Thoma Bravo-Backed SailPoint’s IPO Raises $1.38 Billion
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 shares at the top of a marketed range.
Thoma Bravo-backed SailPoint goes public
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. The stock began trading on the Nasdaq on February 13, 2025 under the ticker symbol “SAIL.”
The Financial Times · 3h
Buyout group Thoma Bravo set for $4bn windfall after SailPoint IPO
Thoma Bravo used about $6bn of its investors’ cash to buy SailPoint. In December 2024, it invested a further $600mn to pay down SailPoint’s debt in an effort to increase the company’s appeal to shareholders. The deal raised Thoma Bravo’s overall equity investment to $6.6bn.
Cybersecurity firm SailPoint said on Tuesday it is now seeking a valuation of up to $12.57 billion in its U.S. initial public ...
Cybersecurity firm SailPoint Inc. has informed potential investors that its initial public offering (IPO) has garnered orders ...
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