A major private equity player just acquired the publicly traded Imperva for $2.1 billion — and there could be more acquisitions like it to come (IMPV)
|10/11/2018||Posted by BusinessMediaguide.Com under General World News||
- Imperva, a publicly-traded cybersecurity company, announced a deal on Wednesday to be taken private by the private equity firm Thoma Bravo.
- The deal values Imperva around $2.1 billion, a 28% premium on where the stock price closed on Tuesday.
- The acquisition is aligned with consolidation trends in cybersecurity, according to analyst Joel Fishbein, and there could be more to come.
Imperva’s stock soared nearly 30% on Wednesday — despite a major market sell off — following its announcement that the private equity firm Thoma Bravo has agreed to acquire the company for $55.75 a share, a 28% premium on its read more >>>