Blue Coat Systems, Inc., a market leader in enterprise security solutions, today announced the completion of its previously reported acquisition by
Funds advised by Bain Capital have acquired enterprise security solutions specialist Blue Coat Systems from Thoma Bravo, in an all-cash transaction valued at approximately USD2.4 billion.
Blue Coat offers an integrated portfolio of security products to combat today’s advanced threats with solutions that have become the de facto standard for much of the Fortune Global 500. Backing the strength of its solutions, Blue Coat also has the largest, most robust global cloud security infrastructure, which integrates with its on premise solutions to offer hybrid defence, anytime, anywhere. The company has increased market share and expanded its global leadership position in cybersecurity to encompass web protection, advanced threat defence, encrypted traffic management, incident response and forensics.
“Blue Coat has strengthened and expanded our product portfolio, leading to more value for our customers while positioning the company for the next stage of growth in partnership with Bain Capital,” says Gregory S Clark, Chief Executive Officer, Blue Coat Systems, Inc. “We have benefitted from Thoma Bravo’s insight and support and look forward to continued progress and innovation with the help of Bain Capital as we build the business to become one of the top performing security companies in the world.”
“Blue Coat is a leader in the enterprise security market with its innovative product portfolio and 80 per cent of the Fortune 500 as customers who entrust Blue Coat to help protect their networks,” says David Humphrey, a Managing Director at Bain Capital. “We are excited to help Blue Coat further grow the business and potentially return to the public markets.”
