Windsor Drake Market Intelligence
Transaction · Cybersecurity · 2022

Thoma Bravo / SailPoint 2022

Thoma Bravo acquired SailPoint for $6.9B on April 11, 2022.

Target
SailPoint
Acquirer
Thoma Bravo
Deal value
$6.9B
Announced
April 11, 2022
Sub-sector
Cybersecurity

Transaction overview

  • Thoma Bravo announced the acquisition of SailPoint on April 11, 2022 for $6.9B.

Strategic rationale

Thoma Bravo acquires identity-security vendor SailPoint, taking it private.

Deal terms & multiples

Deal value
$6.9B
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
April 11, 2022
Acquirer
Thoma Bravo (PE)
Sub-sector
Cybersecurity

Sources

  • sec.gov /Archives/edgar/data/0001627857/000119312522100936/d248941dex991.htm

Comparable transactions in Cybersecurity

Primary Event type Counterparty Value Sub-sector Date
ForgeRock Transaction Thoma Bravo $2.3B Cybersecurity October 11, 2022

Other deals by Thoma Bravo

Primary Event type Counterparty Value Sub-sector Date
Coupa Software Transaction Thoma Bravo $8.0B B2B SaaS December 12, 2022
ForgeRock Transaction Thoma Bravo $2.3B Cybersecurity October 11, 2022
Anaplan Transaction Thoma Bravo $11B B2B SaaS March 20, 2022
Bottomline Technologies Transaction Thoma Bravo $2.6B B2B Payments December 17, 2021