World2 sources
Proofpoint Secures Financing for Varonis Acquisition
- Thoma Bravo-backed Proofpoint Inc. has secured $1.25 billion in financing.
- Proofpoint plans to acquire Varonis Systems Inc. in a $6.3 billion all-cash deal.
- The acquisition is supported by financial institutions JPMorgan and UBS.
- The deal is expected to close, pending regulatory approvals.
- Varonis Systems is a fellow cybersecurity company.