Thoma Bravo Closes $6.9B Acquisition of Identity-Security Vendor SailPoint


Thread author
Staff Member
Malware Hunter
Jul 27, 2015
Private equity giant Thoma Bravo has now completed its purchase of enterprise identity security vendor SailPoint in an all-cash deal estimated at $6.9 billion that was initially announced on April 11 of this year.

Thoma Bravo struck a similar deal earlier this month with another identity security provider, Ping Identity, which it acquired for $2.8 billion in cash. Ping went from a publicly traded company to a privately held firm under the Thoma Bravo umbrella.

SailPoint, which offers a software-as-a-service (SaaS) identity-security platform called IdentityNow, also now goes from publicly listed on the New York Stock Exchange to a privately held entity under Thoma Bravo. SailPoint stockholders are eligible for $65.25 in cash per share of SailPoint common stock now that the company has been delisted.

About us

  • MalwareTips is a community-driven platform providing the latest information and resources on malware and cyber threats. Our team of experienced professionals and passionate volunteers work to keep the internet safe and secure. We provide accurate, up-to-date information and strive to build a strong and supportive community dedicated to cybersecurity.

User Menu

Follow us

Follow us on Facebook or Twitter to know first about the latest cybersecurity incidents and malware threats.