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Announced

Completed

Thoma Bravo-backed Barracuda Networks completed the acquisition of SKOUT Cybersecurity.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Single Bidder

cyber security

United States

Private Equity

Acquisition

IT Services: Other

Majority

Private

computer & network security

Domestic

Completed

Synopsis

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Thoma Bravo-backed Barracuda Networks, a provider of security, networking and storage products, completed the acquisition of SKOUT Cybersecurity, a provider of cybersecurity services. Financial terms were not disclosed. "The addition of SKOUT enables Barracuda's MSP partners to deploy security solutions across their environments, connecting their data feeds into a unified, 24x7 operation for swift analysis and response," Brian Babineau, Barracuda Senior Vice President and General Manager.

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