SailPoint Technologies Holdings, Inc., the pioneer in enterprise identity security, announced that it has entered into a definitive agreement to be acquired by Thoma Bravo, a software investment firm, in an all-cash transaction that values SailPoint at approximately $6.9 billion.
Subject to the terms of the Agreement, SailPoint stockholders will receive $65.25 per share in cash, representing a premium of 48% to SailPoint’s 90-day volume-weighted average price (VWAP).
