We believe every business deserves access to cloud-enabled, enterprise-grade security solutions that are easy to buy, deploy, and use. As acquisition is the process to takes over the controlling interest of rivals, so another concern was to gain market share and . Nous nous engageons collecter gratuitement votre ancien meuble chez vous pour toute acquisition d'un meuble neuf livr chez vous. ", "We are proud to have supported Barracuda to innovate and grow its security solutions portfolio, expand its customer base and achieve considerable operational improvements and revenue growth," said Chip Virnig, a Partner at Thoma Bravo. We protect email, networks, data and applications with innovative solutions that grow and adapt with our customers . Get started in minutes. Barracuda has announced future discontinuation of its Copy and CudaDrive services as of May 2016. View source version on businesswire.com: https://www.businesswire.com/news/home/20220412005856/en/, For Barracuda Networks: Acquisition from Thoma Bravo to further accelerate growth of leading cybersecurity software provider. Barracuda Networks, a trusted partner and leading provider of cloud-enabled security solutions, announced it has completed its acquisition of SKOUT Cybersecurity, a Melville, NY-based leader in cyber-as-a-service software for Managed Service Providers (MSPs) and provider of an extended detection and response (XDR) platform and service. NEW YORK & SAN FRANCISCO, April 12, 2022--(BUSINESS WIRE)--KKR, a leading global investment firm, today announced the signing of a definitive agreement under which KKRs investment funds will purchase Barracuda Networks Inc. ("Barracuda" or "the Company"), a leading provider of cloud-first security solutions, from Thoma Bravo, a leading software investment firm. Barracuda Networks, Barracuda, and the Barracuda Networks logo are registered trademarks of Barracuda Networks, Inc. in the US and other countries. in an all-cash transaction valued at $1.6 billion. Barracuda undertakes no intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Headquartered in Stockholm, the development and the manufacturing is undertaken in Linkping.Saab produced automobiles from 1947 until 1990 when the automobile division was spun off as Saab Automobile, a joint venture with General Motors. We see a tremendous opportunity for long-term growth as these businesses continue to invest more in cybersecurity and we look forward to helping Barracuda scale and deliver next generation products that meet this growing need., Over the course of Thoma Bravos four-year partnership, Barracuda has solidified its position as an industry leader in cloud-first cybersecurity software, said Seth Boro, a Managing Partner at Thoma Bravo. Accept the License Agreement, and click Next. Guggenheim Securities, DBO Partners and Barclays are serving as financial advisors to KKR. Spam, Malware, and Advanced Threat Protection, Email Encryption and Data Loss Prevention, Accelerate and secure cloud migrations with, Boost application performance and reduce costs with, Simplify and secure remote access by enabling Zero Trust for any device with, Secure your internet-connected devices with. Simpson Thacher & Bartlett LLP served as legal counsel to KKR. Additional Information and Where to Find It In connection with the transaction, the Company will file relevant materials with the SEC, including a preliminary proxy statement on Schedule 14A. Barracuda's customer-centric business model focuses on delivering high-value, subscription-based IT solutions that provide end-to-end network and data protection. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including statements containing the words predicts, plan, expects, focus, anticipates, believes, goal, target, estimate, potential, may, will, might, momentum, can, could, seek, and similar words. "We look forward to watching Barracudas continued success.". Actual results may differ materially from those projected in such statements due to various factors, including, but not limited to, (i)the risk that the transaction may not be consummated in a timely manner, if at all; (ii)the risk that the transaction may not be consummated and that, in certain circumstances, the Company may not be entitled to a termination fee; (iii)the risk that the definitive merger agreement may be terminated in circumstances that require the Company to pay a termination fee; (iv)risks related to the diversion of management's attention from the Company's ongoing business operations; (v)risks regarding the failure of the relevant Thoma Bravo affiliate to obtain the necessary financing to complete the transaction; (vi)the effect of the announcement of the transaction on the Company's business relationships (including, without limitation, customers and suppliers), operating results and business generally; and (vii)risks related to obtaining the requisite consents to the transaction, including, without limitation, the timing (including possible delays) and receipt of regulatory approvals from various domestic and foreign governmental entities (including any conditions, limitations or restrictions placed on these approvals) and the risk that one or more governmental entities may deny approval. We believe every business deserves access to cloud-enabled, enterprise-grade security solutions that are easy to buy, deploy, and use. Information regarding the identity of the potential participants, and their direct or indirect interests in the transaction, by security holdings or otherwise, will be set forth in the proxy statement and other materials to be filed with SEC in connection with the transaction. Kirkland & Ellis LLP is serving as legal counsel to Thoma Bravo and Barracuda. