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Fortune
Fortune
Ryan Hogg

FORGOTTEN HISTORY: Thoma bravo closes 5 3bn darktrace acquisition | History Defined

Darktrace Mike Lynch Poppy Gustafsson Thoma Bravo United States Autonomy Cybersecurity HPE London Stock Exchange Snap Inc
Jill Popelka Head of AR Enterprise Services (ARES) of Snap Inc. speaks onstage during the Snap Partner Summit 2023 at Barker Hangar on April 19, 2023 in Santa Monica, California. (Credit: Joe Scarnici/Getty Images for Snap, Inc.)

Thoma Bravo has completed its $5.3 billion acquisition of British cybersecurity group Darktrace, ending a tumultuous takeover rocked by the resignation of its CEO and the death of early backer Mike Lynch.

The private equity giant confirmed on Tuesday that it had agreed to buy Darktrace, taking the company off the London Stock Exchange in a take-private deal.

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