Deals
KKR Agrees to Buy Thoma-Backed Cybersecurity Company Barracuda
- The deal values Barracuda at about $3.8 billion including debt
- Thoma Bravo took Barracuda private in 2018 for $1.6 billion
Orlando Bravo, co-founder of Thoma Bravo LLC, speaks during the Bitcoin 2022 conference in Miami, Florida, U.S., on Thursday, April 7, 2022.
Photographer: Eva Marie Uzcategui/BloombergThis article is for subscribers only.
KKR & Co. has agreed to to acquire cybersecurity company Barracuda Networks Inc. from Thoma Bravo.
The transaction values Barracuda at about $3.8 billion, including debt, according to people familiar with the matter, asking not to be identified because the terms are private.