IFLR1000

Thoma Bravo $1.47 billion acquisition of Barracuda Networks

27/11/2017
Public acquisition
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$ 1.47 billion

Announced

27/11/2017

Overview:

  • Thoma Bravo has acquired Barracuda Networks for $1.47 billion.
  • Barracuda Networks is a data security operator and will continue operating as a private company.
  • Morgan Stanley acted as financial adviser to Barracuda, while Goldman Sachs, Credit Suisse and UBS Investment Bank acted for Thoma Bravo.
  • The deal is expected to close before the end of February 2018.

Katrin Kostadinova - Data analyst 

Jurisdiction:

United States

Deal type:

Public acquisition

Practice areas:

Private equity
M&A

Governing law:

United States

Industry sector:

Financial services

Firms:
Kirkland & Ellis

Party: Thoma Bravo (Acquirer)

Wilson Sonsini Goodrich & Rosati

Party: Barracuda (Target)

Lawyers: Alllison Spinner, Jeffrey Saper, John Mao

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