Verint agrees to be acquired by Thoma Bravo for $2 billion
Client(s) Verint Systems Inc.
Jones Day advised Verint Systems Inc. (NASDAQ: VRNT), a global leader in Customer Experience (CX) Automation software, in connection with a take private transaction entered into with Thoma Bravo, a leading private equity firm primarily investing in software and technology companies, to become a privately held company in an all-cash transaction reflecting an enterprise value of $2 billion. Under the merger agreement, a Thoma Bravo controlled entity acted as the parent in a reverse-triangular merger.