Verint Systems to be Acquired by Thoma Bravo in a $2 Billion Cash Deal

Verint Systems Inc. (VRNT) entered a merger agreement on August 25, 2025, to be acquired by Thoma Bravo in an all-cash deal valued at $2 billion.

Deal Structure:

Verint common shareholders will receive $20.50 per share in cash, representing a premium of 0.15% from the stock’s last close.

Company Profile:

Verint Systems is a provider of customer experience (CX) automation, providing an AI-powered open platform that helps leading brands enhance customer engagement and deliver measurable business outcomes.

Thoma Bravo is a software-focused investment firm with $184 billion in assets under management, investing in innovative technology companies through private equity, growth equity, and credit strategies.

Deal Details and Timeline:

In July, Bloomberg reported that Thoma Bravo was in talks to acquire Verint Systems. The stock was trading at $18.59 before the report came out.

The deal is expected to close before the end of Verint’s current fiscal year in January 2026.

Verint Systems was advised by Jefferies as financial advisor and Jones Day as legal counsel, while Thoma Bravo was advised by Perella Weinberg Partners on financial matters and Kirkland & Ellis on legal matters.

The acquisition price set by Thoma Bravo reflects 16.15 times the EBITDA of Verint Systems.

Deal Metrics:

For a more comprehensive understanding of this merger and acquisition transaction, please refer to the Deal Metrics page here:

Deal Metrics for the acquisition of Verint Systems Inc. (VRNT) by Thoma Bravo

The Deal Metrics page for each merger or acquisition includes:

• A spread history chart of the merger from its announcement to completion or failure.
• A timeline of every event as the merger progresses through the expiration of the HSR period, regulatory approvals, shareholder votes, etc.
• News and SEC filings related to the merger.
• A history of deal updates.
• And much more detailed information.

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Editor’s Note: Baranjot Kaur contributed to this article