Verint, a Nasdaq-listed firm specialising in buyer expertise (CX) automation, agreed to be acquired by Thoma Bravo for $2bn in an all-cash deal.
Below the settlement, Verint shareholders will obtain $20.5 per share. This represents an 18% premium over its ten-day quantity weighted common share value as of 25 June 2025, the final buying and selling day earlier than media studies concerning the potential deal surfaced.
Verint CEO and chairman Dan Bodner stated: “Thoma Bravo’s funding is a testomony to our CX automation class management. Main manufacturers all over the world are reporting robust AI enterprise outcomes with the Verint CX Automation Platform.
“We’re making good progress in delivering AI-powered options to an early stage CX Automation market, and we not too long ago introduced that our AI annual recurring income (ARR) now represents 50% of our whole ARR.”
The acquisition will facilitate a merger between Verint and Calabrio, one other Thoma Bravo-owned firm that specialises in CX intelligence. The intention is to create a number one supplier of CX automation options in a market valued at greater than $50bn, in response to Thoma Bravo.
The merger is anticipated to supply complete merchandise to enhance enterprise outcomes in buyer interactions. Calabrio has said its dedication to proceed supporting its present merchandise and buyer workflows.
Verint’s platform is claimed to serve over 80 corporations from the Fortune 100 listing, providing AI-powered options aimed toward enhancing CX automation. Calabrio supplies instruments for optimising buyer interactions by AI-driven analytics and workforce administration.
Thoma Bravo companion Mike Hoffmann stated: “We’ve got been lively within the CX house for a few years and are excited to carry these two corporations collectively to steer extra innovation and progress within the class.
“Calabrio and Verint each have highly effective product portfolios and go-to-market methods that cowl the wants of a large spectrum of the market. Collectively, the mixed firm may have the trade’s broadest CX platform, enabling manufacturers of all sizes to drive transformative, AI-driven outcomes.”
Approval from Verint’s board of administrators for the deal was unanimous, and the transaction is anticipated to conclude in early 2026. That is contingent upon shareholder approval and regulatory clearances.
A Thoma Bravo-controlled entity will conduct the merger through a reverse-triangular course of, which doesn’t require financing situations. Some Verint shareholders have agreed to vote in favour of the acquisition, holding roughly 14.5% of the voting energy.
As soon as the deal is accomplished, Verint shall be delisted from public inventory exchanges. The corporate additionally plans to droop quarterly earnings calls and won’t present monetary steering shifting ahead.
