Learn how to protect your organization from all 13 types of email attacks. Click Next. INVESTORS AND SECURITY HOLDERS OF THE COMPANY ARE URGED TO READ THESE MATERIALS (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND ANY OTHER RELEVANT DOCUMENTS IN CONNECTION WITH THE TRANSACTION THAT THE COMPANY WILL FILE WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE COMPANY AND THE TRANSACTION. KKR will provide resources and expertise to further accelerate the Companys growth and support its strategic expansion in key areas, including managed detection and response, extended detection and response, and secure access service edge technology. The definitive proxy statement, the preliminary proxy statement and other relevant materials in connection with the transaction (when they become available), and any other documents filed by the Company with the SEC, may be obtained free of charge at the SECs website (http://www.sec.gov) or at the Companys website (http://investor.Barracuda.com/) or by writing to the Companys Secretary at 3175 S. Winchester Blvd,Campbell CA95008. KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. More than 220,000 global customers trust Barracuda to safeguard their employees, data, and applications from a . Under the program they have been driving, universal equity becomes part of what they share with everyone from lower level employees up to managers and senior level people.. Financial terms were not disclosed. The Company focuses on serving small and medium sized enterprises (SMEs) and has more than 200,000 customers worldwide across a variety of industries, including education, government, financial services, health care, retail, consumer goods and manufacturing. ", "Barracuda has built an impressive portfolio of solutions that are helping SMEs around the world protect their data and address critical security challenges," said Bradley Brown, Managing Director at KKR. This book was released on 1997 with total page 268 pages. The definitive proxy statement, the preliminary proxy statement and other relevant materials in connection with the transaction (when they become available), and any other documents filed by the Company with the SEC, may be obtained free of charge at the SEC's website (http://www.sec.gov) or at the Company's website (http://investor.Barracuda.com/) or by writing to the Company's Secretary at 3175 S. Winchester Blvd, Campbell CA 95008. Outside US: +1 (212) 230-9410 - Head Talent Acquisition and recruitment operations for all business units in MENA covering Financial & Risk, Tax & Accounting, Legal, Intellectual Property & Science, Reuters Media and Global Growth Organization. KKR to Acquire Barracuda Networks - Yahoo! Required fields are marked *. We believe every business deserves access to cloud-enabled, enterprise-grade security solutions that are easy to buy, deploy, and use. Barracuda Networks, Barracuda, and the Barracuda Networks logo are registered trademarks of Barracuda Networks, Inc. in the US and other countries. Article | Barracuda Networks Hatem Naguib, CEO of Barracuda. We protect email, networks, data and applications with innovative solutions that grow and adapt with our customers' journey. KKRs insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. We believe every business deserves access to cloud-first, enterprise-grade security solutions that are easy to buy, deploy, and use. CAMPBELL, Calif., Nov. 27, 2017 /PRNewswire/ -- Barracuda Networks, Inc. (NYSE: CUDA ), a leading provider of cloud-enabled security and data protection solutions, today announced that it has. Thoma Bravo Completes Acquisition of Barracuda document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Managed Security Services Providers (MSSP) News, Analysis and Cybersecurity Research. NEW YORK & SAN FRANCISCO, August 16, 2022--(BUSINESS WIRE)--KKR, a leading global investment firm, and Barracuda Networks, Inc. ("Barracuda" or the "Company") a leading provider of cloud-first security solutions, today announced that KKRs investment funds have completed an acquisition of Barracuda from Thoma Bravo, a leading software investment firm. Barracuda Networks has purchased Skout Cybersecurity, a New York-based channel-only provider of extended detection and response (XDR) services. KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR, a leading global investment firm, today announced the signing of a definitive agreement under which KKRs investment funds will purchase Barracuda Networks Inc. (Barracuda or the Company), a leading provider of cloud-first security solutions, from Thoma Bravo, a leading software investment firm. KKR To Acquire Barracuda Networks In Bid To 'Accelerate - CRN KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. All contents 2023 MSSP Alert and After Nines Inc. Privacy Policy |Website Terms & Conditions. We are seeking talented, motivated sales performers who thrive in quick sales cycle environment. This strategy is based on the belief that employee engagement is a key driver in building stronger companies. ", "We are proud to have supported Barracuda to innovate and grow its security solutions portfolio, expand its customer base and achieve considerable operational improvements and revenue growth," said Chip Virnig, a Partner at Thoma Bravo. This fast-paced role is focused on growing our Small to Midsize Business (SMB) customer base through expansion and acquisition of net-new customers. We expect that the acquisition strategy under KKR will be similar to what it has been, Naguib said. One of our values at Barracuda is to succeed together. 