Description: Thoma Bravo agreed to acquire Canada’s Magnet Forensics Inc. for about $1.8 billion (US$1.3 billion), adding another cybersecurity asset to the private equity firm’s portfolio. Magnet Forensics, which makes digital investigation software, will merge with Grayshift LLC, a company that Thoma Bravo acquired last year, according to a statement Friday, confirming a Bloomberg News report.
Source: BNNBloomberg.ca
Date: Jan 20, 2023
Link: https://www.bnnbloomberg.ca/thoma-bravo-agrees-to-1-8b-deal-for-canada-s-magnet-forensics-1.1872861
Questions for discussion:
- How is this a “success-story” for employees, entrepreneurs and investors?
- Why does it make sense for Thoma Bravo to acquire Magnet Forensics?
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