M&AOctober 1, 2024Verified

Thoma Bravo Acquires Darktrace for $5.3B (2024)

$5,300,000,000

Key Facts

Company
Darktrace
Sector
Cybersecurity AI
Country
United Kingdom
Acquirer
Thoma Bravo

Acquisition Overview

Thoma Bravo agreed to acquire Darktrace for $5,300,000,000, with the transaction announced on October 1, 2024. Thoma Bravo acquired AI cybersecurity company Darktrace for $5.3 billion. $5.3B acquisition by private equity.

Strategic Fit

Darktrace brings cybersecurity ai capabilities that can accelerate product roadmaps and shorten time-to-market for Thoma Bravo. In AI M&A, acquiring teams and IP can be faster than building internally, especially in fast-moving categories.

Industry Context

Consolidation in cybersecurity ai is rising as larger platforms seek differentiated AI assets. This transaction fits a broader pattern of buyers using acquisitions to secure talent, technology, and distribution advantages.

Deal Highlights

  • Capital involved: $5,300,000,000.
  • Acquirer: Thoma Bravo.

Integration Watchpoints

Key milestones to watch include product integration, customer migration, and retention of the acquired team. Clear execution on these fronts typically determines whether M&A creates durable value.

Looking Ahead

This m&a positions Darktrace for continued growth in the cybersecurity ai landscape. As AI adoption accelerates across industries, deals like this signal where capital and strategic attention are moving next.

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