Proofpoint is a trademark or registered trademark of Proofpoint, Inc. in the U.S. and other countries. FEBRUARY 8, 2023 PDFTron Rebrands as Apryse, Reflecting Expanded Product Offerings and Commitment to Innovation. Thoma Bravo agrees $12.3bn deal for cyber security group Proofpoint Consequences of material differences in results as compared with those anticipated in the forward-looking statements could include, among other things, business disruption, operational problems, financial loss, legal liability to third parties and similar risks, any of which could have a material adverse effect on Proofpoints financial condition, results of operations, or liquidity. Todays cyber attacks target people. Fortunately, no layoffs, no reduction in force as of now. Proofpoint also disclosed Q1 2021 financial results today. Thoma Bravo's investment in Intel 471 sees the private equity firm continue its cybersecurity investing spending-spree. Thoma Bravo post acquisition experiences? https://www.teamblind.com/post/Proofpoint-Medallia-outcome-of-Thoma-bravo-purchase-YdfZ7Lkk, Mar 22, 2022 Fortunately, no layoffs , no reduction in force as of now. Meet Wall Street's Best Dealmaker: New Billionaire Orlando Bravo - Forbes I was also worried after reading about Thoma Bravo history with what they did with some of the companies they bought. The payout comes to a little more than eight times sales, Nowinski noted, while fellow cybersecurity company CrowdStrike Holdings Inc. (CRWD) trades at about 23 times sales. Raytheon purchased Vista Equitys remaining Forcepoint stake in January 2020 for $588 million, and then announced in October 2020 that it was selling the whole company to another private equity firm, Francisco Partners. Thoma Bravo recently purchased SailPoint for a second time for $6.9 billion. We look forward to building on our offerings to continue preventing, defending and responding to both todays and tomorrows cybersecurity threats. Leveraging the firms deep sector expertise and proven strategic and operational capabilities, Thoma Bravo collaborates with its portfolio companies to implement operating best practices, drive growth initiatives and make accretive acquisitions intended to accelerate revenue and earnings. How did they handle unvested stock at acquisition? Proofpoint 2023 State of the Phish-rapport . They just laid off hundreds of people 30 days before the fist big vest. Proofpoint Stockholders Approve Acquisition by Thoma Bravo The private equity firm has more than $103 billion in assets , https://news.crunchbase.com/cybersecurity/cybersecurity-abnormal-unicorn-proofpoint-insight-partners/, May 10, 2022 equity giant Thoma Bravo bought publicly traded Proofpoint for $12.3 billion. Only sales will continue to hire. The private equity . As that business started to become subsumed by UTM vendors, Websense entered the DLP market with the acquisition of PortAuthority.

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