2. Thoma Bravo Acquires Barracuda Networks
Purchase Price: $1.6 Billion
Thoma Bravo purchased Barracuda Networks in February, just four years after the storage and security vendor filed for an IPO.
The Chicago-based private equity firm said it was impressed by Campbell, California-based Barracuda's ability to bring comprehensive offerings to customers in an increasingly hostile and complex threat environment. The firm said that Barracuda is at the forefront of innovation in several highly strategic areas of the cybersecurity market.
Barracuda, for its part, expected that the deal would help the company accelerate the growth of its industry-leading security platform. The company also praised Thoma Bravo's excellent history of investing in growing security businesses.