Thoma Bravo Acquires Darktrace for $5.3B (2024)
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.