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Private equity firm Thoma Bravo completed its $12.3 billion acquisition of Proofpoint more than one month after the cybersecurity company’s shareholders approved the all-cash transaction. Proofpoint said Tuesday the deal completion signaled its transition from a publicly traded company to a private ownership structure. Gary Steele, Chairman an...

Shareholders at Proofpoint (Nasdaq: PFPT) voted to approve the cybersecurity and compliance company’s $12.3 billion sale to private equity firm Thoma Bravo. Proofpoint said Friday both parties still expect to complete the transaction in the third quarter of 2021, subject to regulatory approvals and other customary closing conditions. Gary Steele, ...

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