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKRs website at www.kkr.com and on Twitter @KKR_Co. KKRs insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. Browse our security and network solutions designed specifically for AWS. References to KKRs investments may include the activities of its sponsored funds and insurance subsidiaries. Private equity powerhouse KKR is acquiring email security provider Barracuda Networks with plans to "accelerate growth" by further pushing the company into key security markets such as managed . We are very pleased with the results of our acquisition strategy. The investment in Barracuda builds upon KKRs experience investing in the cybersecurity sector globally, with investments including Ping, Cylance, DarkTrace, ForgeRock, NetSPI and Optiv, among others. More information about Thoma Bravo can be found at www.thomabravo.com. Get WAF protection in minutes with our application security service. NEW YORK & SAN FRANCISCO-- ( BUSINESS WIRE )--KKR, a leading global investment firm, and Barracuda Networks, Inc. ("Barracuda" or the "Company") a leading provider of cloud-first security. We are all very aligned with the strategy we are heading into now, as opposed to the reset we did when we came in from private ownership.. The definitive proxy statement, the preliminary proxy statement and other relevant materials in connection with the transaction (when they become available), and any other documents filed by the Company with the SEC, may be obtained free of charge at the SECs website (http://www.sec.gov) or at the Companys website (http://investor.Barracuda.com/) or by writing to the Companys Secretary at 3175 S. Winchester Blvd,Campbell CA95008. SKOUT is based in Melville, NY. Talent Acquisition Manager, MENA. NEW YORK & SAN FRANCISCO, April 12, 2022 -- ( BUSINESS WIRE )--KKR, a leading global investment firm, today announced the signing of a definitive agreement under which KKR's investment funds will. More than 200,000 organizations worldwide trust Barracuda to protect them in ways they may not even know they are at risk so they can focus on taking their business to the next level. CAMPBELL, Calif., Feb. 12, 2018 /PRNewswire/ -- Thoma Bravo, LLC., a leading private equity investment firm, today announced that it has completed. At Barracuda we strive to make the world a safer place. Complete Web Application and API Protection (WAAP) platform to secure your workloads in the cloud. The firm seeks to create value by collaborating with company management to improve business operations, invest in growth initiatives and make accretive acquisitions. We see a tremendous opportunity for long-term growth as these businesses continue to invest more in cybersecurity and we look forward to helping Barracuda scale and deliver next generation products that meet this growing need., Over the course of Thoma Bravos four-year partnership, Barracuda has solidified its position as an industry leader in cloud-first cybersecurity software, said Seth Boro, a Managing Partner at Thoma Bravo. Barracuda Networks has been acquired by KKR, an investment outfit taking the company over from past owner Thoma Bravo. Rumors about Barracuda being up for sale have hit MSSP Alerts email inbox multiple times in recent weeks. Over the past 20 years, the firm has acquired or invested in more than 375 companies representing over $190 billion in enterprise value. The firm has offices in Chicago, Miami and San Francisco. About Barracuda Networks, Inc. (NYSE:CUDA)Barracuda simplifies IT with cloud-enabled solutions that empower customers to protect their networks, applications and data, regardless of where they reside. I expect that our employees, customers, and partners will benefit from this partnership. For additional information, please visit barracuda.com. CAMPBELL, Calif., Nov. 27, 2017 /PRNewswire/ -- Barracuda Networks, Inc. (NYSE: CUDA), a leading provider of cloud-enabled security and data protection solutions, today announced that it has entered into an agreement to be acquired by leading private equity investment firm Thoma Bravo, LLC. The Company focuses on serving small and medium sized enterprises (SMEs) and has more than 200,000 customers worldwide across a variety of industries, including education, government, financial services, health care, retail, consumer goods and manufacturing. We want to work very closely with them, and Barracuda wants to be their preferred vendor., New Years Podcast Series: Bob Bonneau of ESET Canada, Understanding innovation as a large, well-established enterprise, New Years Podcast Series: Frank Colletti of N-able, New Years Podcast Series: Zack Dickson of Cisco Canada. J.P. Morgan is serving as exclusive financial advisor to Thoma Bravo and Barracuda. This is technology M&A deal number 372 that MSSP Alert and sister site ChannelE2E have covered so far in 2022. Given its proven track record of growth and innovation, we believe that Barracuda has the right team and model to capture business in this growing market.. The firm invests in growth-oriented, innovative companies operating in the software and technology sectors. But MSPs have been a top go-to-market channel for Barracuda since about 2016 or so. Protect your business and users from ransomware attacks in three easy steps. