Thoma Bravo to acquire Magnet Forensics for $1.3bn.

Thoma Bravo, a private equity firm, agreed to acquire Magnet Forensics, a software developer. for $1.3bn. "We look forward to bringing together the complementary capabilities of Magnet and Grayshift to create a leader in the digital forensics and cyber security space. Digital evidence is an increasingly critical aspect of investigations and the combined company will be well-positioned to further market expansion, accelerate innovation, and provide even greater solutions to its customers. We look forward to leveraging Thoma Bravo’s deep industry, operational and investment expertise to help the combined company capture the tremendous growth opportunities ahead,” Hudson Smith, Thoma Bravo Partner.