Software investment firm Thoma Bravo has successfully concluded the sale of cybersecurity provider Imperva to Thales in an all-cash transaction valued at approximately $3.6 billion.
Imperva specializes in safeguarding critical applications, APIs, and data, utilizing its industry-leading Web Application Firewall (WAF) to prevent attacks by analyzing web traffic. The Data Security platform enhances data visibility to prevent breaches and ensure compliance.
During Thoma Bravo’s four-year ownership, Imperva saw notable growth, introducing new offerings and expanding its platform to protect against sophisticated cyberattacks.
“It’s been a privilege working with Thoma Bravo, during which time we’ve significantly grown our business by introducing new offerings while modernizing and expanding our platform to help protect customers from some of the most sophisticated and complex cyberattacks in recent memory,” said Pam Murphy, chief executive officer of Imperva.
Chip Virnig, a partner at Thoma Bravo, said, “By applying our deep sector expertise in cybersecurity and our operational practices, we worked with Pam and the Imperva team to strengthen Imperva’s unique capabilities across these two increasingly critical segments of cybersecurity. We look forward to following Imperva’s continued success with Thales.”