Agreement signedPublished 15 Oct 2026

Proofpoint /
Varonis

Thoma Bravo's Proofpoint agrees to buy Varonis for about $6.3 billion

Buy side: Proofpoint
Buy sideProofpoint
Target: Varonis
TargetVaronis
Varonis Systems, Inc. (SEC Form 8-K Exhibit 99.1) · 15 Oct 2026Source
Buy side: Proofpoint
Buy sideProofpoint
Target: Varonis
TargetVaronis
01 / BuyerProofpoint
02 / TargetVaronis
Source for the buyer and target: Varonis Systems, Inc. (SEC Form 8-K Exhibit 99.1)

For the buyer and target.

“MIAMI, FL and SUNNYVALE, CA – October 15, 2026 – Varonis Systems, Inc. (Nasdaq: VRNS) (“Varonis”), the data and AI security leader, and Proofpoint, Inc. (“Proofpoint”), a global leader in human and agent cybersecurity, today announced entrance into a definitive agreement under which Varonis will be acquired by Proofpoint, a portfolio company of Thoma Bravo, in an all-cash transaction valued at approximately $6.3 billion.”

Published 15 Oct 2026

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01

What happened

Proofpoint, a portfolio company of Thoma Bravo, agreed to buy Varonis, the data and AI security company, in an all-cash deal valued at approximately $6.3 billion. Varonis holders will get $49.75 per share in cash, a 52% premium to the June 22, 2026 close. [01]

The parties expect the deal to close in the first half of 2027, subject to Varonis shareholder and regulatory approvals. Thoma Bravo is providing committed equity financing. Yaki Faitelson is Varonis CEO, Co-Founder and Chairman. [01]

02

The source

Everything on this page comes from the source below, quoted word for word.

01
Source · Varonis Systems, Inc. (SEC Form 8-K Exhibit 99.1)

Thoma Bravo's Proofpoint agrees to buy Varonis for about $6.3 billion

This document is the source for the companies, stage, figure and people on this page.

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03

Timeline

Every date the source states, in order, each with the words it comes from. Anything marked ahead is a target the source gives, not something that has happened.

  1. Published by Varonis Systems, Inc. (SEC Form 8-K Exhibit 99.1)

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Deal Web

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Deal Web · 2 firms · 1 personHover a name to see how it connects
This dealProofpoint / VaronisAgreement signed · Published 15 Oct 2026
BuyerProofpointTargetVaronisCEO, Co-Founder and ChairmanYaki Faitelson
This dealProofpoint / Varonis

Agreement signed · Proofpoint agreed to acquire Varonis (Agreement signed, published 15 Oct 2026).

Published 15 Oct 2026
Timeline
  1. Published by Varonis Systems, Inc. (SEC Form 8-K Exhibit 99.1)
Hover or tap a name to see how it connects, and when
Deal Web as a list
  • Proofpoint (Buyer) agreed to acquire this deal. Proofpoint: 1 deal on Carrywatch.
  • Varonis (Target) target this deal. Varonis: 1 deal on Carrywatch.
  • Yaki Faitelson (CEO, Co-Founder and Chairman) named in post this deal. Yaki Faitelson: named in 1 post on Carrywatch.
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Yaki Faitelson

CEO, Co-Founder and Chairman