If a change occurs, KKRs business, financial condition, liquidity and results of operations, including but not limited to, assets under management, fee paying assets under management, after-tax distributable earnings, capital invested, syndicated capital, uncalled commitments, cash and short-term investments, fee related earnings, fee and yield segment EBITDA, core interest expense and book value, may vary materially from those expressed in the forward-looking statements. Still, Barracudas exact annual revenue and EBITDA profit figures are not currently disclosed. NEW YORK & SAN FRANCISCO -- (BUSINESS WIRE)-- KKR, a leading global investment firm, and Barracuda Networks, Inc. ("Barracuda" or the "Company") a leading provider of cloud-first security. There has been an evolution in these PE [private equity] partners, and which is the best fit for a company comes down to where the company is in their lifecycle, said Hatem Naguib, CEO of Barracuda. Supported by our Lead Development team, you will balance receiving . Since 2011, KKR has awarded billions of dollars of total equity value to over 45,000 non-management employees across more than 25 companies. We believe every business deserves access to cloud-first, enterprise-grade security solutions that are easy to buy, deploy, and use. Barracuda jobs Humi jobs Ethoca jobs Flipp jobs Ontario Medical Association jobs City of Richmond Hill jobs Sofina Foods Inc. jobs . The cybersecurity vendor said its proposed purchase . Learn how Barracuda can help. 408-813-7762 Teamwork at Barracuda is the key to everything we do and why we succeed. Supported by our Lead . Ensure compliance with safe learning regulations. The company's filing status is listed as Active and its File Number is 6150972. 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. Available in PDF, EPUB and Kindle. 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. This price exceeds Barracudas 52-week high and represents a premium of 22.5 percent to the Companys 10-day average stock price prior toNov. 27, 2017, of$22.49. Past performance is not necessarily indicative of future results. Thoma invested in us and reset how we went to market, reset the back end to the cloud, and upgraded our portfolio. Guggenheim Securities, DBO Partners and Barclays served as financial advisors to KKR. Thoma Bravo invests with a particular focus on application and infrastructure software and technology enabled services. At Barracuda, we make the world a safer place. Spam, Malware, and Advanced Threat Protection, Email Encryption and Data Loss Prevention, Accelerate and secure cloud migrations with, Boost application performance and reduce costs with, Simplify and secure remote access by enabling Zero Trust for any device with, Secure your internet-connected devices with. This strategy is based on the belief that employee engagement is a key driver in building stronger companies. That includes education, government, financial services, health care, retail, consumer goods and manufacturing. We look forward to watching Barracudas continued success.. Rumors about Barracuda being up for sale have hit MSSP Alerts email inbox multiple times in recent weeks. 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.. 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. Click Next. NEW YORK & SAN FRANCISCO, April 12, 2022 -- ( BUSINESS WIRE )--KKR, a leading global investment firm, today announced the signing of a definitive agreement under which KKR's investment funds will. - 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. 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. Protect your business and users from ransomware attacks in three easy steps. "We believe that Barracuda is at the forefront of innovation in several highly strategic areas of the cybersecurity market and are excited to be the company's partner in the next phase of its growth.". The Edge DR Tech Sections Close Back Sections Featured Sections The Edge Dark Reading Technology. from 8 AM - 9 PM ET. We want to do it in a way that will be of advantage to all.. That compares to $352.6 million back in 2017, according to historic data from Barracuda. Vis Tox cheville expansion Barracuda 14 x 70 . KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. Barracuda Networks has been acquired by KKR, an investment outfit taking the company over from past owner Thoma Bravo. Founded in 2003, Barracuda offers a broad suite of cybersecurity solutions across email protection, application security, network security and data protection that can be deployed and managed in both cloud and hybrid environments. BARRACUDA ACQUISITIONCO, INC. is a Delaware Domestic Corporation filed on August 9, 2021. Founded in 2003, Barracuda offers a broad suite of cybersecurity solutions across email protection, application security, network security and data protection that can be deployed and managed in both cloud and hybrid environments. Barracuda values partnership. Magazine Premium created by c.bavota. [email protected], Craig Larson View the full release here: https://www.businesswire.com/news/home/20220412005856/en/. Simpson Thacher & Bartlett LLP is serving as legal counsel to KKR. Cautionary Statement Regarding Forward-Looking StatementsThis press release contains forward-looking statements, including, but not limited to, statements regarding the potential timing and benefits of a transaction, the value and effectiveness of Barracudas products, the introduction and timing of product enhancements or additional products, Barracudas growth, expansion and market leadership and the expected completion and timing of the acquisition transaction and other information relating to the transaction, that involve risks, uncertainties, assumptions and other factors which, if they do not materialize or prove correct, could cause the actual results to differ materially from those expressed or implied by such forward-looking statements. Brazil, Peru and Chile were less targeted. We are very appreciative of Thoma Bravos support and very excited to be working with KKR on this next phase of Barracudas journey.. Barracuda Email ProtectionComplete security that stops all 13 email threat types and protects Microsoft 365 data. 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. KKR has acquired Barracuda Networks from private equity firm Thoma Bravo. The companies didn't disclose terms of the deal, but sources familiar with it said that KKR would be paying nearly $4 . With this acquisition, Barracuda is providing distributed businesses a new way to modernize remote access, enforce global security and access policies and achieve seamless connectivity without . "We are very appreciative of Thoma Bravos support and very excited to be working with KKR on this next phase of Barracudas journey. View the full release here: https://www.businesswire.com/news/home/20220816005239/en/. KKR to Acquire Barracuda Networks The transaction is anticipated to close by the end of the year. Get WAF protection in minutes with our application security service. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. Barracuda Networks, Barracuda, and the Barracuda Networks logo are registered trademarks of Barracuda Networks, Inc. in the US and other countries. Financial terms were not disclosed. It has also made a series of acquisitions, including buying extended detection and response. "Thoma Bravo has an excellent history of investing in growing security businesses, and this transaction speaks to the value and strength of Barracuda's security platform, which helps customers protect and manage their networks, applications, and data. 2022 Kohlberg Kravis Roberts & Co. L.P. All Rights Reserved. Barracuda undertakes no intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Barracuda. Observed Seth Boro, a managing partner at Thoma Bravo: Over the course of Thoma Bravos four-year partnership, Barracuda has solidified its position as an industry leader in cloud-first cybersecurity software. Barracuda plans to buy Skout Cybersecurity to provide MSPs with the technology and manpower needed to respond more effectively to cyberthreats. Cautionary Statement Regarding Forward-Looking Statements This press release contains forward-looking statements, including, but not limited to, statements regarding the potential timing and benefits of a transaction, the value and effectiveness of Barracuda's products, the introduction and timing of product enhancements or additional products, Barracuda's growth, expansion and market leadership and the expected completion and timing of the acquisition transaction and other information relating to the transaction, that involve risks, uncertainties, assumptions and other factors which, if they do not materialize or prove correct, could cause the actual results to differ materially from those expressed or implied by such forward-looking statements.