Verint to be acquired by Thoma Bravo for $2B

Published 2 months ago Positive
Verint to be acquired by Thoma Bravo for $2B
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* Verint (NASDAQ:VRNT [https://seekingalpha.com/symbol/VRNT]) said it will be acquired by software investment firm Thoma Bravo in an all-cash deal valuing the company at $2 billion. Shareholders will receive $20.50 per share, an 18% premium to the 10-day average price before reports of a potential sale.
* Shares of Verint (NASDAQ:VRNT [https://seekingalpha.com/symbol/VRNT]) were up over 12% following the announcement.
* The transaction, which was unanimously approved by the Verint board of directors, is expected to close before the end of Verint’s current fiscal year.
* After the deal closes, Verint’s common stock will be delisted from public exchanges. The company said it will suspend quarterly earnings calls, halt quarterly and annual guidance, and discontinue its share repurchase program pending the transaction.
* Source: Press Release [https://seekingalpha.com/pr/20210172-verint-agrees-to-be-acquired-by-thoma-bravo-for-2-billion]

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* Verint Systems: Thoma Bravo Buyout Talks Could Mean A Turning Point [https://seekingalpha.com/article/4799166-verint-systems-thoma-bravo-buyout-talks-could-mean-a-turning-point]
* Verint Systems Q1 Earnings: The AI Narrative Gains Traction (Rating Upgrade) [https://seekingalpha.com/article/4792584-verint-q1-earnings-ai-narrative-gains-traction]
* Verint Systems Inc. 2026 Q1 - Results - Earnings Call Presentation [https://seekingalpha.com/article/4792509-verint-systems-inc-2026-q1-results-earnings-call-presentation]
* Thoma Bravo nears $2B deal for Verint Systems - Bloomberg [https://seekingalpha.com/news/4488586-thoma-bravo-nears-2b-deal-for-verint-systems-bloomberg]
* Thoma Bravo reportedly in talks to acquire Verint; shares rise in after-hours trading [https://seekingalpha.com/news/4464557-thoma-bravo-reportedly-in-talks-to-acquire-verint-shares-rise-in-after-hours-trading]