14th October, 2019 1 Min read
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Sophos announced that Thoma Bravo, a US-based private equity firm, has made an offer to acquire Sophos for $7.40 USD per share, representing an enterprise value of approximately $3.9 billion.
The board of directors of Sophos have stated their intention to unanimously recommend the offer to the company’s shareholders.
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Thoma Bravo is a leading private equity firm focused on the software and technology enabled services sector with more than $35 billion in investor commitments. With a 40-year history, Thoma Bravo has acquired more than 200 software and technology companies representing more than $50 billion of value.
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