Thoma Bravo Closes a $12.3bn Acquisition of Proofpoint

Thoma Bravo Closes a $12.3bn Acquisition of Proofpoint

Private equity firm Thoma Bravo completed its $12.3bn acquisition of Proofpoint more than one month after the cybersecurity company’s shareholders approved the all-cash transaction. Proofpoint said Tuesday the deal completion signaled its transition from a publicly...
Berlin Brands Group raises $700m as Bain takes stake

Berlin Brands Group raises $700m as Bain takes stake

U.S. private equity firm Bain has taken a minority stake in Berlin Brands Group (BBG) as part of a $700m financing deal, which means the German e-commerce company joins the ranks of “unicorn” start-ups valued at $1bn or more. The Berlin-based company, which owns...