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FGS Global represents private equity firm Thoma Bravo as it makes a $4.6B bid for Darktrace, a UK-based cybersecurity artificial intelligence firm.
Andrew Almeida, partner at TB, said Darktrace is at the “very cutting edge of cybersecurity technology” and is driven by a culture of innovation.
The firm respects Darktrace’s position as a British tech champion, and promises to retain its R&D operations in the UK and the Netherlands.
It agreed to make no major changes to its Cambridge headquarters or other business operations.
Gordon Hurst, chair of Darktrace, said the acquisition provides access to a strong financial partner with deep software sector experience who will enhance the company’s position as a best-in-class cyber AI business headquartered in the UK.
FGS Global has Faeth Birch, Sophie Scott, Alastair Elwen and Amanda Healy representing TB, while Headland’s Nigel Prideaux and Henry Wallers handle Darktrace.
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