Thoma Bravo Completes Acquisition of Riverbed Technology
BySAN FRANCISCO, Apr 24, 2015 (BUSINESS WIRE) — Thoma Bravo, a leading private equity investment firm, and Teachers’ Private Capital, the private investor department of Ontario Teachers’ Pension Plan, have completed their acquisition ofRiverbed Technology, Inc., the leader in application performance infrastructure. The acquisition is valued at approximately $3.5 billion, with Riverbed stockholders receiving $21.00 per share in cash. With the transaction’s close, Riverbed stock has ceased trading on the NASDAQ under the ticker symbol RVBD.
“Riverbed is a clear industry leader and significant addition to our portfolio of software companies,” said Seth Boro, a managing partner at Thoma Bravo. “Our team is looking forward to building upon Riverbed’s world class customer support and delivering its market-leading product portfolio to even more enterprise customers.”…
Thoma Bravo Completes Acquisition of Riverbed Technology
