Private equity firm Thoma Bravo makes bid for Sophos
Offer values cybersecurity firm at $3.9 billion
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.
Thoma Bravo is a 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.