US private equity firm Thoma Bravo is reportedly in advanced negotiations to acquire Israeli cybersecurity company Armis at a valuation of $5 billion. The potential deal would see Insight Partners, a major shareholder focused on young growth companies, receive between $2 and $3 billion for its stake. Other significant investors in Armis include Canadian fund Georgian, GT Squared from Chicago, One Equity Partners from New York, as well as Capital G, Brookfield, and General Catalyst. The acquisition would mark a major transaction in the cybersecurity sector, highlighting growing interest in Israeli technology firms.
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