Thoma Bravo, a Chicago, IL-based software investment firm, completed the acquisition of Everbridge, Inc., a Boston, MA-based company which specializes in critical event management and national public warning solutions, for approximately $1.8 Billion.
With the completion of the transaction, Everbridge stockholders are entitled to receive $35.00 per share in cash for each share of Everbridge common stock they owned. The company’s common stock has ceased trading and will be delisted from Nasdaq.
Led by David Wagner, President and CEO, Everbridge empowers enterprises and government organizations to anticipate, mitigate, respond to, and recover from critical events. It digitizes organizational resilience by combining intelligent automation with a comprehensive risk data to Keep People Safe and Organizations Running™.
Thoma Bravo is a software-focused investors, with approximately US$142 Billion in assets under management as of March 31, 2024. Through its private equity, growth equity and credit strategies, the firm invests in growth-oriented, innovative companies operating in the software and technology sectors. Leveraging Thoma Bravo’s sector knowledge and strategic and operational expertise, the firm collaborates with its portfolio companies to implement operating best practices and drive growth initiatives.
The firm has offices in Chicago, London, Miami, New York and San Francisco.
FinSMEs
02/07/2024