The Latest Breaking News from Thoma Bravo

The stock market rally had mixed action, with the Nasdaq and small caps rising while the S&P 500 and oil prices fell.

After twelve new deals were announced during the prior two weeks, merger activity ground to a halt last week with no new deals announced. Oracle completed its massive $24.3 billion deal for healthcare software company Cerner and in a trend we have been seeing for several weeks, yet another SPAC…

Thoma Bravo pruned its Anaplan, Inc (NYSE:PLAN) takeover offer after agreeing to resolve a disagreement regarding compliance with specific merger terms. Now Anaplan stockholders will receive $63.75 per share in cash, down from the original purchase price of $66.00 per share in cash. The revised agreement aimed to avoid the risk of lengthy litigation, provide increased…

Another week and another deal with big pharma buying out a development stage oncology company. Given the real synergies to be had through young companies partnering with big pharma to leverage their manufacturing expertise and distribution networks, regulators have allowed most of them to go through and they tend to…

Stock futures extend slide as hawkish Powell ignites rate rally; Twitter shares higher on report Musk may team-up with Thoma Bravo; Gap shares plunge as group loses Old Navy exec, slashes sales forecast; Snap sees inflation, supply chains hitting Q2 ad revenues and Disney set to lose self-governing status in…

Merger activity increased last week with five new deals announced and one of the five new deals announced was a potential deal in the works. SailPoint Technologies (NYSE: SAIL)

Twitter adopts a "defensive measure" limiting Elon Musk's ability to raise his stake in the social media platform, as a buyout firm emerges to challenge his $58 billion bid for the company.

KKR & Co Inc (NYSE:KKR) has agreed to acquire cybersecurity company Barracuda Networks Inc from Thoma Bravo. The deal terms were not disclosed, but Bloomberg reports that the transaction could value Barracuda at ~$3.8 billion, including debt. Cybersecurity assets lure private equity firms due to their steady cash flows and market opportunity. This week, Thoma Bravo agreed to…

Shares of Anaplan Inc (NYSE: PLAN) Monday spiked close to 28% after private equity investment firm Thoma Bravo announced it had signed a deal to acquire the business planning software company.

We see a lot of chatter about potential deals every week and while most of these deals don't come to fruition, a surprisingly large number do. We analyzed 200 potential deals in our "deals in the works" (DITW) database in December 2018 and updated our analysis in October 2021 after…

Anaplan Inc (NYSE: PLAN) shares are trading significantly higher Monday morning after the company announced it will be acquired by software investment firm Thoma Bravo.