Thoma Bravo to take UK cybersecurity company Darktrace private in $5B deal

TechCrunch
By Paul SawersApr 26, 2024, 8:07 am297 ptsTop
Darktrace is set to go private in a deal that values the U.K.-based cybersecurity giant at around $5 billion. A newly-formed entity called Luke Bidco Ltd, formed by private equity giant Thoma Bravo, has tabled an all-cash bid of £6.20 ($7.75) per share, which represents a 44% premium on its average price for…

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