Private equity firm Thoma Bravo has agreed to acquire Verint Systems in a $2 billion all-cash deal, valuing shares at $20.50 each, an 18% premium over Verint’s pre-announcement trading price. The acquisition is expected to close before the end of Verint’s fiscal year and continues Thoma Bravo’s aggressive investment strategy in enterprise software following its $12 billion purchase of Dayforce earlier this year. The deal positions the company for accelerated growth under private ownership.
At the conclusion of the transaction, Verint will be combined with Calabrio, another Thoma Bravo-owned company specializing in workforce engagement and analytics. Together, the two will form a stronger AI-driven customer experience (CX) automation powerhouse, uniting Verint’s contact center and customer engagement tools with Calabrio’s workforce optimization capabilities. The combined entity aims to deliver enhanced customer insights, automation, and efficiency, positioning itself as a leader in the evolving CX software market. Learn more at Yahoo Finance.