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Proofpoint will be privately held by private equity firm Thoma Bravo and will not have an independent board of directors. He researches and reports on 2,615 IT security vendors. Ellie Mae lays off 10% of its staff after recent acquisition Everyone I knew was just recruiting all the time. Consequences of material differences in results as compared with those anticipated in the forward-looking statements could include, among other things, business disruption, operational problems, financial loss, legal liability to third parties and similar risks, any of which could have a material adverse effect on Proofpoints financial condition, results of operations, or liquidity. Proofpoint Proofpoint also disclosed Q1 2021 financial results today. There was a big culture change that did come with a focus on just saving money everywhere. Reduce risk, control costs and improve data visibility to ensure compliance. Browse our webinar library to learn about the latest threats, trends and issues in cybersecurity. Proofpoint Announces Expiration of "Go-Shop" Period The US buyout. As part of its rapid and successful transition to operating as a private company under Thoma Bravo, L.P. ownership, Proofpoint also announced an accelerated plan to hire over 600 people in 2022 . 359 questions people are asking about thoma bravo - AnswerThePublic With a market capitalization of $7.5 billion, it was trading at a bit over 7x revenue. Leading organizations of all sizes, including more than half of the Fortune 1000, rely on Proofpoint for people-centric security and compliance solutions that mitigate their most critical risks across email, the cloud, social media, and the web. Anaplan, Go to company page How were *unvested* RSUs handled? Chicago-based private equity firm Thoma Bravo makes a business out of buying companies but what does it mean for acquired brands after the deal gets finalized? SUNNYVALE, Calif. and SAN FRANCISCOThoma Bravo, a leading software investment firm, and Proofpoint, Inc. (Proofpoint), a leading cybersecurity and compliance company, today announced the completion of Thoma Bravos acquisition of Proofpoint for approximately $12.3 billion in cash. The Thoma Bravo-Proofpoint deal will be the largest acquisition in cybersecurity history, beating out Broadcom's $10.7 billion purchase of Symantec in August 2019, Intel's $7.6 billion buy of . Is bonus performance based or based on ebidta. Prevent data loss via negligent, compromised and malicious insiders by correlating content, behavior and threats. People may receive compensation for some links to products and services on this website. Thoma Bravo Proofpoint Layoffs Save my name, email, and website in this browser for the next time I comment. Thoma Bravo UK LLP is an Appointed Representative of Sapia Partners LLP which is regulated and authorised by the Financial Conduct Authority (FCA). Proofpoint Engaged Employer Overview 767 Reviews 160 Jobs 868 Salaries 249 Interviews 272 Benefits 37 Photos 268 Diversity + Add a Review Proofpoint Reviews Updated Feb 28, 2023 Find Reviews Clear All Full-time, Part-time English Filter Found 700 of over 768 Sort Popular Popular COVID-19 Related Highest Rating Lowest Rating Most Recent Oldest First Todays cyber attacks target people. I recorded them in Security Yearbook 2021. Thoma Bravo to Buy Proofpoint for $12.3 Billion - BankInfoSecurity