Thoma Bravo Is in Talks to Acquire Verint Systems

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Thoma Bravo Is in Talks to Acquire Verint Systems.

deals & business :: 2025-07-03 :: source - bloomberg

By Ryan Gould

Thoma Bravo Is in Talks to Acquire Verint Systems. Bloomberg

(Bloomberg) -- Buyout firm Thoma Bravo is in talks to acquire Verint Systems Inc., a maker of call center software, according to people familiar with the matter.

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Thoma Bravo is negotiating the terms of a potential deal with Verint, which is working with an adviser, said the people, who asked not to be identified discussing confidential information.

There’s no certainty the two sides will reach an agreement and the talks could end without one, the people said.

A representative for Thoma Bravo declined to comment. A spokesperson for Verint didn’t immediately respond to requests for comment.

Verint rose 6.8% to $19.86 at 9:54 a.m. in New York trading Wednesday, giving the company a market value of about $1.2 billion.

Verint, whose stock has fallen 28% this year, beat revenue estimates for the first quarter, with analysts suggesting the firm’s software is benefiting from AI adoption among clients.

Verint describes itself as a leader in customer experience automation and serves some 10,000 customers in more than 175 countries, according to its website. The company has been listed on the Nasdaq Stock Exchange since 2002.

In February 2021, Verint completed the spin-off of Cognyte Software Ltd. into a separate publicly traded company focused on investigative analytics software. That company has a market value of about $678 million.

Semafor earlier reported that the Melville, New York-based firm was working with bankers to seek a buyer.

--With assistance from Liana Baker, Michelle F. Davis and Aaron Kirchfeld.

(Updates with share move, additional context starting from the fifth paragraph.)