KKR Scooping Up Barracuda Networks from Thoma Bravo for $4 Billion 212-750-8300 KKR feels that the management team has done a phenomenal job. We protect email, networks, data and applications with innovative solutions that grow and adapt with our customers' journey. Barracuda's expertise includes security operations centers (SOCs) for MSPs. We feel very strong alignment with this, Naguib indicated. Information about the Companys directors and executive officers and their ownership of Company Common Stock is set forth in the proxy statement on Schedule 14A filed with the SEC onJune 28, 2017and the Annual Report on Forms 10-K for the fiscal year endedFebruary 28, 2017. Shareholders to Receive $27.55 per Share in Cash. Over the past 20 years, the firm has acquired or invested in more than 375 companies representing over $190 billion in enterprise value. Barracuda Agrees To Be Acquired By Thoma Bravo For $1.6 Billion, Riskonnect Acquires Aruvio, Expands Governance, Risk and Compliance Offering. For more information, visit www.barracuda.com. More than 200,000 organizations worldwide trust Barracuda to protect them in ways they may not even know they are at risk so they can focus on taking their business to the next level. The firm has offices in Chicago, Miami and San Francisco. dentalcorp hiring Secrtaire Dentaire - Centre Dentaire le-Perrot in L Our channel is supremely important to us. Over the past 20 years, the firm has acquired or invested in more than 380 companies representing over $190 billion in enterprise value. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. Barracuda has exchanged one private equity owner for another. Promptly after filing its definitive proxy statement with the Securities and Exchange Commission (the SEC), the Company will mail the definitive proxy statement and a proxy card to each stockholder entitled to vote at the special meeting relating to the merger. Accessorios. Kirkland & Ellis LLP is serving as legal counsel to Thoma Bravo and Barracuda. All forward-looking statements speak only as of the date they are made. Barracuda shareholders of record will receive$27.55in cash for each share of Barracuda common stock they hold. Email. PDF Press Releases Sheppard Mullin Advises SKOUT Cybersecurity in KKR & Co. announced Tuesday it's agreed to buy Barracuda from Thoma Bravo LP. Palo Alto Networks -and- Barracuda Firewalls w/Service Agreements This fast-paced role is focused on growing our Small to Midsize Business (SMB) customer base through expansion and acquisition of net-new customers. "We are very appreciative of Thoma Bravos support and very excited to be working with KKR on this next phase of Barracudas journey. media@kkr.com, For Thoma Bravo: CAMPBELL, Calif. Barracuda Networks, Inc. (NYSE: CUDA), a leading provider of cloud-enabled security and data protection solutions, today announced that it has entered into an agreement to be acquired by leading private equity investment firm Thoma Bravo, LLC. Saab AB - Wikipedia Barracuda Networks, Inc. Territory Manager Job in Reading, England Barracuda anticipates that subsequent events and developments will cause its views to change. Select Barracuda VPN Client + Personal Firewall + Health Monitoring to initiate a complete installation. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. Thoma Bravo Completes Acquisition of Barracuda - Insider ", "We are proud to have supported Barracuda to innovate and grow its security solutions portfolio, expand its customer base and achieve considerable operational improvements and revenue growth," said Chip Virnig, a Partner at Thoma Bravo. The firm invests in growth-oriented, innovative companies operating in the software and technology sectors. Protect your business and users from ransomware attacks in three easy steps. This book was released on 1997 with total page 268 pages. Vis Tox cheville expansion Barracuda 14 x 70 . The company's filing status is listed as Active and its File Number is 6150972. Founded in 2003, Barracuda offers a broad suite of cybersecurity solutions across email protection, application security, network security and data protection that can be deployed and managed in both cloud and hybrid environments. Barracuda is a cloud-first provider of cybersecurity solutions for small and medium sized enterprises (SMEs). This strategy is based on the belief that employee engagement is a key driver in building stronger companies. Financial terms of the deal were not disclosed, though the deal's valuation was roughly $3.8 billion, according to Silicon Valley Business Journal. ", "We continue to see cybersecurity as a highly attractive sector and are excited to back a clear leader in the space," said John Park, Head of Americas Technology Private Equity at KKR. Barracuda Networks, Barracuda, and the Barracuda Networks logo are registered trademarks of Barracuda Networks, Inc. in the US and other countries. Guggenheim Securities, DBO Partners and Barclays are serving as financial advisors to KKR. . CAMPBELL, Calif., July 13, 2021 /PRNewswire/ -- Barracuda Networks, Inc. , a trusted partner and leading provider of cloud-enabled security solutions, today announced it has completed its. Julia Kosygina It has also made a series of acquisitions, including buying extended detection and response. On 2/28/23 MICC West Point issued Sources Sought W911SD23R0994 for Palo Alto Networks -and- Barracuda Firewalls w/Service Agreements due 3/6/23 The Barracuda acquisition is expected to close by the end of 2022, KKR