo -
Update on debt financing arrangements
Thoma Bravo -
Offer Update on irrevocable undertakings
Thoma Bravo -
Offer Update on debt financing arrangements
Thoma Bravo -
Update on debt financing arrangements
Thoma Bravo -
Update on irrevocable undertakings
Thoma Bravo -
Update on irrevocable undertakings
Thoma Bravo -
Satisfaction of Conditions & Scheme Timetable
Sophos -
Scheme Timetable Update
Sophos -
Completion Announcement
Sophos -
Average Market Exchange Rate
Thoma Bravo -
Rule 19.6(b) update
Thoma Bravo -
RNS Announcement
Thoma Bravo -
Tags
Completed
Privatisation
Majority
Acquisition
Single Bidder
IT Services: Other
United Kingdom
data protection
it security
Friendly
Private Equity
Public
Synopsis
Thoma Bravo, a private equity firm, completed the acquisition of Sophos Group, a cloud-enabled next-generation cybersecurity firm, for $3.8bn. The acquisition price represented a premium of approximately 37.1% to the closing price per Sophos share on 11 October 2019. “Today marks an exciting milestone in the ongoing journey of Sophos. Sophos is actively driving the transition in next-generation cybersecurity solutions, leveraging advanced capabilities in cloud, machine learning, APIs, automation, managed threat response, and more. We continue to execute a highly-effective and differentiated strategy, and we see this offer as a compelling validation of Sophos, its position in the industry and its progress,” Kris Hagerman, Sophos CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.