Overview

• Verint shareholders will receive $20.50 per share in cash, an 18% premium to the company’s unaffected stock price.
• The transaction won unanimous board approval, with shareholders and directors holding about 14.5% of voting power committed to support.
• Thoma Bravo will complete the purchase through a controlled entity with no financing contingency disclosed.
• Closing is expected before the end of Verint’s current fiscal year, followed by delisting and a pause in earnings calls, guidance, and share repurchases during the transition.
• CEO Dan Bodner said AI-driven offerings now account for roughly half of Verint’s recurring revenue, underscoring the deal’s strategic focus.