Thoma Bravo is set to pay an undisclosed amount for a majority stake in Samsung, Docomo and Fortinet-backed cybersecurity software provider Centrify.
Private equity firm Thoma Bravo agreed on Tuesday to acquire a majority stake in Centrify, a US-based identity management technology provider backed by corporates Samsung, Docomo and Fortinet, for an undisclosed sum.
Thoma Bravo is buying the stake from Centrify’s venture capital investors, and the company identified Mayfield, Accel Partners, Jackson Square Ventures and Index Ventures as some of the selling shareholders.
Founded in 2004, Centrify has developed cybersecurity technology that verifies the identity of each user and device that connects…
