On the record · Other
Barracuda Networks
Thoma Bravo acquired Barracuda Networks, an email and network security company, for $1.6B in 2017. Sold to KKR in 2022 for $4B. During Thoma Bravo ownership, the company transitioned customers from perpetual licenses to subscriptions, raising costs for many SMBs.
Research depth
Transactions sourced
At least one recorded transaction has a public source.
Record updated Sept. 27, 2026
Current ownership
Current owner not established
This record does not identify a current owner. That absence is a gap in the record, not a conclusion about ownership.
1 ownership record has an unresolved current/former status.
Ownership and transaction history
Chronology from recorded ownership periods, transactions and reviewed outcome events. Event order does not imply causation.
Nov. 27, 2017
April 12, 2022
Acquisition announcedR2
Acquirer: KKR (Kohlberg Kravis Roberts) · Seller: Thoma Bravo · Sponsor: KKR (Kohlberg Kravis Roberts)
Recorded history
Date not recorded
Sources and evidence
Recorded transaction sources
These support a recorded transaction row. They have not passed the separate evidence-review process.
- R1Barracuda Agrees To Be Acquired By Thoma Bravo For $1.6 Billion | Thoma Bravo
Thoma Bravo · Company announcement · Retrieved Sept. 13, 2026
Supports: Recorded transaction
- R2KKR to Acquire Barracuda Networks | Thoma Bravo
Thoma Bravo · Company announcement · Retrieved Sept. 8, 2026
Supports: Recorded transaction
What we do not know
These are gaps in the public record, not findings about the organization.
- The organization's operating status has not been researched.
- No current public ownership assessment has been published.
Help improve this record
Firsthand experience, public sources and corrections can help close the gaps above.