Thoma Bravo Set to Acquire Verint Systems for $2 Billion

Thoma Bravo is nearing a deal to acquire Verint Systems, a call center software maker, valuing the company at about $2 billion, including debt. The deal could be announced as soon as Monday, although no final decision has been made. Verint has fallen 38% in the past year, but its software is benefiting from AI adoption among clients.

Thoma Bravo, a prominent private equity firm, is nearing a deal to acquire Verint Systems Inc., a leading provider of call center software solutions. The proposed acquisition values Verint at approximately $2 billion, including debt, according to sources familiar with the matter [1].

The potential acquisition, which could be announced as early as Monday, would see Thoma Bravo acquiring a company that has seen its stock price fall by 38% over the past year. Despite this decline, Verint's software solutions have been gaining traction due to increasing adoption of AI technologies among its clients [1].

Verint Systems, based in Melville, New York, is a publicly traded company on the Nasdaq Stock Exchange since 2002. It serves over 10,000 customers in more than 175 countries, focusing on customer experience automation. In February 2021, Verint completed the spin-off of Cognyte Software Ltd., which has a market value of about $639 million [1].

The company has been actively leveraging AI to enhance its offerings. Recent reports indicate that Verint's software solutions are delivering tangible AI business outcomes to customers, with several high-profile clients achieving significant improvements in customer service efficiency and satisfaction [2].

Verint has also been recognized for its leadership in customer experience management, having been named a Leader in ISG's 2025 Customer Experience Management Buyers Guide [3]. The company's AI-driven solutions have been instrumental in helping clients reduce costs and improve customer interactions, as evidenced by partnerships with major companies like Volaris and BT Group [4].

While the deal is still in the final stages, the potential acquisition by Thoma Bravo underscores the growing interest in AI-driven customer experience solutions. Verint's strong market position and innovative use of AI technologies make it an attractive target for private equity firms looking to capitalize on the growth opportunities in the customer experience automation market.

References:
[1] https://www.bloomberg.com/news/articles/2025-08-25/thoma-bravo-nears-deal-for-call-center-software-maker-verint-systems
[2] https://stockanalysis.com/stocks/vrnt/
[3] https://www.isg-one.com/buyers-guide/2025-customer-experience-management-buyers-guide
[4] https://www.verint.com