Investment Firm Thoma Bravo Acquired Imperva for $2.1 Billion
US private equity company Thoma Bravo is acquiring cybersecurity company Imperva (Nasdaq: IMPV). Thoma Bravo will pay $55.75 per share in cash, for a total deal value of around $2.1 billion. The deal is expected to close in the fourth quarter of 2018 or the first quarter of 2019.
Imperva founded in 2002 and based in Redwood Shores, California, Imperva was founded by three Israelis Shlomo Kramer, Mickey Boodaei and Amichai Shulman. Although most of its operations are in the US, Imperva has an estimated 500 employees in its offices in Tel Aviv and Rehovot.
The firm develops and sells information security software for databases and web apps. Following the acquisition, Imperva will continue to operate as a privately-held company under its current administrative team.