Thoma Bravo Barracuda undertakes no intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Barracuda is the digital marketing agency that can help you surface real value We're a London based digital marketing agency Based out of Waterloo in London, we're an independent digital marketing agency all about delivering value to our clients. References to KKRs investments may include the activities of its sponsored funds and insurance subsidiaries. Barracuda is a cloud-first provider of cybersecurity solutions for small and medium sized enterprises (SMEs). mfrank@thomabravo.com KKR & Co. announced Tuesday it's agreed to buy Barracuda from Thoma Bravo LP. Financial terms of the transaction were not disclosed. 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. Get WAF protection in minutes with our application security service. We protect email, networks, data, and applications with innovative solutions that grow and adapt with our customers journey. 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 I expect a mix of business as usual and positive change in the same way partners saw positive change when we were acquired by Thoma, he indicated Our relationship with our partners has always been critical, and that will not change. Barracuda focuses on serving SMEs and has more than 200,000 customers worldwide across a variety of industries. 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. Over the past 20 years, the firm has acquired or invested in more than 375 companies representing over $190 billion in enterprise value. More recently, key Barracuda moves include buying Skout Cybersecurity for MSP-focused security operations center capabilities. Upon the close of the transaction, Barracuda will operate as a privately-held company with a continued focus on email security and management, network and application security, and data protection solutions that can be deployed in cloud and hybrid environments. We will continue Barracudas tradition of delivering easy-to-use, full-featured solutions that can be deployed in the way that makes sense for our customers, said BJ Jenkins, chief executive officer of Barracuda. [33] KKR has acquired Barracuda Networks from private equity firm Thoma Bravo. Past performance is not necessarily indicative of future results. J.P. Morgan is serving as exclusive financial advisor to Thoma Bravo and Barracuda. Financial services are a prime target for cyber attacks. During Thoma Bravos ownership, Barracuda expanded and enhanced its product suite, implemented best-in-class operational processes and successfully executed a number of strategic acquisitions, which together propelled the Company to profitable and accelerating growth at over $500mm of revenue and enabled more customers to comprehensively protect their employees, applications, networks and data. Ensure compliance with safe learning regulations. Protect data wherever it resides to minimize downtime and prevent data loss. INVESTORS AND SECURITY HOLDERS OF THE COMPANY ARE URGED TO READ THESE MATERIALS (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND ANY OTHER RELEVANT DOCUMENTS IN CONNECTION WITH THE TRANSACTION THAT THE COMPANY WILL FILE WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE COMPANY AND THE TRANSACTION. We are seeking talented, motivated sales performers who thrive in quick sales cycle environment. "We look forward to watching Barracudas continued success.". Kirkland & Ellis LLP is serving as legal counsel to Thoma Bravo and Barracuda. ", "Barracuda has built an impressive portfolio of solutions that are helping SMEs around the world protect their data and address critical security challenges," said Bradley Brown, Managing Director at KKR. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including statements containing the words predicts, plan, expects, focus, anticipates, believes, goal, target, estimate, potential, may, will, might, momentum, can, could, seek, and similar words. We protect email, networks, data and applications with innovative solutions that grow and adapt with our customers . Guggenheim Securities, DBO Partners and Barclays served as financial advisors to KKR. View the full release here: https://www.businesswire.com/news/home/20220412005856/en/. Thoma invested in us and reset how we went to market, reset the back end to the cloud, and upgraded our portfolio. "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. Added John Park, head of Americas Technology Private Equity at KKR: We continue to see cybersecurity as a highly attractive sector and are excited to back a clear leader in the space. This isn't ION's first acquisition in the FX realm. This price exceeds Barracuda's 52-week high and represents a premium of 22.5 percent to the Company's 10-day average stock price prior to Nov. 27, 2017, of $22.49. Rumors about Barracuda being up for sale have hit MSSP Alerts email inbox multiple times in recent weeks. In addition, KKRs business strategy is focused on the long-term and financial results are subject to significant volatility. 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. CAMPBELL, Calif., Feb. 12, 2018 /PRNewswire/ -- Thoma Bravo, LLC., a leading private equity investment firm, today announced that it has completed. Barracuda generates more than $500 million in annual revenue, the buyer indicated. Given its proven track record of growth and innovation, we believe that Barracuda has the right team and model to capture business in this growing market., Barracuda has built an impressive portfolio of solutions that are helping SMEs around the world protect their data and address critical security challenges, said Bradley Brown, Managing Director at KKR. This strategy is based on the belief that employee engagement is a key driver in building stronger companies. Megan Frank Simpson Thacher & Bartlett LLP is serving as legal counsel to KKR. The company's filing status is listed as Active and its File Number is 6150972. Talent