Thoma Bravo - Varonis

MN-65042

Thoma Bravo, UGP LLC. (**Thoma Bravo**), through its portfolio company Proofpoint, Inc. (**Proofpoint**), proposes to acquire the entire issued share capital of Varonis Systems, Inc. (**Varonis**) (the **Acquisition**). Thoma Bravo is a US-based investment firm with a focus on software and technology-enabled services businesses. Thoma Bravo supplies cybersecurity solutions in Australia through its portfolio company Proofpoint. Proofpoint offers an integrated suite of cloud-based solutions to help companies prevent targeted cyber threats and data loss. Varonis is a cybersecurity company providing software for identifying, classifying and protecting sensitive data stored across an organisation's on-premises and cloud systems. Varonis’ core product is its data security platform, a unified software platform delivered primarily as a Software-as-a-Service (SaaS) product for enterprise environments. Varonis’ data security platform’s principal capability is in 'data security posture management', a security approach that discovers, classifies, and monitors where sensitive data lives across cloud and other environments, to enable risk identification and mitigation.