Going Private • Information Technology

Thoma Bravo Acquires Sophos

On October 14, 2019, private equity firm Thoma Bravo acquired information technology company Sophos for 3.9B USD

Acquisition Context
  • This is Thoma Bravo’s 22nd transaction in the Information Technology sector.
  • This is Thoma Bravo’s 12th largest (disclosed) transaction.
  • This is Thoma Bravo’s 1st transaction in the United Kingdom.

Explore All 118 Going Private Information Technology Deals - Search the Database Free


M&A Deal Summary

Date October 14, 2019
Target Sophos
Sector Information Technology
Buyer(s) Thoma Bravo
Deal Type Going Private
Deal Value 3.9B USD

Target Company

Sophos

Abingdon, United Kingdom
Sophos' office building in North Sydney, Australia.
Sophos' office building in North Sydney, Australia.
Sophos is a provider of information technology security and data protection solutions. Sophos' cloud-native and AI-enhanced solutions secure endpoints (laptops, servers and mobile devices) and networks against evolving cybercriminal tactics and techniques, including automated and active-adversary breaches, ransomware, malware, exploits, data exfiltration, phishing, and more. Sophos was founded in 1985 and is based in Abingdon, United Kingdom.
Explore More Deals

Browse All 215,158 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

Thoma Bravo

Chicago, Illinois, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1980
PE ASSETS 127.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

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 Context for Buyer #
Overall 86 of 151
Sector: Information Technology 22 of 37
Type: Going Private 19 of 43
Country: United Kingdom 1 of 3
Year: 2019 10 of 12
Size (of disclosed) 12 of 52
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-08 Solifi

Minneapolis, Minnesota, United States

Solifi streamlines the entire asset finance process from origination to portfolio management to end-of-term. Solifi's cloud-based offerings integrate seamlessly into any asset finance ecosystem, offering unparalleled scalability, flexibility, and economy to all sizes of banks, independents, and captives. Headquartered in Minneapolis, MN, IDS also has offices in the United Kingdom, Australia, Singapore and India. Solifi was founded in 1974 and is based in Minneapolis, Minnesota.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-16 DigiCert

Lehi, Utah, United States

DigiCert is a provider of high-assurance digital certificates, certificate management software solutions, and public-key infrastructure solutions, which enable authentication and encryption for web servers and internet of things devices. DigiCert was founded in 2003 and is headquartered in Lehi, Utah.

Sell -