We believe every business deserves access to cloud-first, enterprise-grade security solutions that are easy to buy, deploy, and use. Were here to help you protect and support your customers for life with enterprise-grade, cloud-ready security solutions. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220816005239/en/. SKOUT provides Cyber as a Service software for Managed Service Providers (MSPs), as well as an extended detection and response (XDR) platform and service. Barracuda Completes Acquisition of SKOUT Cybersecurity - XaaS Journal Accept the License Agreement, and click Next. Envision yourself at Barracuda The Lead Development Rep (LDR) is primarily responsible for delivering qualified leads to our Territory Management Team. We protect email, networks, data, and applications with innovative solutions that grow and adapt with our customers' journey. 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. Weve been thrilled with the team we got with that. Managed detection and response [MDR] extended detection and response [XDR], and secure access service edge [SASE] technology will be the focus of these acquisition efforts going forward. References to KKRs investments may include the activities of its sponsored funds and insurance subsidiaries. Barracuda intends all such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of the Exchange Act and the Private Securities Litigation Reform Act of 1995. KKR has acquired Barracuda Networks from private equity firm Thoma Bravo. Kirkland & Ellis LLP is serving as legal counsel to Thoma Bravo and Barracuda. While Barracudas acquisition in 2013 by Thoma Bravo helped the company a lot in transforming itself into a cloud-first company with a modern comprehensive portfolio, they think KKR is even better situated to Barracudas current stage of the growth cycle. 2003 - 2022 Barracuda Networks, Inc. All rights reserved. SKOUT is based in Melville, NY. KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. Barracuda to Acquire Intronis, Inc | Barracuda MSP Additional information about factors affecting KKR, including a description of risks that may be important to a decision to purchase or sell any common or preferred stock of KKR & Co. Inc., can be found in KKR & Co. Inc.s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and its other filings with the SEC, which are available at www.sec.gov. Thoma Bravo UK LLP is an Appointed Representative of Sapia Partners LLP which is regulated and authorised by the Financial Conduct Authority (FCA). 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. The company's filing status is listed as Active and its File Number is 6150972. 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 SEC's website (http://www.sec.gov) or at the Company's website (http://investor.Barracuda.com/) or by writing to the Company's Secretary at 3175 S. Winchester Blvd, Campbell CA 95008. The companies didn't disclose terms of the deal, but sources familiar with it said that KKR would be paying nearly $4 . 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. "From multiple acquisitions to backend improvements, Barracuda has delivered tremendous value to its customers and partners. Barracuda considers acquisition as its preferred mode of entry into furniture to ensure the immediate market presence in the furniture business and also to emphasize on the business diversification strategy. Autel; Lonsdor; Obdstar; Tango; Topdon; Xhorse; Xtool; Partes de cerraduras automotrices . See more than 1,000 technology M&A deals listed here, buying Skout Cybersecurity for MSP-focused security operations center capabilities, Top 250 Managed Security Services Providers (MSSP) Company List, Top 40 Managed Detection and Response (MDR) Company List, MSSP M&A List: 100+ Managed Security Buyers, Sellers and Investors. Broadway Acquires Barracuda FX, Strengthens Senior FX Team CAMPBELL, Calif.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. 4 ways Barracuda's acquisition of SKOUT Cybersecurity will help MSPs Get SaaS backup for your Microsoft 365 data with unlimited storage. Palo Alto Networks -and- Barracuda Firewalls w/Service Agreements Stop zero-hour and advanced attacks that evade traditional detection techniques. Article | Barracuda Networks According to the statement released today, Broadway will use the acquisition to further expand its product suite. More recently, key Barracuda moves include buying Skout Cybersecurity for MSP-focused security operations center capabilities. We believe every business deserves access to cloud-enabled, enterprise-grade security solutions that are easy to buy, deploy, and use. Security business Barracuda Networks acquired for $1.6 billion Barracuda Agrees To Be Acquired By Thoma Bravo For $1.6 Billion View source version on businesswire.com: https://www.businesswire.com/news/home/20220412005856/en/, For Barracuda Networks:Jonelle Elam408-813-7762jelam@barracuda.com, For KKR:Julia Kosygina212-750-8300media@kkr.com, For Thoma Bravo:Megan FrankThoma Bravomfrank@thomabravo.com 212-731-4778, Nicky BryanFinsbury Glover Hering646-436-6126Nicky.bryan@fgh.com, https://www.businesswire.com/news/home/20220412005856/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. Barracuda Networks has been acquired by KKR, an investment outfit taking the company over from past owner Thoma Bravo. Observed Seth Boro, a managing partner at Thoma Bravo: Over the course of Thoma Bravos four-year partnership, Barracuda has solidified its position as an industry leader in cloud-first cybersecurity software. 