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Announced

Completed

Thoma Bravo completed the acquisition of Proofpoint for $12.3bn.

Financials

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Transaction Value£8,860m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales11x
EV/EBITDA14,638x
Share Price Premium34%
One Off Charge-

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Software

Single Bidder

Private Equity

Domestic

United States

Acquisition

cybersecurity and compliance

Friendly

Public

Privatisation

Majority

Completed

Synopsis

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Thoma Bravo completed the acquisition of Proofpoint, a cybersecurity and compliance company, for $12.3bn. “Proofpoint has established itself as a true powerhouse in the cybersecurity sector due to its innovative suite of market-leading products and impressive customer base of leading companies around the world. As the sophistication of cyberattacks continues to increase, Proofpoint is delivering the most effective solutions to help organizations protect their data and people across digital platforms. We look forward to partnering with the talented Proofpoint team and leveraging Thoma Bravo’s significant security and operational expertise to help accelerate the Company’s growth," Chip Virnig, Thoma Bravo Partner. On July 23, 2021; Proofpoint stockholders approve the $12.3bn acquisition by Thoma Bravo.

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