indicated. Past performance is not necessarily indicative of future results. Barracuda Agrees To Be Acquired By Thoma Bravo For $1.6 Billion View the full release here: https://www.businesswire.com/news/home/20220816005239/en/. Article | Barracuda Networks Morgan Stanley& Co. LLC is serving as financial advisor to Barracuda, andWilson Sonsini Goodrich& Rosati, Professional Corporation, is serving as its legal advisors. Observed Seth Boro, a managing partner at Thoma Bravo: Over the course of Thoma Bravos four-year partnership, Barracuda has solidified its position as an industry leader in cloud-first cybersecurity software. Barracuda has completed its acquisition of SKOUT Cybersecurity, a Melville, NY-based leader in cyber-as-a-service software for Managed Service Providers (MSPs) and provider of an extended detection and response (XDR) platform and service. Explore how Barracuda protects state and local government websites and data. propos de nous: Depuis plus de 10 ans, le Centre dentaire le Perrot (CDIP) est ddi votre sant bucco-dentaire. This is technology M&A deal number 372 that MSSP Alert and sister site ChannelE2Ehave covered so far in 2022. jelam@barracuda.com, For KKR: One change that will take place will be the introduction of KKRs broad-based employee ownership program, which is based on the belief that employee engagement is a key driver in building stronger companies. Click Next. Essay About Barracuda Consider Acquisition And Clearer Picture Acquisition from Thoma Bravo to further accelerate growth of leading cybersecurity software provider. Barracuda is a provider of powerful, easy-to-use, affordable IT solutions for security and storage. Financing for the transaction is being provided by Goldman Sachs & Co. LLC, Credit Suisse, and UBS Investment Bank. We believe that Barracuda is at the forefront of innovation in several highly strategic areas of the cybersecurity market and are excited to be the companys partner in the next phase of its growth.. KKR, a leading global investment firm, today announced the signing of a definitive agreement under which KKRs investment funds will purchase Barracuda Networks Inc. (Barracuda or the Company), a leading provider of cloud-first security solutions, from Thoma Bravo, a leading software investment firm. Protect your physical locations with cloud-connected appliances and software that can be deployed on premises or in the cloud. Barracuda intends all such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of the Exchange Act and the Private Securities Litigation Reform Act of 1995. That impacts who is a good fit. NEW YORK & SAN FRANCISCO -- (BUSINESS WIRE)-- KKR, a leading global investment firm, and Barracuda Networks, Inc. ("Barracuda" or the "Company") a leading provider of cloud-first security. The investment in Barracuda builds upon KKRs experience investing in the cybersecurity sector globally, with investments including Ping, Cylance, DarkTrace, ForgeRock, NetSPI and Optiv, among others. While Barracudas acquisition in 2013 by Thoma Bravo helped the company a lot in transforming itself into a cloud-first company with a modern comprehensive portfolio, they think KKR is even better situated to Barracudas current stage of the growth cycle. We believe that with the support of KKR, we will continue to invest in growth and foster a culture that gives our team the resources and inspiration to continue to create and deliver the next generation of leading cybersecurity solutions for our customers and partners,. This press release features multimedia. When typing in this field, a list of search results will appear and be automatically updated as you type. Automate security policy compliance in the cloud. For additional information, please visit barracuda.com. Thoma Bravo is one of the largest private equity firms in the world, with more than $103 billion in assets under management as of December 31, 2021. CAMPBELL, Calif., July 13, 2021 Barracuda Networks, Inc., a trusted partner and leading provider of cloud-enabled security solutions, today announced it has completed its acquisition of SKOUT Cybersecurity, a Melville, NY-based leader in cyber-as-a-service software for Managed Service Providers (MSPs) and provider of an extended detection and Talent Acquisition Manager, MENA. We want to do it in a way that will be of advantage to all.. We believe every business deserves access to cloud-enabled, enterprise-grade security solutions that are easy to buy, deploy, and use. At Barracuda we strive to make the world a safer place. Barracuda's customer-centric business model focuses on delivering high-value, subscription-based IT solutions that provide end-to-end network and data protection. Financial terms of the transaction were not disclosed. The ION/MarketFactory Merger, Implications for FX Market - Greenwich Come Join Our Passionate Team! For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKRs website at www.kkr.com and on Twitter @KKR_Co. The transaction is anticipated to close by the end of the year, subject to customary conditions. "From multiple acquisitions to backend improvements, Barracuda has delivered tremendous value to its customers and partners. These powerful, easy-to-use and affordable solutions are trusted by more than 150,000 organizations worldwide and are delivered in appliance, virtual appliance, cloud and hybrid deployment configurations. That compares to $352.6 million back in 2017, according to historic data from Barracuda. Additional Information and