KKR to buy cybersecurity vendor Barracuda Networks from Thoma Bravo for $4bn

This is the latest in a string of private equity takeovers recently seen in the channel

Kelsey Rees
clock • 2 min read
KKR to buy cybersecurity vendor Barracuda Networks from Thoma Bravo for $4bn

Global investment firm KKR has announced the signing of a definitive agreement to acquire Barracuda Networks from private equity group Thoma Bravo. Financial terms were not disclosed, however Reuters has reported the deal is being valued at around $4bn (€3.6bn), including debt, citing sources who requested anonymity. In November 2017, Thoma Bravo announced it was taking Barracuda Networks private in a $1.6bn (€1.4bn) buyout which closed in February 2018. During the private equity giant's...

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