Luke Bidco LImited, the UK based holding company of Thoma Bravo, the US based private equity firm, has launched an all-cash acquisition offer for the entire issued, and to be issued, ordinary share capital of Darktrace PLC, the UK based artificial intelligence (AI) company for cyber defense that develops security solution for organizations to detect emerging cyber-threats and defend them against cyber-attacks. The acquisition based on offer of GBP 6.2 per share values Darktrace at around GBP 4.25bn on a fully diluted basis and implies an enterprise value of approximately GBP 4bn.
- Target – Darktrace PLC
- Buyer – Luke Bidco limited
- Seller – Vitruvian Partners limited
- Seller – Balderton Capital LTD
- Seller – Kohlberg Kravis Roberts & Co (kkr)
- Seller – Ten Eleven ventures
- Seller – Investment Insight Partners LTD
- Seller – Summit Partners LLP
- Seller – Sb Isat fund
- Seller – Invoke Capital Holdings limited
- Seller – Talis Capital limited
- Seller – Hoxton Ventures LLP
