Deals

Crossbeam Systems acquired by Thoma Bravo
Date: 
Friday, November 9, 2012
Location: 
Boxborough, MA
Deal Type: 
Acquisition

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
offerings.”

60 day posting for only $99