Thoma Bravo to purchase digital forensics company Magnet Forensics for over $1 billion

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  • Thoma Bravo, a private equity and growth capital firm, will spend $1.8 billion CAD (~$1.34 billion) to acquire Magnet Forensics.
  • Magnet Forensics is a Waterloo-based company that produces software used by defense forces and businesses to investigate cybersecurity threats.
  • The acquisition will be completed through a newly created corporation controlled by Thoma Bravo, Morpheus Purchaser.