Published: November 09, 2012
Thoma Bravo Acquires Crossbeam Systems, Inc.
SAN FRANCISCO - (BUSINESS WIRE) - Thoma
Bravo, LLC, a leading private equity investment firm, has acquired Crossbeam
Systems, Inc., a global network security solutions leader. Financial
details were not disclosed. Crossbeam's current senior management team
will continue to manage the company.
"Crossbeam is in a stronger-than-ever position to strengthen and expand
our customer solutions," said Mike Ruffolo, president and CEO of
Crossbeam. "Thoma Bravo's support and expertise in the software and
technology industries will allow us to pursue new products and services
through strategic initiatives and potential acquisitions to enhance our
"Mike and his team have built a first-class network security company
with a proven track record and are uniquely positioned to lead the
industry," said Seth Boro, partner at Thoma Bravo. "We look forward to
working with Crossbeam's management to build off of that reputation and
help them accelerate their growth through the buy and build strategy we
have followed successfully many times before."
To read the complete release at NewsBlaze,
Thoma Bravo Acquires Crossbeam Systems, Inc.,
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