M&A
confidence high
sentiment positive
materiality 0.90
Everbridge to be acquired by Thoma Bravo for $28.60 per share in all-cash deal
EVERBRIDGE, INC.
- Merger with Thoma Bravo affiliate at $28.60 per share; stockholder vote required; expected close by Aug 4, 2024.
- Go-shop period through Feb 29, 2024; termination fee $40.4M ($20.2M for go-shop superior proposal).
- Appointed David Rockvam as CFO, succeeding Patrick Brickley; Brickley to consult through Dec 2024.
- Settled UK shareholder lawsuit for $25M in cash.