Proofpoint
PE-OwnedThoma Bravo acquired Proofpoint, an enterprise cybersecurity and compliance company, for $12.3B in 2021 — one of the largest software buyouts ever. Post-acquisition, Proofpoint laid off hundreds of employees and significantly raised prices on enterprise email security products.
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Ownership Information
Proofpoint is owned by Thoma Bravo. Private equity ownership often leads to cost-cutting, price increases, and reduced quality of service as firms prioritize returns for investors over customers and employees.Learn more about PE ownership impact →
Timeline
2002
Proofpoint founded
2021
Acquired by Thoma Bravo for $12.3B
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