The 10 Biggest Cybersecurity Acquisitions Of 2021 (So Far)
Private equity goliaths, SPACs, and pure-play security mainstays spent nearly $31 billion on the year‘s top cybersecurity acquisitions, placing big bets on securing networks and endpoints as well as managing employee and customer access.
1. Thoma Bravo To Acquire Proofpoint
Purchase Price: $12.3 Billion (Press Release)
Private equity giant Thoma Bravo agreed in April to purchase email security powerhouse Proofpoint in the biggest cybersecurity acquisition of all time. The Sunnyvale, Calif.-based company said the proposed acquisition will give Proofpoint the flexibility and resources needed to continue providing an effective cybersecurity and compliance offering.
Proofpoint also expects to benefit from Thoma Bravo’s operating capabilities, capital support and deep sector experience. Proofpoint has made waves in the channel this year, bringing on ex-Bitdefender and Fortinet partner leader Joe Sykora to serve as the company’s first global channel chief. The company has also expanded aggressively in recent years beyond email security and into adjacent fields via acquisition.
“We believe that as a private company, we can be even more agile with greater flexibility to continue investing in innovation, building on our leadership position and staying ahead of threat actors,” Proofpoint Chairman and CEO Gary Steele said in a statement. “Thoma Bravo is an experienced software investor, providing capital and strategic support to technology organizations.”