Acquisition Specialist jobs 2,414 open jobs Director of Education jobs 1,408 open jobs Estate Manager jobs 1,098 open jobs . View source version on businesswire.com: https://www.businesswire.com/news/home/20220816005239/en/, For Barracuda Networks:Jonelle Elam408-813-7762jelam@barracuda.com, For KKR:Julia Kosygina212-750-8300media@kkr.com, For Thoma Bravo:Thoma Bravo CommunicationsMegan Frank(212)-731-4778mfrank@thomabravo.com, FGS Global:Nicky Bryan(646)-436-6126nicky.bryan@fgsglobal.com, https://www.businesswire.com/news/home/20220816005239/en/, Death toll in strike on Ukraine's Zaporizhzhia rises to 11 - officials, UPDATE 1-Bankman-Fried can have flip phone, limited internet while on bail, US proposes, China's economy, government revamp in focus as parliament set to open, The U.S. government is turning up the heat on TikTok here's the latest, Bankman-Fried can have flip phone, limited internet while on bail, US proposes. All forward-looking statements speak only as of the date they are made. This strategy is based on the belief that employee engagement is a key driver in building stronger companies. All contents 2023 MSSP Alert and After Nines Inc. Scan your Microsoft 365 for sensitive data and malware. Stop zero-hour and advanced attacks that evade traditional detection techniques. This presentation contains certain forward-looking statements pertaining to KKR & Co. Inc. and its consolidated subsidiaries (collectively KKR), including certain investment funds, vehicles and accounts that are managed by KKR (each, a fund). About Thoma Bravo, LLC Thoma Bravo is a leading private equity investment firm building on a 30+ year history of providing equity and strategic support to experienced management teams and growing companies. This is technology M&A deal number 372 that MSSP Alert and sister site ChannelE2E have covered so far in 2022. Barracuda undertakes no intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. As you may have heard, Barracuda has acquired the Managed Workplace remote monitoring and management product line from Avast. Hatem Naguib, CEO of Barracuda. Twitter. We look forward to watching Barracudas continued success.. "We are very appreciative of Thoma Bravos support and very excited to be working with KKR on this next phase of Barracudas journey. The Registered Agent on file for this company is Corporation Service Company and is located at 251 Little Falls Drive, Wilmington, DE 19808. Over the past 20 years, the firm has acquired or invested in more than 380 companies representing over $190 billion in enterprise value. Subscribe to the daily e-mail newsletter from ChannelBuzz.ca and get the latest Canadian channel news delivered to your desktop every weekday morning. Your email address will not be published. KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. Envision yourself at Barracuda The Lead Development Rep (LDR) is primarily responsible for delivering qualified leads to our Territory Management Team. Barracuda went public on the New York Stock Exchange (NYSE) in late 2013, pricing its IPO at $18 and raising $75 million in the process. Click Next to continue. The forward-looking statements included in this press release represent Barracuda's views as of the date of this press release. Download or read book Challenger & Barracuda Restoration Guide, 1967-1974 written by Paul A. Herd and published by Motorbooks. Meanwhile, KKR has expansive experience in the cybersecurity and MSSP markets. 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. Protect your customers and brand from advanced cyber threats. This helpful guide contains hundreds of detailed . Apply to Closer, Junior Account Manager, Software Consultant and more! Goldman Sachs & Co. LLC, Credit Suisse, and UBS Investment Bank are also serving as financial advisors to Thoma Bravo, and Kirkland & Ellis LLP is serving as its legal counsel. Barracuda values partnership. Notify me of followup comments via e-mail. Campbell, Calif. (September 29, 2015) - Barracuda Networks, Inc. (NYSE: CUDA) today announced it has entered into a definitive agreement to acquire privately held Intronis, Inc. (Intronis), a leader in providing data protection solutions to managed service providers (MSPs), a fast-growing channel delivering IT services to small and medium-sized The firm has offices in Chicago, Miami and San Francisco. Morgan Stanley& Co. LLC is serving as financial advisor to Barracuda, and Wilson Sonsini Goodrich & Rosati, Professional Corporation, is serving as its legal advisors. Information regarding the identity of the potential participants, and their direct or indirect interests in the transaction, by security holdings or otherwise, will be set forth in the proxy statement and other materials to be filed with SEC in connection with the transaction. At Barracuda we strive to make the world a safer place. KKR buys Barracuda Networks from private equity firm Thoma Bravo. Still, this isn't just about about RMM software and an anti-virus partnership. For more information, visit www.thomabravo.com. SKOUT provides Cyber as a Service software for Managed Service Providers (MSPs), as well as an extended detection and response (XDR) platform and service. Privacy Policy |Website Terms & Conditions. For more information, visit www.barracuda.com. CAMPBELL, Calif. Thoma Bravo, LLC ., a leading private equity investment firm, today announced that it has completed its acquisition of Barracuda Networks, Inc ., a leading provider of cloud-enabled security and data protection solutions, in an all-cash transaction valued at $1.6 billion. propos de nous: Depuis plus de 10 ans, le Centre dentaire le Perrot (CDIP) est ddi votre sant bucco-dentaire. This price exceeds Barracudas 52-week high and represents a premium of 22.5 percent to the Companys 10-day average stock price prior toNov. 