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Proofpoint’s $12.3B Sale is Biggest Private-equity Cloud Deal

Thoma Bravo’s $12.3 billion purchase of security service vendor Proofpoint has become the largest cloud acquisition yet by a private equity firm. So reports CNBC.

dollar 3706548 640 smallThe previous leader was the $11 billion buyout of Ultimate Software in 2019 by an investor consortium headed by Hellman & Friedman.

The Proofpoint deal closed just days after Thoma Bravo wrapped up what was previously its biggest cloud deal, the $10.2 billion acquisition of real estate service provider RealPage.

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