Exclusive - KKR nears $4 billion deal to buy Barracuda Networks from Thoma Bravo - sources

By Chibuike Oguh

– Buyout agency KKR & Co Inc is nearing a deal to accumulate information safety agency Barracuda Networks Inc from its personal fairness proprietor Thoma Bravo for roughly $4 billion, in response to folks conversant in the matter.

Barracuda, which manages information safety of its clients over the cloud on a subscription foundation, was taken personal by Thoma Bravo in 2017.

KKR declined to remark. Barracuda and Thoma Bravo didn't instantly reply to requests for remark.

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