Thoma Bravo Completes Acquisition of Darktrace

US private equity firm Thoma Bravo has announced that it has acquired cybersecurity company Darktrace for approximately $5.3 billion. With this acquisition, Thoma Bravo strengthens its position in the growing cybersecurity market. “Darktrace’s position at the cutting edge of cybersecurity AI coupled with Thoma Bravo’s deep strategic and sector expertise will be a powerful combination. Protecting businesses and organisations with best-in-class AI-powered, proactive cybersecurity will remain at the absolute core of what we do. Together, we can take this even further, investing in our people to enhance our technical capabilities and delivering exceptional service and value for our customers.” “Darktrace holds a unique position at the forefront of cybersecurity technology,” said Seth Boro, Managing Partner at Thoma Bravo. “Our ambition is to help the business scale to be a truly global player, expanding the team’s innovative pipeline of development opportunities and capabilities for its customers. We are excited to work alongside Jill and the Darktrace team to build on their success, supporting their ambitions to protect the world from the most advanced cyber threats.”