27, 2017, of$22.49. Naguib confirmed that the existing Barracuda leadership team will not be going anywhere with the ownership change. KKRs insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. Barracuda Email ProtectionComplete security that stops all 13 email threat types and protects Microsoft 365 data. It has also made a series of acquisitions, including buying extended detection and response. Goldman Sachs & Co. LLC, Credit Suisse, and UBS Investment Bank are also serving as financial advisors to Thoma Bravo, and Kirkland & Ellis LLP is serving as its legal counsel. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. 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. 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. Accept the License Agreement, and click Next. Protect patient data and avoid disruptions that could affect patient care. Acquisition from Thoma Bravo to further accelerate growth of leading cybersecurity software provider. That impacts who is a good fit. This strategy is based on the belief that employee engagement is a key driver in building stronger companies. Vis Tox cheville expansion Barracuda 14 x 70 . Our channel is supremely important to us. The proposed transaction is expected to close before Barracudas fiscal year end ofFeb. 28, 2018, and is subject to approval by Barracudas shareholders and regulatory authorities, and the satisfaction of other customary closing conditions. 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. Additional Information and Where to Find It In connection with the transaction, the Company will file relevant materials with the SEC, including a preliminary proxy statement on Schedule 14A. For additional information, please visit barracuda.com. On 11February . We want to do it in a way that will be of advantage to all.. Financial terms were not disclosed. Were here to help you protect and support your customers for life with enterprise-grade, cloud-ready security solutions. That deal surfaced in July 2021. NEW YORK & SAN FRANCISCO - (BUSINESS WIRE)- KKR, a leading global investment firm, today announced the signing of a definitive agreement under which KKR's 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. . The Managed Workplace acquisition is part of a larger MSP-centric partner strategy that extends all the from Barracuda CEO BJ Jenkins' office to the company's boardroom, ChannelE2E believes. 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. The following factors, among others, could cause actual results to vary from the forward-looking statements: whether KKR realizes all or any of the anticipated benefits from converting to a corporation and the timing of realizing such benefits; whether there are increased or unforeseen costs associated with the conversion, including any adverse change in tax law; the volatility of the capital markets; the general volatility of the capital markets; failure to realize the benefits of or changes in KKRs business strategies including the ability to realize the anticipated synergies from acquisitions or strategic partnerships or other transactions; availability, terms and deployment of capital; availability of qualified personnel and expense of recruiting and retaining such personnel; changes in the asset management industry, interest rates or the general economy; underperformance of KKR's investments and decreased ability to raise funds; and the degree and nature of KKRs competition. Protect all your email, SharePoint, OneDrive, and Teams data with protection that goes far beyond what is built into Microsoft 365. Select Barracuda VPN Client + Personal Firewall + Health Monitoring to initiate a complete installation. jelam@barracuda.com, For KKR: Cautionary Statement Regarding Forward-Looking StatementsThis press release contains forward-looking statements, including, but not limited to, statements regarding the potential timing and benefits of a transaction, the value and effectiveness of Barracudas products, the introduction and timing of product enhancements or additional products, Barracudas growth, expansion and market leadership and the expected completion and timing of the acquisition transaction and other information relating to the transaction, that involve risks, uncertainties, assumptions and other factors which, if they do not materialize or prove correct, could cause the actual results to differ materially from those expressed or implied by such forward-looking statements. - Collaborate with . More information about Thoma Bravo can be found atwww.thomabravo.com. The transaction is anticipated to close by the end of the year, subject to customary conditions. Thoma Bravo is one of the largest private equity firms in the world, with more than $114 billion in assets under management as of March 31, 2022. These forward-looking statements should not be relied upon as representing Barracudas views as of any date subsequent to the date of this press release. Its the same company, he said. NEW YORK & SAN FRANCISCO, August 16, 2022 -- ( BUSINESS WIRE )--KKR, a leading global investment firm, and Barracuda Networks, Inc. ("Barracuda" or the "Company") a leading provider of. Shareholders to Receive $27.55 per Share in Cash. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Managed Security Services Providers (MSSP) News, Analysis and Cybersecurity Research. J.P. Morgan is serving as exclusive financial advisor to Thoma Bravo and Barracuda. We protect email, networks, data, and applications with innovative solutions that grow and adapt with our customers' journey. "Barracuda has been a tremendous partner over the last four years and has experienced strong product, customer and revenue growth," said Chip Virnig, a Partner at Thoma Bravo. References to KKRs investments may include the activities of its sponsored funds and insurance subsidiaries. Thoma Bravo UK LLP is an Appointed Representative of Sapia Partners LLP which is regulated and authorised by the Financial Conduct Authority (FCA). 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.
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