Thematic: software SUBSCRIBE
 
  back to the issue
PLATFORM  |  CYBERSECURITY
AUGUST 19, 2026
Thoma Bravo in talks to recapitalize Sophos
TARGET
Sophos
Endpoint, network, email, and cloud cybersecurity software plus managed detection and response (MDR) services sold to businesses of all sizes worldwide.
Revenue$1B+ ARR (recurring)
OwnershipPE-backed
InvestorsThoma Bravo
Headcount~5,000 FTEs
HeadquartersAbingdon, United Kingdom
Sell-side advisorJ.P. Morgan Cazenove; Lazard; UBS AG London Branch
ACQUIRER
Thoma Bravo
StatusIn talks
Ownership
Buy-side advisorGoldman Sachs
Spotted an error or advised on this transaction? Claim credit or send a correction
MORE IN CYBERSECURITY
Brinqa acquires PlexTrac
Pentest reporting, offensive security validation, and vulnerability workflow software for penetration testers, security consultants, and enterprise security teams
Integrity Growth Partners invests in Prevalent AI
$22M Invested — Security data fabric and knowledge graph platform that cleans, connects, and contextualizes fragmented enterprise data for security teams and AI agents at global banks, telecoms, insurers, and critical infrastructure operators
Cisco acquires Splunk
$28B Equity Value — SIEM, security analytics, and observability platform enabling enterprises and government agencies to ingest machine data for threat detection, incident investigation, and IT monitoring
Fortinet acquires Virtue AI
AI runtime protection and automated red-teaming software for enterprise AI models, applications, and autonomous agents, sold to enterprises deploying generative AI at scale
Systematic Growth acquires 4Secure
Cross-domain and secure data transfer software (TrustedFilter®) for defence, government, and critical national infrastructure organisations requiring secure inter-network data exchange
Cribl acquires Radiant Security
AI-native SOC automation software that autonomously triages, investigates, and resolves security alerts for enterprise security operations center teams
Browse the full register
 
Thematic: software PAST ISSUES   CONTACT
© 2026 Thematic   |  Privacy Policy   |  Terms of Service
Thematic is a news publication, not an investment adviser. Nothing here is investment advice or a recommendation to buy or sell any security. Researched and compiled by Thematic; accuracy and completeness are not guaranteed.