Simpson Thacher & Bartlett is representing KKR & Co. in its agreement to buy cybersecurity company Barracuda Networks Inc. from private equity firm Thoma Bravo.
Kirkland & Ellis is advising Thomas Bravo and Campbell, California-based Barracuda on the transaction, which is expected to close by year’s end.
No financial terms were disclosed. Bloomberg News reported that the deal values Barracuda at about $3.8 billion, including debt, citing people familiar with the matter.
Under Thoma Bravo’s ownership, Barracuda expanded its product suite and made several strategic acquisitions, according to a statement.
KKR will provide resources and expertise to support the company’s ...
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