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKRs website at www.kkr.com and on Twitter @KKR_Co. From multiple acquisitions to backend improvements, Barracuda has delivered tremendous value to its customers and partners., We are proud to have supported Barracuda to innovate and grow its security solutions portfolio, expand its customer base and achieve considerable operational improvements and revenue growth, said Chip Virnig, a Partner at Thoma Bravo. About Barracuda Networks, Inc. (NYSE: CUDA) Barracuda simplifies IT with cloud-enabled solutions that empower customers to protect their networks, applications and data, regardless of where they reside. August 16, 2022. The cybersecurity vendor said its proposed purchase . KKRs insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. We believe every business deserves access to cloud-first, enterprise-grade security solutions that are easy to buy, deploy, and use. More recently, key Barracuda moves include buying Skout Cybersecurity for MSP-focused security operations center capabilities. Participants in the Solicitation The Company and its directors and executive officers may be deemed to be participants in the solicitation of proxies from the Company's stockholders with respect to the transaction. Founded in 2003, Barracuda offers a broad suite of cybersecurity solutions across email protection, application security, network security and data protection that can be deployed and managed in both cloud and hybrid environments. The Edge DR Tech Sections Close Back Sections Featured Sections The Edge Dark Reading Technology. "With this acquisition, Barracuda is providing distributed businesses a new way to modernise remote access, enforce global security and access policies, and achieve seamless connectivity without . We protect email, networks, data and applications with innovative solutions that grow and adapt with our customers' journey. The proposed transaction is expected to close before Barracuda's fiscal year end of Feb. 28, 2018, and is subject to approval by Barracuda's shareholders and regulatory authorities, and the satisfaction of other customary closing conditions. At Barracuda we strive to make the world a safer place. This strategy is based on the belief that employee engagement is a key driver in building stronger companies. "Barracuda has been a tremendous partner over the last four years and has experienced strong product, customer and revenue growth," said Chip Virnig, a Partner at Thoma Bravo. Barracuda has completed its acquisition of SKOUT Cybersecurity, a Melville, NY-based leader in cyber-as-a-service software for Managed Service Providers (MSPs) and provider of an extended detection and response (XDR) platform and service. References to KKRs investments may include the activities of its sponsored funds and insurance subsidiaries. As you may have heard, Barracuda has acquired the Managed Workplace remote monitoring and management product line from Avast. Barracuda Email ProtectionComplete security that stops all 13 email threat types and protects Microsoft 365 data. These forward-looking statements should not be relied upon as representing Barracudas views as of any date subsequent to the date of this press release. Barracuda jobs Humi jobs Ethoca jobs Flipp jobs Ontario Medical Association jobs City of Richmond Hill jobs Sofina Foods Inc. jobs . The companies didn't disclose terms of the deal, but sources familiar with it said that KKR would be paying nearly $4 . Before viewing this presentation, please acknowledge your understanding that it has been prepared for KKR & Co. Inc. (NYSE:KKR) for the benefit of its public stockholders and is not intended to be a solicitation or sale of any of the securities, funds or services that it may discuss. We believe every business deserves access to cloud-first, enterprise-grade security solutions that are easy to buy, deploy, and use. KKR buys Barracuda Networks from private equity firm Thoma Bravo. CAMPBELL, Calif., July 13, 2021 Barracuda Networks, Inc. , a trusted partner and leading provider of cloud-enabled security solutions, today announced it has completed its acquisition of SKOUT Cybersecurity, a Melville, NY-based leader in cyber-as-a-service software for Managed Service Providers (MSPs) and provider of an extended detection and I expect that our employees, customers, and partners will benefit from this