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References to KKRs investments may include the activities of its sponsored funds and insurance subsidiaries. Barracuda Networks has been acquired by KKR, an investment outfit taking the company over from past owner Thoma Bravo. Past performance is not necessarily indicative of future results. Lead Development Representative Job in Campbell, CA at Barracuda Barracuda shareholders of record will receive $27.55 in cash for each share of Barracuda common stock they hold. NEW YORK, NY and SAN FRANCISCO, CA April 12, 2022 KKR, a leading global investment firm, today announced the signing of a definitive agreement under which KKRs investment funds will purchase Barracuda Networks Inc. (Barracuda or the Company), a leading provider of cloud-first security solutions, from Thoma Bravo, a leading software investment firm. Added John Park, head of Americas Technology Private Equity at KKR: We continue to see cybersecurity as a highly attractive sector and are excited to back a clear leader in the space. Under the terms of the agreement, Datto stockholders will receive $35.50 per share in a transaction that values Datto at approximately $6.2 billion. Get security and networking solutions that are deployed natively in Microsoft Azure. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including statements containing the words "predicts," "plan," "expects," "focus," "anticipates," "believes," "goal," "target," "estimate," "potential," "may," "will," "might," "momentum," "can," "could," "seek," and similar words. 646-436-6126 The firm has offices in Chicago, Miami and San Francisco. Barracuda is a provider of powerful, easy-to-use, affordable IT solutions for security and storage. Financial services are a prime target for cyber attacks. Given its proven track record of growth and innovation, we believe that Barracuda has the right team and model to capture business in this growing market., Barracuda has built an impressive portfolio of solutions that are helping SMEs around the world protect their data and address critical security challenges, said Bradley Brown, Managing Director at KKR. Over the past 20 years, the firm has acquired or invested in more than 375 companies representing over $190 billion in enterprise value. More than 200,000 organizations worldwide trust Barracuda to protect them in ways they may not even know they are at risk so they can focus on taking their business to the next level. We are very appreciative of Thoma Bravos support and very excited to be working with KKR on this next phase of Barracudas journey., We continue to see cybersecurity as a highly attractive sector and are excited to back a clear leader in the space, said John Park, Head of Americas Technology Private Equity at KKR. CAMPBELL, Calif.Barracuda Networks, Inc. (NYSE: CUDA), a leading provider of cloud-enabled security and data protection solutions, today announced that it has entered into an agreement to be acquired by leading private equity investment firm Thoma Bravo, LLC. We are all very aligned with the strategy we are heading into now, as opposed to the reset we did when we came in from private ownership.. To the extent the Companys directors and executive officers holdings of the Companys securities have changed since the amounts printed in the Companys proxy statement, such changes have been or will be reflected on Statements of Change in Ownership on Form 4 filed with the SEC. Learn how Barracuda can help. Additional Information and Where to Find ItIn connection with the transaction, the Company will file relevant materials with the SEC, including a preliminary proxy statement on Schedule 14A. - Collaborate with . Barracuda Completes Acquisition of SKOUT Cybersecurity - XaaS Journal Promptly after filing its definitive proxy statement with the Securities and Exchange Commission (the "SEC"), the Company will mail the definitive proxy statement and a proxy card to each stockholder entitled to vote at the special meeting relating to the merger. Accessorios. KKR to Acquire Barracuda Networks - darkreading.com KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. About Barracuda Networks, Inc. (NYSE: CUDA) Barracuda simplifies IT with cloud-enabled solutions that empower customers to protect their networks, applications and data, regardless of where they reside. "We believe the proposed transaction offers an opportunity for us to accelerate our growth with our industry-leading security platform that's purpose-built for highly distributed, diverse cloud and hybrid environments. Protect students and faculty from ransomware and other cyber attacks. We are very pleased with the results of our acquisition strategy. KKR buys Barracuda Networks from private equity firm Thoma Bravo. Barracuda anticipates that subsequent events and developments will cause its views to change. BARRACUDA ACQUISITIONCO, INC. Palo Alto Networks -and- Barracuda Firewalls w/Service Agreements Since 2011, KKR has awarded billions of dollars of total equity value to over 45,000 non-management employees across more than 25 companies. PDF Press Releases Sheppard Mullin Advises SKOUT Cybersecurity in Monika Dang (she/her) - Technical Talent Partner - Barracuda - LinkedIn About Thoma Bravo, LLCThoma Bravo is a leading private equity investment firm building on a 30+ year history of providing equity and strategic support to experienced management teams and growing companies. Stop zero-hour and advanced attacks that evade traditional detection techniques. 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