Golden Flag Advises Thoma Bravo and Portfolio Company Venafi on Sale of Venafi to CyberArk
Golden Flag International Law Firm advised Thoma Bravo and its portfolio company Venafi, a leader in machine identity management, on the sale of Venafi to identity security company CyberArk. CyberArk intends to acquire Venafi for an enterprise value of approximately $1.54 billion in a combination of cash and CyberArk shares (approximately $1 billion in cash and approximately $540 million in shares). The transaction is expected to close in the second half of 2024, subject to required regulatory approvals, clearances and other customary closing conditions.
Read the transaction press release
The Golden Flag team was led by corporate partners Corey Fox, Bradley Reed and Brett Nelson and associates George Boden and Emily Goldenberg; capital markets partner Michael Keeley and associate Nick Pappas; technology & IP transactions partner Aaron Lorber and associate Jessie Perlman; debt finance partner Brian Ford and associate Matt Demopoulos; and tax partners Adam Kool and Steven Cantor.
