SailPoint Inc. and a group of shareholders including its main backer, Thoma Bravo, raised $1.38 billion in an enlarged initial public offering for the enterprise security software company, pricing ...

SailPoint was valued at $12.8 billion after its shares debuted in line with their offer price on Thursday, marking a tepid return to the stock market for the Thoma Bravo-backed identity security ...

SailPoint Inc. and its shareholders, including main backer Thoma Bravo, lifted their price range for the security software company’s initial public offering, seeking to raise as much as $1.15 ...

Thoma Bravo exited its position in SailPoint by the end of 2018. SailPoint traded on the New York Stock Exchange from 2017 until 2022, when Thoma Bravo reacquired it in a $6.9 billion deal.

Thoma Bravo took the New York Stock Exchange-listed company private in 2022 in a $6.9 billion transaction. The company’s annual recurring revenue approached $600 million, it said in September 2023.

Private equity firm Thoma Bravo bought SailPoint for $6.12 billion in 2022, taking it off public markets roughly five years after the company listed in the U.S.

SailPoint, which is backed by Thoma Bravo, has gone public after pricing its 60 million shares at $23 per share. SailPoint is an Austin-based cybersecurity firm.

SailPoint and its private equity parent Thoma Bravo said Tuesday they plan to offer 50 million shares of the company priced ...

Thoma Bravo paid $6.9bn for SailPoint in April 2022, about 15 times annual sales for a company that was barely profitable at the time. Fears about the deal’s lofty valuation were accentuated by ...

(Reuters) -SailPoint was valued at $12.8 billion after its shares debuted in line with their offer price on Thursday, marking a tepid return to the stock market for the Thoma Bravo-backed identity ...

Thoma Bravo exited its position in SailPoint by the end of 2018. SailPoint traded on the New York Stock Exchange from 2017 until 2022, when Thoma Bravo reacquired it in a $6.9 billion deal.