AcquisitionOct 15, 2026Pending
Hot🇺🇸 United States
VSVaronis Systems, Inc.PProofpoint, Inc.
Technology › Software
Equity value$6.3BEquity value
AnnouncedOct 15, 2026
ConsiderationCash
StructureOne-step merger
RegionNorth America
Cross-borderNo
Contingent paymentNo
Overview
Proofpoint, Inc., a portfolio company of Thoma Bravo, agreed to acquire Varonis Systems, Inc. in an all-cash transaction for approximately $6.3 billion, with Varonis shareholders receiving $49.75 per share in cash.
Deal rationale
The combination creates a new cybersecurity powerhouse to deliver a complete security platform that protects against AI-accelerated threats and data risks.
AI-generated from the SEC filingPendingTechnology › SoftwareUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | $6.3B | Headline figure |
|---|---|---|
| Enterprise value | Undisclosed | |
| Consideration | Cash |
Advisors
Buy-side
BOBank of AmericaJPJ.P. MorganMMizuho (Greenhill)MSMorgan StanleyUUBS
Sell-side
GSGoldman Sachs
Parties
Target
VSVaronis Systems, Inc.
- Headquarters
- United States
- Ticker
- VRNS
Acquirer
PProofpoint, Inc.
- Headquarters
- United States
- Ticker
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