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Thoma Bravo to Buy Verint in $2B Deal

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TechnologyGoing Private

Deal Overview

Thoma Bravo completed a $2 billion buyout of Verint, taking the Nasdaq-listed customer experience automation company private. The transaction valued Verint at $20.50 per share, an 18% premium to its 10-day average trading price before sale news.

The board unanimously approved the deal, which removed Verint from public markets and folded it into Thoma Bravo’s software-focused private equity portfolio. After closing, Verint laid off hundreds of employees, including several dozen in Israel, as it began integrating with Calabrio.

Thoma Bravo said it plans to combine Verint with Calabrio to build a unified, AI-driven customer experience platform, and appointed Dave Rhodes, formerly CEO of Calabrio, as CEO of the combined company effective immediately.

Key Details

Transaction
Thoma Bravo acquires Verint
Deal Size
Over $100M
Reported Value
$2 billion

Filed under

Source

Read full article on news.google.com

via Google News - software acquisition PE · March 2, 2026

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