TA Associates (TA), a global growth private equity firm, is to make a significant growth investment in Veracode, a global provider of application security solutions.
Veracode’s current majority investor, softwares investment firm Thoma Bravo, will retain a minority position in the business. The transaction, which values Veracode at USD2.5 billion, is expected to be completed in Q2 2022, subject to customary closing conditions.
An eight-time leader in the Gartner Magic Quadrant for Application Security Testing, Veracode offers a comprehensive software security platform that empowers organizations to deliver secure software at scale and with unmatched speed.
Read more: Private Equity Wire
Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.