{"id":55931,"date":"2024-04-26T16:00:09","date_gmt":"2024-04-26T16:00:09","guid":{"rendered":"https:\/\/www.threatshub.org\/blog\/second-time-lucky-for-thoma-bravo-which-scoops-up-darktrace-for-5-3b\/"},"modified":"2024-04-26T16:00:09","modified_gmt":"2024-04-26T16:00:09","slug":"second-time-lucky-for-thoma-bravo-which-scoops-up-darktrace-for-5-3b","status":"publish","type":"post","link":"https:\/\/www.threatshub.org\/blog\/second-time-lucky-for-thoma-bravo-which-scoops-up-darktrace-for-5-3b\/","title":{"rendered":"Second time lucky for Thoma Bravo, which scoops up Darktrace for $5.3B"},"content":{"rendered":"

Private equity investor Thoma Bravo has successfully completed a second acquisition attempt of UK-based cybersecurity company Darktrace in a $5.3 billion deal.<\/p>\n

Thoma Bravo, which has an extensive portfolio of cybersecurity companies including McAfee, Proofpoint, and Sophos, originally moved for Darktrace in 2022 but the deal collapsed<\/a> in the early stages.<\/p>\n

Darktrace’s share price plummeted following the deal’s abandonment, and months later allegations of accounting fraud from a short seller ensured that the share price remained well below its all-time highs of 2021 when it was first listed in London. The fraud claims were nullified last year when auditing giant EY gave Darktrace a clean bill of health.<\/p>\n