Thoma Bravo completes Barracuda Networks acquisition [Reuters]
BARRACUDA NETWORKS INC (CUDA)
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Source: Reuters
Thoma Bravo completes Barracuda Networks acquisition - PE Hub US Edition (daily) Canada Edition (weekly) I accept the Terms and Conditions Thoma Bravo has closed its previously announced buyout of Barracuda Networks Inc , a provider of cloud-enabled security and data protection solutions. The deal is valued at $1.6 billion. Goldman Sachs, Credit Suisse and UBS Investment Bank served as financial advisers to Thoma Bravo on the transaction. PRESS RELEASE CAMPBELL, Calif., Feb. 12, 2018 /PRNewswire/ — Thoma Bravo, LLC., a leading private equity investment firm, today announced that it has completed its acquisition of Barracuda Networks, Inc., a leading provider of cloud-enabled security and data protection solutions, in an all-cash transaction valued at $1.6 billion. Barracuda protects the networks, applications and data for more than 150,000 customers worldwide. Barracuda’s security platform helps IT professionals simplify the way they purchase, deploy, manage and protect the
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