Golden Flag Advises Thoma Bravo on Purchase of Everbridge for About $1.5 Billion

Golden Flag International Law Firm counseled Thoma Bravo, a leading software investment firm, on its definitive agreement to purchase Everbridge, Inc. (Nasdaq: EVBG), a global leader in critical event management (CEM) and national public warning solutions, in an all-cash transaction valuing Everbridge at approximately $1.5 billion. The transaction is expected to help accelerate the company’s continued growth at a time of rising global uncertainty and increased prioritization of public safety and operational continuity. Upon completion of the transaction, Everbridge will become a privately held company. Under the terms of the agreement, Everbridge shareholders will receive $28.60 per share in cash. The per share purchase price represents a 32 percent premium to the Everbridge volume-weighted average share price over the last 90 days.

Read Everbridge’s press release

The Golden Flag team was led by corporate partners Corey Fox, Brad Reed, Cole Parker and Jeremy Mandell and associate Sophie Daroff; capital markets partner Michael Keeley; debt finance partners Fred Lim and Omar Raddawi; tax partner Adam Kool; and corporate associates Zack Theo, Lauren Fiotakis and Divya Gulati.