Darktrace (DARK) Agrees Sale to Thoma Bravo for $5.32 Billion

UK cybersecurity company Darktrace Plc agreed to sell itself to private equity firm Thoma Bravo for an equity value of about $5.32 billion.

The deal will give Darktrace holders $7.75 in cash, or 620 pence per share, the companies said in a statement on Friday. That’s a 20% premium to the company’s closing share price on Thursday. Darktrace shares jumped 18% to 608.20 pence in London trading at 11:19 a.m. on Friday.