All articles tagged with #thoma bravo
Buyout firm Thoma Bravo is close to acquiring Verint Systems, a call center software company, in a deal valued at around $2 billion, which could be announced soon. Verint's shares surged over 20% premarket following the news, reflecting investor optimism about the potential acquisition and the company's AI-driven growth.
U.S. private equity firm Thoma Bravo is close to acquiring call center software company Verint Systems for about $2 billion, including debt, in a deal that may close soon. Despite Verint's stable revenue and profitability, its growth has stagnated due to strategic missteps and market shifts, especially with the rise of AI. The deal marks a significant financial event for Verint's shareholders and executives but is unlikely to impact Israel's tech industry significantly, as the company has become more U.S.-focused.
Dayforce's stock surged 24% on reports that private equity firm Thoma Bravo is in talks to acquire the company, which could be a move to go private amid undervaluation in public markets. The company, a player in the human capital management sector, has faced recent challenges but shows signs of growth potential, especially in large enterprise markets. Thoma Bravo's history of software acquisitions and its connection to Dayforce's former leadership suggest strategic interest in the company.
Shares of Dayforce surged 26.6% on reports that private equity firm Thoma Bravo may acquire the company, potentially taking it private in the coming weeks, leading to its biggest one-day gain since going public in 2018.
Thoma Bravo is in talks to acquire AI-driven HR software provider Dayforce in a deal valued at over $9 billion, aiming to take the company private amid ongoing software sector consolidation. The deal reflects Thoma Bravo's strategy of acquiring undervalued software firms with strong growth potential, as Dayforce's shares surged following the news.
Thoma Bravo is in negotiations to acquire Dayforce, a human resources management software provider, in a deal that could be announced soon, with the company potentially going private. Dayforce's shares surged in pre-market trading, and the deal reflects ongoing private equity activity despite challenges in the enterprise software market post-Covid-19. The acquisition would mark another strategic move by Thoma Bravo, which has been active in the digital assets and software space this year.
Thoma Bravo, a private equity firm, is acquiring critical event management software company Everbridge in a $1.5 billion all-cash deal, representing a premium of over 50% on Everbridge’s market cap. Everbridge, which went public in 2016, provides risk intelligence and mass-notification tools for emergency situations. Thoma Bravo sees Everbridge’s suite of SaaS tools as crucial for companies managing geopolitical instability, climate change, and economic risks. The deal is expected to close in Q2 2024, pending regulatory and shareholder approvals.
Private equity firm Thoma Bravo is nearing a deal to acquire NextGen Healthcare, a health records software firm valued at $1.3 billion. Thoma Bravo, known for investing in tech companies, is expected to announce the acquisition this week. The healthcare sector is attracting increased attention from investors due to its use of artificial intelligence (AI), with firms like Google and Amazon making significant investments in AI healthcare startups. Fragmentation in the US healthcare landscape may be hindering the adoption of innovative technologies like generative AI, but major public healthcare organizations are experimenting with new technology to automate processes and improve the overall healthcare experience.
Private equity firm Thoma Bravo is in advanced talks to acquire health records software company NextGen Healthcare for $1.3 billion. The deal could be announced this week, although discussions are still ongoing and could fall through. NextGen had attracted interest from other buyout firms before talks accelerated with Thoma Bravo.
Nasdaq has agreed to acquire financial software company Adenza from private equity firm Thoma Bravo for $10.5 billion in cash and stock, marking the exchange operator's largest-ever deal. The acquisition is part of Nasdaq's efforts to build up its software business, which now accounts for more than a third of its annualized recurring revenues. Adenza provides software to banks, asset managers, exchanges, and other parts of the financial services industry that helps manage regulatory reporting, compliance, and risk management. The purchase requires regulatory approvals and other customary closing conditions and is expected to be completed within six to nine months.