M&A Deal Summary |
|
|---|---|
| Date | 2024-05-20 |
| Target | Venafi |
| Sector | Software |
| Buyer(s) | CyberArk |
| Sellers(s) | Thoma Bravo |
| Deal Type | Add-on Acquisition |
| Deal Value | 1.5B USD |
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CyberArk focuses on eliminating the most advanced cyber threats; those that use insider privileges to attack the heart of the enterprise. CyberArk was founded in 1996 and is based in Petah Tikva, Israel.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 7 |
| Sector (Software) | 5 of 5 |
| Type (Add-on Acquisition) | 7 of 7 |
| State (Utah) | 1 of 1 |
| Country (United States) | 5 of 5 |
| Year (2024) | 1 of 1 |
| Size (of disclosed) | 1 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-05-13 |
IDaptive
Santa Clara, California, United States IDaptive LLC delivers Next-Gen Access, a more advanced version of traditional access management technologies, to protect organizations from data breaches. IDaptive products are built on Zero Trust, an IT architecture based on the principle of “never trust, always verify.” Unlike other providers of access management, IDaptive uniquely combines leading capabilities to seamlessly integrate single-sign-on (SSO), multi-factor authentication (MFA), enterprise mobility management (EMM), and user behavior analytics (UBA). Its solutions intelligently determine the authenticity of a digital user and the user’s device, govern access across an organization’s resources, and react when risky behavior is detected. IDaptive was formed in 2018 and is based in Santa Clara, California. |
Buy | $70M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1980 |
| PE ASSETS | 127.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Thoma Bravo is a private equity firm that primarily invests in or acquires US-based middle-market businesses. While Thoma Bravo will consider a variety of transaction situations, including take-privates, buyouts, carve-outs, recapitalizations, and growth equity financings, the Firm has a special interest in tech consolidation opportunities. Target companies generally have a history of profitability with EBITDA of at least $20 million. The Firm's equity commitment size range is $100 to $750 million. Sectors of interest include enterprise and infrastructure software, education, distribution, financial services and consumer goods/services. The Firm will not invest in new inventions or technologies, developmental products or services, start-ups, biotech, motion pictures, distressed businesses, oil/gas, or real estate. Thoma Bravo was formerly known as Thoma Cressey Bravo and before that Golder Thoma & Co. The Firm was originally formed in 1980 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 75 of 79 |
| Sector (Software) | 33 of 33 |
| Type (Add-on Acquisition) | 34 of 36 |
| State (Utah) | 3 of 3 |
| Country (United States) | 70 of 73 |
| Year (2024) | 1 of 5 |
| Size (of disclosed) | 12 of 23 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-04-26 |
Darktrace
Cambridge, United Kingdom Darktrace is a provider of cyber defense software that helps enterprises and government bodies protect themselves against advanced attacks and data compromises from within the network. Darktrace's approach allows enterprises to protect their information and intellectual property from state sponsored, criminal groups or malicious employees whom are already inside the networks of every critical infrastructure company. Darktrace combines decades of government cyber threat expertise with world-leading University of Cambridge mathematicians, and software engineers who have experience deploying the largest, most sensitive software. Darktrace was incorporated in 2013 and is based in Cambridge, the United Kingdom. |
Buy | $5.0B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-08-16 |
Trader
Etobicoke, Ontario, Canada Trader is a digital automotive marketplace and software solutions provider. The company's marketing software solutions enable dealers to manage their websites, digital marketing campaigns, and inventory. Its online marketplaces and destinations include autotrader.ca, autohebdo.net, and Autos.ca. Trader was founded in 1975 and is based in Etobicoke, Ontario. |
Sell | - |
