All forward-looking statements speak only as of the date they are made. The Managed Workplace acquisition is part of a larger MSP-centric partner strategy that extends all the from Barracuda CEO BJ Jenkins' office to the company's boardroom, ChannelE2E believes. Your email address will not be published. In todays deal announcement, neither KKR nor Barracuda mentioned Barracudas long-established MSP partner strategy. The SKOUT acquisition last year, which added a SOC and XDR capability, was a particularly great acquisition. Barracuda expands zero trust play with Fyde acquisition - ARN This site uses cookies to provide you with a more responsive and personalized service. Barracuda's customer-centric business model focuses on delivering high-value, subscription-based IT solutions that provide end-to-end network and data protection. Barracuda completes acquisition of SKOUT Cybersecurity Thoma Bravo acquired Barracuda in 2018 in a $1.6 billion cash deal. At Barracuda we strive to make the world a safer place. This strategy is based on the belief that employee engagement is a key driver in building stronger companies. We believe every business deserves access to cloud-first, enterprise-grade security solutions that are easy to buy, deploy, and use. Barracuda has exchanged one private equity owner for another. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. Barracuda focuses on serving SMEs and has more than 200,000 customers worldwide across a variety of industries. Financial terms were not disclosed. Outside US: +1 (212) 230-9410 Barracuda Networks, Inc. Territory Manager Job in Reading, England Thoma Bravo Completes Acquisition of Barracuda Get started in minutes. We believe the proposed transaction offers an opportunity for us to accelerate our growth with our industry-leading security platform thats purpose-built for highly distributed, diverse cloud and hybrid environments. from 8 AM - 9 PM ET. NEW YORK & SAN FRANCISCO, August 16, 2022--(BUSINESS WIRE)--KKR, a leading global investment firm, and Barracuda Networks, Inc. ("Barracuda" or the "Company") a leading provider of cloud-first security solutions, today announced that KKRs investment funds have completed an acquisition of Barracuda from Thoma Bravo, a leading software investment firm. Barracuda Completes Acquisition of SKOUT Cybersecurity These powerful, easy-to-use and affordable solutions are trusted by more than 150,000 organizations worldwide and are delivered in appliance, virtual appliance, cloud and hybrid deployment configurations. Its the same company, he said. At Barracuda, we make the world a safer place. This press release features multimedia. References to KKRs investments may include the activities of its sponsored funds and insurance subsidiaries. Founded in 2003, Barracuda offers a broad suite of cybersecurity solutions across email protection, application security, network security and data protection that can be deployed and managed in both cloud and hybrid environments.