Private equity investment firm Thoma Bravo completed the acquisition of Imperva, Inc., a Redwood Shores, California-based cybersecurity leader that delivers solutions to protect data and applications on-premises, in the cloud, and across hybrid environments.
The acquisition was announced on October 10, 2018, received approval from Imperva’s shareholders on January 8, 2019, and closed effective on January 11, 2019.
Under the terms of the transaction, Imperva’s stockholders received $55.75 per share in cash. As a result of the completion of the acquisition, Imperva’s common stock was removed from listing on the Nasdaq Global Market, with trading in Imperva’s shares halted before the opening of the market on January, 11.
Qatalyst Partners acted as financial advisor to Imperva and Fenwick & West LLP served as Imperva’s legal advisor. Kirkland & Ellis LLP served as legal advisor to Thoma Bravo.
Led by Chris Hylen, president and CEO, Imperva is a cyber security company which provides solutions to protect data and applications – wherever they reside – on-premises, in the cloud, and across hybrid environments. The company’s Incapsula, SecureSphere, and CounterBreach product lines use data, analytics, and insights from experts to allow organizations to protect websites, applications, APIs, and databases from cyberattacks while ensuring compliance.
FinSMEs
12/01/2019