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. Simpson Thacher & Bartlett LLP is serving as legal counsel to KKR. Thoma Bravo is one of the largest private equity firms in the world, with more than $114 billion in assets under management as of March 31, 2022. KKRs insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. For additional information, please visitbarracuda.com. Jonelle Elam For Thoma Bravo Matthew Gorton Hiltzik Media Strategies +1 212-776-1161 [emailprotected], For Barracuda MC Petermann +1 404-307-6290 [emailprotected], Maria Riley +1 415-217-7722 [emailprotected], Cision Distribution 888-776-0942 KKR will provide resources and expertise to further accelerate the Companys growth and support its strategic expansion in key areas, including managed detection and response, extended detection and response, and secure access service edge technology. Salahuddin Shaik - Senior Talent Acquisition Manager - CEEMEA - Midis Barracuda has exchanged one private equity owner for another. At Barracuda we strive to make the world a safer place. Learn how Barracuda can help. Please read our cookie notice for more information on the cookies we use and how to delete or block them. J.P. Morgan is serving as exclusive financial advisor to Thoma Bravo and Barracuda. 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 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. We believe every business deserves access to cloud-enabled, enterprise-grade security solutions that are easy to buy, deploy, and use. Herzog Technologies, Inc.:Acquisition,Acquisition Analysis & Reports KKR Completes Acquisition of Barracuda from Thoma Bravo 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., Barracuda has built an impressive portfolio of solutions that are helping SMEs around the world protect their data and address critical security challenges, said Bradley Brown, Managing Director at KKR. Shareholders to Receive $27.55 per Share in Cash. 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. That compares to $352.6 million back in 2017, according to historic data from Barracuda. 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 firm invests in growth-oriented, innovative companies operating in the software and technology sectors. Our channel is supremely important to us. At Barracuda we strive to make the world a safer place. Talent Acquisition Specialist jobs 2,414 open jobs Director of Education jobs 1,408 open jobs Estate Manager jobs 1,098 open jobs . Scan your Microsoft 365 for sensitive data and malware. Get started in minutes. 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. 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. The Barracuda acquisition may not have been threatening to ION per se, but it might have alerted them to the utility of acquisitions in the sector, and in particular in the connectivity and integration section of the market. If a change occurs, KKRs business, financial condition, liquidity and results of operations, including but not limited to, assets under management, fee paying assets under management, after-tax distributable earnings, capital invested, syndicated capital, uncalled commitments, cash and short-term investments, fee related earnings, fee and yield segment EBITDA, core interest expense and book value, may vary materially from those expressed in the forward-looking statements. Acquisition from Thoma Bravo to further accelerate growth of leading cybersecurity software provider. KKR & Co. announced Tuesday it's agreed to buy Barracuda from Thoma Bravo LP. All forward-looking statements speak only as of the date they are made. https://www.businesswire.com/news/home/20220412005856/en/. Get WAF protection in minutes with our application security service. THREAT PREVENTION Spam, Malware, and Advanced Threat Protection Phishing and Impersonation Protection Account Takeover Protection Domain Fraud Protection Web Security Zero Trust Access for Microsoft 365 in an all-cash transaction valued at$1.6 billion. Required fields are marked *. Download or read book Challenger & Barracuda Restoration Guide, 1967-1974 written by Paul A. Herd and published by Motorbooks. Facsimile: +1 (212) 750-0003 On 2/28/23 MICC West Point issued Sources Sought W911SD23R0994 for Palo Alto Networks -and- Barracuda Firewalls w/Service Agreements due 3/6/23 Promptly after filing its definitive proxy statement with the Securities and Exchange Commission (the "SEC"), the Company will mail the definitive proxy statement and a proxy card to each stockholder entitled to vote at the special meeting relating to the merger. VVDI MB Tool Power adapter work with VVDI MB for Quick Data Acquisition Barracuda is the digital marketing agency that can help you surface real value We're a London based digital marketing agency Based out of Waterloo in London, we're an independent digital marketing agency all about delivering value to our clients. 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.. Barracuda's expertise includes security operations centers (SOCs) for MSPs. When we were acquired by Thoma Bravo, we were a public company, but we had no ability to transform ourselves. The firm invests in growth-oriented, innovative companies operating in the software and technology sectors. There has been an evolution in these PE [private equity] partners, and which is the best fit for a company comes down to where the company is in their lifecycle, said Hatem Naguib, CEO of Barracuda. The cybersecurity vendor said its proposed purchase . More than 220,000 global customers trust Barracuda to safeguard their employees, data, and applications from a . Financial terms were not disclosed. Added John Park, head of Americas Technology Private Equity at KKR: We continue to see cybersecurity as a highly attractive sector and are excited to back a clear leader in the space. NEW YORK & SAN FRANCISCO, August 16, 2022 -- ( BUSINESS WIRE )--KKR, a leading global investment firm, and Barracuda Networks, Inc. ("Barracuda" or the "Company") a leading provider of. KKR to Acquire Barracuda Networks The transaction is anticipated to close by the end of the year.