Talent Acquisition Specialist jobs 2,414 open jobs Director of Education jobs 1,408 open jobs Estate Manager jobs 1,098 open jobs . Complete security that stops all 13 email threat types and protects Microsoft 365 data. How exactly this will roll out at Barracuda is less certain, as employee ownership does not take a one size fits all approach across the KKR portfolio. Barracuda anticipates that subsequent events and developments will cause its views to change. "We are very appreciative of Thoma Bravos support and very excited to be working with KKR on this next phase of Barracudas journey. Barracuda Networks: Larger MSP Software Ambitions. 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. Barracudas are found in all warm and tropical regions; some also range into more temperate areas. | Zdnet We protect email, networks, data, and applications with innovative solutions that grow and adapt with our customers' journey. Barracuda Email ProtectionComplete security that stops all 13 email threat types and protects Microsoft 365 data. 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. "From multiple acquisitions to backend improvements, Barracuda has delivered tremendous value to its customers and partners. That compares to $352.6 million back in 2017, according to historic data from Barracuda. Shareholders to Receive $27.55 per Share in Cash. 2022 Kohlberg Kravis Roberts & Co. L.P. All Rights Reserved. BARRACUDA ACQUISITIONCO, INC. is a Delaware Domestic Corporation filed on August 9, 2021. Barracuda expands zero trust play with Fyde acquisition - ARN Thoma Bravo acquired Barracuda in 2018 in a $1.6 billion cash deal. CAMPBELL, Calif., Feb. 12, 2018 /PRNewswire/ -- Thoma Bravo, LLC., a leading private equity investment firm, today announced that it has completed. Register for a free trial. | Barracuda Networks Thoma Bravo Job ID: 23-831. 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. What Managed Workplace's acquisition means for MSPs - Smarter MSP 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. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKRs website at www.kkr.com and on Twitter @KKR_Co. KKR has acquired Barracuda Networks from private equity firm Thoma Bravo. barracuda, any of about 20 species of predacious fishes of the family Sphyraenidae (order Perciformes). KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. Deploy simple and scalable security with no software or hardware to install. Envision yourself at Barracuda! Barracuda is the digital marketing agency that can help you surface real value We're a London based digital marketing agency Based out of Waterloo in London, we're an independent digital marketing agency all about delivering value to our clients. Over the past 20 years, the firm has acquired or invested in more than 375 companies representing over $190 billion in enterprise value. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. When we were acquired by Thoma Bravo, we were a public company, but we had no ability to transform ourselves. Protect patient data and avoid disruptions that could affect patient care. Thoma Bravo has an excellent history of investing in growing security businesses, and this transaction speaks to the value and strength of Barracudas security platform, which helps customers protect and manage their networks, applications, and data. Barracuda Networks, Inc. Territory Manager Job in Alpharetta, GA Barracuda acquires Skout Cybersecurity to enter the XDR market The forward-looking statements included in this press release represent Barracuda's views as of the date of this press release. KKRs insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. Barracuda execs say that the BitLeap acquisition fits into the company's existing business model and SMB target market segment as it continues its current expansion into the storage arena . Information about the Company's directors and executive officers and their ownership of Company Common Stock is set forth in the proxy statement on Schedule 14A filed with the SEC on June 28, 2017 and the Annual Report on Forms 10-K for the fiscal year ended February 28, 2017. We want to do it in a way that will be of advantage to all.. 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. Barracuda Networks acquires Palo Alto-based Fyde, rolls out cloud We believe that with the support of KKR, we will continue to invest in growth and foster a culture that gives our team the resources and inspiration to continue to create and deliver the next generation of leading cybersecurity solutions for our customers and partners, said Hatem Naguib, CEO of Barracuda. KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. 