Where to Find ItIn connection with the transaction, the Company will file relevant materials with the SEC, including a preliminary proxy statement on Schedule 14A. Talent Acquisition Specialist jobs 2,414 open jobs Director of Education jobs 1,408 open jobs Estate Manager jobs 1,098 open jobs . Barracuda Networks, a trusted partner and leading provider of cloud-enabled security solutions, announced it has completed its acquisition of SKOUT Cybersecurity, a Melville, NY-based leader in cyber-as-a-service software for Managed Service Providers (MSPs) and provider of an extended detection and response (XDR) platform and service. We want to work very closely with them, and Barracuda wants to be their preferred vendor., New Years Podcast Series: Bob Bonneau of ESET Canada, Understanding innovation as a large, well-established enterprise, New Years Podcast Series: Frank Colletti of N-able, New Years Podcast Series: Zack Dickson of Cisco Canada. This press release features multimedia. Guggenheim Securities, DBO Partners and Barclays served as financial advisors to KKR. More information about Thoma Bravo can be found atwww.thomabravo.com. Save my name, email, and website in this browser for the next time I comment. At Barracuda we strive to make the world a safer place. Lead Development Representative Job in Campbell, CA at Barracuda CAMPBELL, Calif., Nov. 27, 2017 /PRNewswire/ -- Barracuda Networks, Inc. (NYSE: CUDA), a leading provider of cloud-enabled security and data protection solutions, today announced that it has entered into an agreement to be acquired by leading private equity investment firm Thoma Bravo, LLC. The Company focuses on serving small and medium sized enterprises (SMEs) and has more than 200,000 customers worldwide across a variety of industries, including education, government, financial services, health care, retail, consumer goods and manufacturing. The definitive proxy statement, the preliminary proxy statement and other relevant materials in connection with the transaction (when they become available), and any other documents filed by the Company with the SEC, may be obtained free of charge at the SECs website (http://www.sec.gov) or at the Companys website (http://investor.Barracuda.com/) or by writing to the Companys Secretary at 3175 S. Winchester Blvd,Campbell CA95008. Copy link. View the full release here: https://www.businesswire.com/news/home/20220412005856/en/. Barracuda completes acquisition of SKOUT Cybersecurity Hatem Naguib, CEO of Barracuda. Email: Investor-Relations@kkr.com. The transaction is anticipated to close by the end of the year, subject to customary conditions. Barracuda completes acquisition of SKOUT Cybersecurity - PR Newswire NEW YORK, NY and SAN FRANCISCO, CA April 12, 2022 KKR, a leading global investment firm, today announced the signing of a definitive agreement under which KKRs investment funds will purchase Barracuda Networks Inc. (Barracuda or the Company), a leading provider of cloud-first security solutions, from Thoma Bravo, a leading software investment firm. Sheppard Mullin Advises SKOUT Cybersecurity in Acquisition by Barracuda Networks 07.01.2021 Sheppard Mullin represented SKOUT Cybersecurity, a leader in cyber-as-a-service software for Managed Service Providers (MSPs) and provider of an extended detection and response (XDR) platform and service, in its NEW YORK & SAN FRANCISCO- (BUSINESS WIRE)-KKR, a leading global investment firm, and Barracuda Networks, Inc. ("Barracuda" or the "Company") a leading provider of cloud-first security solutions, today announced that KKR's investment funds have completed an acquisition of Barracuda from Thoma Bravo, a leading . For more information, visit barracuda.com. Concluded Chip Virnig, a partner at Thoma Bravo: We are proud to have supported Barracuda to innovate and grow its security solutions portfolio, expand its customer base and achieve considerable operational improvements and revenue growth. Campbell, Calif., July 13, 2021 Barracuda Networks, Inc. , a trusted partner and leading provider of cloud-enabled security solutions, today announced it has completed its acquisition of SKOUT Cybersecurity, a Melville, NY-based leader in cyber-as-a-service software for Managed Service Providers (MSPs) and provider of an extended detection and Founded in 2003, Barracuda is the developer of cybersecurity solutions,. Acquired by Kohlberg Kravis Roberts Campbell, California, United States 501-1000 Grant Delisted www.barracuda.com 15,945 Highlights Acquisitions 13 Investments 5 Exits 3 Total Funding Amount $46.4M Contacts 530 Employee Profiles 35 Private equity powerhouse KKR is acquiring email security provider Barracuda Networks with plans to "accelerate growth" by further pushing the company into key security markets such as managed . Barracuda hiring Inside Sales Territory Manager - UK&I in Reading Complete Web Application and API Protection (WAAP) platform to secure your workloads in the cloud. "Were ready to deliver on our next phase of growth with KKR and remain dedicated to investing in our team and product portfolio to provide innovative cybersecurity solutions for our customers and partners," said Hatem Naguib, CEO of Barracuda. We believe every business deserves access to cloud-first, enterprise-grade security solutions that are easy to buy, deploy, and use. San Francisco, CA 94105 +1 (415) 263-3660. Protect data wherever it resides to minimize downtime and prevent data loss.
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