Press Release
February 5, 2024

Everbridge To Be Acquired By Thoma Bravo For $1.5 Billion

The Public M&A team advised Qatalyst Partners as investment bank to Everbridge, Inc. (NASDAQ:EVBG) in its agreement to be acquired by Thoma Bravo in an all-cash transaction valued at approximately $1.5 billion. The transaction is expected to close in the second quarter of 2024, subject to shareholder approval and regulatory clearances. A 25-day "go-shop" period allows Everbridge to seek certain qualifying alternative acquisition proposals until February 29, 2024. Upon completion, Everbridge will operate as a private entity and its common stock will be delisted from public stock exchanges.

Qatalyst Partners is a global, independent investment bank that provides high impact strategic and financial advice to senior management and boards of established and emerging technology leaders on matters crucial to their growth and success.

The Goodwin team was led by Joshua Zachariah, Blake Liggio and Tevia Pollard.

For additional details on the acquisition, please read the press release.