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. To get growth, you have to invest.. "Were grateful to Thoma Bravo for their valuable strategic and operational support over the last four years.". [] Security business Barracuda Networks acquired for $1.6 billion. Still, this isn't just about about RMM software and an anti-virus partnership. 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. The Registered Agent on file for this company is Corporation Service Company and is located at 251 Little Falls Drive, Wilmington, DE 19808. Hatem Naguib, CEO of Barracuda. For more information, visit www.barracuda.com. Concluded Chip Virnig, a partner at Thoma Bravo: 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. We will continue Barracudas tradition of delivering easy-to-use, full-featured solutions that can be deployed in the way that makes sense for our customers, said BJ Jenkins, chief executive officer of Barracuda. 212-731-4778, Nicky Bryan At Barracuda we strive to make the world a safer place. From multiple acquisitions to backend improvements, Barracuda has delivered tremendous value to its customers and partners., 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 press release features multimedia. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKRs website at www.kkr.com and on Twitter @KKR_Co. Required fields are marked *. Hello, everyone, and welcome to Zoom's Q4 FY '23 Earnings Release Webinar. The proposed transaction is expected to close before Barracuda's fiscal year end of Feb. 28, 2018, and is subject to approval by Barracuda's shareholders and regulatory authorities, and the satisfaction of other customary closing conditions. Financial services are a prime target for cyber attacks. Get SaaS backup for your Microsoft 365 data with unlimited storage. Security business Barracuda Networks acquired for $1.6 billion Palo Alto Networks -and- Barracuda Firewalls w/Service Agreements Barracuda shareholders of record will receive$27.55in cash for each share of Barracuda common stock they hold. Facebook. All Rights Reserved. Fill out this form to get a full-featured version of Barracuda Cloud-to-Cloud Backup free for 14 days. How to Install the Barracuda Network Access/VPN Client for Windows The firm invests in growth-oriented, innovative companies operating in the software and technology sectors. Supported by our Lead . The Barracuda acquisition is expected to close by the end of 2022, KKR indicated. We are seeking talented, motivated sales performers who thrive in quick sales cycle environment. For more information, visit barracuda.com. Get security and networking solutions that are deployed natively in Microsoft Azure. The firm has offices in Chicago, Miami and San Francisco. On 11February . This price exceeds Barracuda's 52-week high and represents a premium of 22.5 percent to the Company's 10-day average stock price prior to Nov. 27, 2017, of $22.49. Thoma Bravo invests with a particular focus on application and infrastructure software and technology enabled services. Closer Jobs, Employment in Candlewyck, NJ | Indeed.com Supported by our Lead Development team, you will balance receiving . Multiple KKR, Barracuda and Thoma Bravo sources offered prepared statements on the deal. Browse our security and network solutions designed specifically for AWS. Simpson Thacher & Bartlett LLP is serving as legal counsel to KKR. KKRs insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. Practice Manager - Log Home Dental & Caledon East Dentistry Barracudas Board of Directors unanimously approved the agreement, and believes the transaction maximizes shareholder value. Guggenheim Securities, DBO Partners and Barclays are serving as financial advisors to KKR. As you may have heard, Barracuda has acquired the Managed Workplace remote monitoring and management product line from Avast. The Edge DR Tech Sections Close Back Sections Featured Sections The Edge Dark Reading Technology. Information about the Companys directors and executive officers and their ownership of Company Common Stock is set forth in the proxy statement on Schedule 14A filed with the SEC onJune 28, 2017and the Annual Report on Forms 10-K for the fiscal year endedFebruary 28, 2017. While Thoma helped Barracuda transform into a modern cloud company, KRR is expected to support an aggressive expansion strategy which will benefit both the company and its channel partners. Barracuda Closes Acquisition of SKOUT Cybersecurity 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. Barracuda Networks, Inc. , a trusted partner and leading provider of cloud-enabled security solutions, today announced it has completed its acquisition of SKOUT Cybersecurity, a Melville, NY -based leader in cyber-as-a-service software for Managed Service Providers (MSPs) and provider of an extended detection and response (XDR) platform and