Wednesday, October 1

Thoma Bravo to Acquire Verint in $2 Billion Deal, Expanding Software Portfolio

Thoma Bravo is set to acquire Verint

Thoma Bravo is set to acquire Verint, a major development that demonstrates the growing interest of private equity in software firms. This includes debt and is valued at about $2 billion. With this all-cash deal, Verint stockholders will get $20.50 per share, an average premium of about 4% over its pre-takeover negotiations value.

Based in Melville, New York, Verint Systems focuses on AI-driven customer engagement and analytics solutions. However, its stock price fell, making for a difficult year. by about 25% because of competitive pressures and reduced income. Verint’s stock first shot up in early trade after the news of the acquisition, but then leveled off, eventually falling somewhat 1–1.2% and settling at a trade price of $20.24.

Reuters claims the transaction values Verint’s equity at roughly $1.23 billion. With roughly $184 billion in assets under management, Thoma Bravo is quickly increasing its footprint in the software and technology sectors. Earlier in 2025, Thoma Bravo also agreed to buy Dayforce, a human resources software firm, for approximately $12 billion in yet another major deal.

Analysts note that Verint’s entry into Thoma Bravo’s portfolio might improve its focus on AI-enabled customer experience automation, a field where the private equity Firm already has a lot of knowledge. A Wedbush analyst, in this statement, said, “We believe this was a strategic move for both entities as these organizations are closely aligned in terms of customer experience automation that leverages data and AI, with Thoma Bravo already heavily invested in this market.” 

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According to Verint’s Wikipedia entry (last updated in August 2025), Thoma Bravo plans to combine Verint with Calabrio, another AI-focused customer experience software firm bought in 2021. This calculated approach might help to build a more powerful, unified platform for automating client processes. Though a definite closing date has yet to be revealed, the deal is expected to be finished before Verint’s present fiscal year.