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Thoma Bravo Completes Acquisition of Everbridge

Thoma Bravo Completes Acquisition of Everbridge

Thoma Bravo, a leading software investment firm, today announced the completion of its acquisition of Everbridge, (“Everbridge” or the “Company”), a global leader in critical event management and national public warning solutions, in an all-c*** transaction valued at approximately $1.8 billion. The agreement to acquire Everbridge was approved by Everbridge stockholders at the Special Meeting of Stockholders held on April 25, 2024.

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“Everbridge has an incredibly strong foundation, with an expansive and innovative product portfolio that plays a critical role in the day-to-day operations of thousands of the world’s most well-respected organizations. We are confident that they can successfully build on that foundation and see tremendous growth potential ahead for the Company.”

With the completion of the transaction, Everbridge stockholders are entitled to receive $35.00 per share in c*** for each share of Everbridge common stock they owned. The Company’s common stock has ceased trading and will be delisted from Nasdaq.

“This is an exciting step forward for Everbridge and we are thrilled to begin our next chapter alongside Thoma Bravo,” said David Wagner, President and CEO of Everbridge. “We share a common vision for the future of Everbridge that we expect will see us strengthen and grow our platform, further enable product innovation and invest in our talented team. As part of Thoma Bravo, we believe we will be better able to advance our mission of helping our customers navigate an increasingly complex threat landscape and drive accretive, long-term growth for our company.”

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“We are looking forward to working with David and his team on their value-creating growth plans,” said Hudson Smith, Partner at Thoma Bravo. “Everbridge has an incredibly strong foundation, with an expansive and innovative product portfolio that plays a critical role in the day-to-day operations of thousands of the world’s most well-respected organizations. We are confident that they can successfully build on that foundation and see tremendous growth potential ahead for the Company.”

“In a fast-changing and increasingly complex world, Everbridge’s products and services are more relevant than ever for business leaders globally,” said Matt LoSardo, Principal at Thoma Bravo. “Thoma Bravo has deep expertise within the risk, compliance and safety space, and we are excited to leverage that to help Everbridge advance its mission, better serve its customers and accelerate its growth.”

Advisors

Qatalyst Partners served as financial advisor to Everbridge and Cooley LLP served as legal counsel to Everbridge. Raymond James served as financial advisor to Thoma Bravo and Kirkland & Ellis LLP served as legal counsel to Thoma Bravo.

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