Barracuda to Acquire Intronis, Inc | Barracuda MSP During Thoma Bravos ownership, Barracuda expanded and enhanced its product suite, implemented best-in-class operational processes and successfully executed a number of strategic acquisitions, which together propelled the Company to profitable and accelerating growth at over $500mm of revenue and enabled more customers to comprehensively protect their employees, applications, networks and data. There has been an evolution in these PE [private equity] partners, and which is the best fit for a company comes down to where the company is in their lifecycle, said Hatem Naguib, CEO of Barracuda. Click Next. More than 200,000 organizations worldwide trust Barracuda to protect them in ways they may not even know they are at risk so they can focus on taking their business to the next level. The forward-looking statements included in this press release represent Barracuda's views as of the date of this press release. Barracuda completes acquisition of SKOUT Cybersecurity For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKRs website at www.kkr.com and on Twitter @KKR_Co. On 2/28/23 MICC West Point issued Sources Sought W911SD23R0994 for Palo Alto Networks -and- Barracuda Firewalls w/Service Agreements due 3/6/23 Thoma Bravo acquired Barracuda in 2018 in a $1.6 billion cash deal. Information regarding the identity of the potential participants, and their direct or indirect interests in the transaction, by security holdings or otherwise, will be set forth in the proxy statement and other materials to be filed with SEC in connection with the transaction. Practice Manager - Log Home Dental & Caledon East Dentistry We look forward to watching Barracudas continued success.. This strategy is based on the belief that employee engagement is a key driver in building stronger companies. We believe every business deserves access to cloud-first, enterprise-grade security solutions that are easy to buy, deploy, and use. Barracuda's Board of Directors unanimously approved the agreement, and believes the transaction maximizes shareholder value. Barracuda expects acquisition by private equity firm KKR will drive "Barracuda has been a tremendous partner over the last four years and has experienced strong product, customer and revenue growth," said Chip Virnig, a Partner at Thoma Bravo. Copyright 2013 ChannelBuzz.ca. Barracuda anticipates that subsequent events and developments will cause its views to change. For more information, visit barracuda.com. Cautionary Statement Regarding Forward-Looking StatementsThis press release contains forward-looking statements, including, but not limited to, statements regarding the potential timing and benefits of a transaction, the value and effectiveness of Barracudas products, the introduction and timing of product enhancements or additional products, Barracudas growth, expansion and market leadership and the expected completion and timing of the acquisition transaction and other information relating to the transaction, that involve risks, uncertainties, assumptions and other factors which, if they do not materialize or prove correct, could cause the actual results to differ materially from those expressed or implied by such forward-looking statements. That deal surfaced in July 2021. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. References to KKRs investments may include the activities of its sponsored funds and insurance subsidiaries. NEW YORK & SAN FRANCISCO(BUSINESS WIRE) Past performance is not necessarily indicative of future results. This presentation contains certain forward-looking statements pertaining to KKR & Co. Inc. and its consolidated subsidiaries (collectively KKR), including certain investment funds, vehicles and accounts that are managed by KKR (each, a fund). Vis Tox cheville expansion Barracuda 14 x 70 . Barracuda plans acquisition of Skout Cybersecurity 212-731-4778, Nicky Bryan KKR Scooping Up Barracuda Networks from Thoma Bravo for $4 Billion This is technology M&A deal number 372 that MSSP Alert and sister site ChannelE2E have covered so far in 2022. "We believe that Barracuda is at the forefront of innovation in several highly strategic areas of the cybersecurity market and are excited to be the company's partner in the next phase of its growth.". Over the past 20 years, the firm has acquired or invested in more than 375 companies representing over $190 billion in enterprise value. Spam, Malware, and Advanced Threat Protection, Email Encryption and Data Loss Prevention, Accelerate and secure cloud migrations with, Boost application performance and reduce costs with, Simplify and secure remote access by enabling Zero Trust for any device with, Secure your internet-connected devices with. Barracuda values partnership. KKR to buy Barracuda Networks from Thoma Bravo for nearly $4B The firm invests in growth-oriented, innovative companies operating in the software and technology sectors. A global crypto scam involving Binance and Huobi exchanges is targeting victims in Colombia, Venezuela, Mexico and Argentina. NEW YORK & SAN FRANCISCO, April 12, 2022--(BUSINESS WIRE)--KKR, a leading global investment firm, today announced the signing of a definitive agreement under which KKRs investment funds will purchase Barracuda Networks Inc. ("Barracuda" or "the Company"), a leading provider of cloud-first security solutions, from Thoma Bravo, a leading software investment firm. Your email address will not be published. We protect email, networks, data, and applications with innovative solutions that grow and adapt with our customers' journey. We protect email, networks, data and applications with innovative solutions that grow and adapt with our customers' journey. While Barracuda's acquisition in 2013 by Thoma Bravo helped the company a lot in transforming itself into a cloud-first company with a modern comprehensive portfolio, they think KKR is even better situated to Barracuda's current stage of the growth cycle. jelam@barracuda.com, For KKR: We are all very aligned with the strategy we are heading into now, as opposed to the reset we did when we came in from private ownership.. View the full release here: https://www.businesswire.com/news/home/20220412005856/en/. 646-436-6126 4 ways Barracuda's acquisition of SKOUT Cybersecurity will help MSPs . Barracuda completes acquisition of SKOUT Cybersecurity We are very appreciative of Thoma Bravos support and very excited to be working with KKR on this next phase of Barracudas journey., We continue to see cybersecurity as a highly attractive sector and are excited to back a clear leader in the space, said John Park, Head of Americas Technology Private Equity at KKR. The investment in Barracuda builds upon KKRs experience investing in the cybersecurity sector globally, with investments including Ping, Cylance, DarkTrace, ForgeRock, NetSPI and Optiv, among others. dentalcorp hiring Secrtaire Dentaire - Centre Dentaire le-Perrot in L Participants in the Solicitation The Company and its directors and executive officers may be deemed to be participants in the solicitation of proxies from the Company's stockholders with respect to the transaction. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. Guggenheim Securities, DBO Partners and Barclays are serving as financial advisors to KKR. Barracuda is the digital marketing agency that can help you surface real value We're a London based digital marketing agency Based out of Waterloo in London, we're an independent digital marketing agency all about delivering value to our clients. The firm has offices in Chicago, Miami and San Francisco. Thoma invested in us and reset how we went to market, reset the back end to the cloud, and upgraded our portfolio. BARRACUDA ACQUISITIONCO, INC. is a Delaware Domestic Corporation filed on August 9, 2021. This strategy is based on the belief that employee engagement is a key driver in building stronger companies. Outside US: +1 (212) 230-9410 KKR has acquired Barracuda Networks from private equity firm Thoma Bravo. About Thoma Bravo, LLC Thoma Bravo is a leading private equity investment firm building on a 30+ year history of providing equity and strategic support to experienced management teams and growing companies. Scan your Microsoft 365 for sensitive data and malware. Founded in 2003, Barracuda offers a broad suite of cybersecurity solutions across email protection, application security, network security and data protection that can be deployed and managed in both cloud and hybrid environments. KKR Completes Acquisition of Barracuda from Thoma Bravo By using this site you agree to our use of cookies. Thoma Bravo is one of the largest private equity firms in the world, with more than $103 billion in assets under management as of December 31, 2021.
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