Thoma Bravo has agreed to acquire Everbridge for $1.5 billion.
Thoma Bravo is a firm that invests in growth-oriented, innovative companies in the software and technology sectors, through its private equity, growth equity and credit strategies.
Everbridge is a company that empowers government organizations and enterprises to anticipate, mitigate, respond to, and recover from critical events.
The deal is expected to be completed in the second quarter of 2024, “subject to customary closing conditions, including approval by Everbridge shareholders and the receipt of required regulatory approvals. The transaction is not subject to a financing condition.”
-Thoma Bravo
