Verint to be Acquired by Thoma Bravo for $2 Billion in All-Cash Deal

Verint Systems will be acquired by Thoma Bravo in an all-cash deal worth $2 billion. The acquisition price of $20.50 per share represents an 18% premium to the 10-day average price before reports of a potential sale. The transaction is expected to close in the first half of 2023, subject to regulatory approvals and other customary closing conditions.

Thoma Bravo, a prominent private equity firm, has agreed to acquire Verint Systems in an all-cash deal valued at approximately $2 billion. The acquisition, announced on August 25, 2025, is expected to close in the first half of 2023, subject to regulatory approvals and other customary closing conditions. The deal represents a significant milestone for Verint Systems, a leading provider of call center software, and could reshape its strategic direction as a call center software leader.

The acquisition price of $20.50 per share represents an 18% premium to the 10-day average price before reports of a potential sale. Verint Systems shareholders will receive $20.50 in cash per share, totaling an equity deal value of approximately $1.23 billion. The deal is expected to close before the end of Verint's current fiscal year [3].

Verint Systems has experienced a 38% decline in its share price over the past year but managed to exceed revenue expectations in the first quarter of 2025. The company's software is seen to benefit from the rapid adoption of artificial intelligence by customers, which could drive higher demand for its AI-powered customer interaction solutions [2].

Thoma Bravo, with about $184 billion in assets under management as of March 31, 2025, is among the largest software-focused investors globally. The firm has acquired or invested in more than 530 software and technology companies, including the recent acquisition of Dayforce for $12.3 billion [3].

The acquisition of Verint Systems is part of Thoma Bravo's strategy to invest in customer experience automation and AI technologies. The deal could enhance Verint's market positioning and provide opportunities for growth and innovation. Verint Systems, with a market value of approximately $1.2 billion, has been listed on the Nasdaq since 2002 [2].

The acquisition comes amidst a broader market sentiment that has shown signs of a tech rally losing steam, which could be influencing investor decisions regarding Verint Systems. The broader market sentiment, coupled with the potential acquisition, is likely contributing to the current volatility in the company's stock price [1].

The integration of Verint Systems and Thoma Bravo's portfolio of customer experience automation solutions is expected to create a leading provider of customer experience automation solutions to the $50 billion market. The deal is subject to regulatory approvals and other customary closing conditions, with the transaction expected to close before the end of Verint's current fiscal year [4].

References:
[1] https://www.ainvest.com/news/verint-systems-drops-1-42-acquisition-rumors-2508/
[2] https://www.techzine.eu/news/applications/134031/thoma-bravo-nears-acquisition-of-call-center-player-verint-systems/
[3] https://www.reuters.com/en/thoma-bravo-buy-verint-2-billion-deal-software-acquisitions-ramp-up-2025-08-25/
[4] https://investorempires.com/thoma-bravo-confirms-2b-acquisition-of-verint/