Thoma Bravo, a leading software investment firm, has completed its $1.8 billion acquisition of Everbridge, Inc., a company known for its critical event management and national public warning solutions. Everbridge shareholders will receive $35.00 per share in cash, and the company’s stock will be delisted from Nasdaq.
Everbridge, led by President and CEO David Wagner, helps organizations respond to and recover from critical events using intelligent automation and comprehensive risk data. This acquisition aims to enhance Everbridge’s ability to innovate and expand its global reach.
Thoma Bravo manages approximately $142 billion in assets and specializes in software and technology investments. With offices in major cities like Chicago, London, and San Francisco, Thoma Bravo partners with companies to drive growth and implement best practices.
The acquisition will provide Everbridge with resources to advance its technologies, including AI and machine learning, improving its predictive capabilities. This partnership is expected to open new market opportunities and strengthen Everbridge’s position in the industry.
Thoma Bravo’s acquisition of Everbridge highlights its commitment to investing in companies that enhance safety and resilience, supporting their growth and innovation.
