KKR has completed the acquisition of Barracuda, a provider of cloud-first security solutions, from software investment firm Thoma Bravo. Financial terms of the transaction have not been disclosed. Barracuda is a cloud-first provider of cybersecurity solutions for small and medium sized enterprises (SMEs).
More than 200,000 customers worldwide count on Barracuda to protect their email, networks, applications, and data.
JP Morgan served as exclusive financial advisor to Thoma Bravo and Barracuda. Kirkland & Ellis LLP served as legal counsel to Thoma Bravo and Barracuda. Simpson Thacher & Bartlett LLP served as legal counsel to KKR. Guggenheim Securities, DBO Partners and Barclays served as financial advisors to KKR.
Read more: Private Equity Wire
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