partnership., Barracuda is a proven industry leader, consistently bringing powerful, comprehensive solutions to customers in an increasingly prevalent, hostile, and complex threat environment, saidSeth Boro, a managing partner at Thoma Bravo. Campbell, Calif. (September 29, 2015) - Barracuda Networks, Inc. (NYSE: CUDA) today announced it has entered into a definitive agreement to acquire privately held Intronis, Inc. (Intronis), a leader in providing data protection solutions to managed service providers (MSPs), a fast-growing channel delivering IT services to small and medium-sized Information regarding the identity of the potential participants, and their direct or indirect interests in the transaction, by security holdings or otherwise, will be set forth in the proxy statement and other materials to be filed with SEC in connection with the transaction. NEW YORK & SAN FRANCISCO(BUSINESS WIRE) The Company focuses on serving small and medium sized enterprises (SMEs) and has more than 200,000 customers worldwide across a variety of industries, including education, government, financial services, health care, retail, consumer goods and manufacturing. "Thoma Bravo has an excellent history of investing in growing security businesses, and this transaction speaks to the value and strength of Barracuda's security platform, which helps customers protect and manage their networks, applications, and data. View the full release here: https://www.businesswire.com/news/home/20220412005856/en/. View source version on businesswire.com: https://www.businesswire.com/news/home/20220816005239/en/, For Barracuda Networks:Jonelle Elam408-813-7762jelam@barracuda.com, For KKR:Julia Kosygina212-750-8300media@kkr.com, For Thoma Bravo:Thoma Bravo CommunicationsMegan Frank(212)-731-4778mfrank@thomabravo.com, FGS Global:Nicky Bryan(646)-436-6126nicky.bryan@fgsglobal.com, https://www.businesswire.com/news/home/20220816005239/en/, Death toll in strike on Ukraine's Zaporizhzhia rises to 11 - officials, UPDATE 1-Bankman-Fried can have flip phone, limited internet while on bail, US proposes, China's economy, government revamp in focus as parliament set to open, The U.S. government is turning up the heat on TikTok here's the latest, Bankman-Fried can have flip phone, limited internet while on bail, US proposes. Click Next to continue. More than 200,000 customers worldwide count on Barracuda to protect their email, networks, applications, and data. "We are very appreciative of Thoma Bravos support and very excited to be working with KKR on this next phase of Barracudas journey. - Head Talent Acquisition and recruitment operations for all business units in MENA covering Financial & Risk, Tax & Accounting, Legal, Intellectual Property & Science, Reuters Media and Global Growth Organization. This presentation contains certain forward-looking statements pertaining to KKR & Co. Inc. and its consolidated subsidiaries (collectively KKR), including certain investment funds, vehicles and accounts that are managed by KKR (each, a fund). CAMPBELL, Calif., July 13, 2021 /PRNewswire/ -- Barracuda Networks, Inc. , a trusted partner and leading provider of cloud-enabled security solutions, today announced it has completed its. in an all-cash transaction valued at$1.6 billion. Upon the close of the transaction, Barracuda will operate as a privately-held company with a continued focus on email security and management, network and application security, and data protection solutions that can be deployed in cloud and hybrid environments. Job ID: 23-831. This book was released on 1997 with total page 268 pages. We are very appreciative of Thoma Bravos support and very excited to be working with KKR on this next phase of Barracudas journey.. More than 220,000 global customers trust Barracuda to safeguard their employees, data, and applications from a . Learn how to protect your organization from all 13 types of email attacks. We are seeking talented, motivated sales performers who thrive in quick sales cycle environment; this fast-paced role is focused on growing our SMB customer base through the acquisition net-new . Barracuda Networks has purchased Skout Cybersecurity, a New York-based channel-only provider of extended detection and response (XDR) services. When typing in this field, a list of search results will appear and be automatically updated as you type. Thoma Bravo is one of the largest private equity firms in the world, with more than $103 billion in assets under management as of December 31, 2021. Thoma Bravo acquired Barracuda in 2018 in a $1.6 billion cash deal. We feel very strong alignment with this, Naguib indicated. Previous investments included Ping, Cylance, DarkTrace, ForgeRock, NetSPI and Optiv, among others, the investor notes. Thoma Bravo invests with a particular focus on application and infrastructure software and technology enabled services. Our channel is supremely important to us. barracuda.substack.com. KKR does not undertake any obligation to update any forward-looking statements to reflect circumstances or events that occur after the date on which such statements were made except as required by law.