Thoma Bravo Increases Bid for Software Giant Everbridge

Thoma Bravo recently announced an increase in its acquisition offer for Everbridge, a key player in the software industry.

This revised bid adds $6.40 to each share, valuing Everbridge at approximately $1.8 billion.

According to the new terms, Everbridge shareholders are set to receive $35 per share, a generous uplift of 47% compared to the stock’s price prior to the initial acquisition news.