Thoma Bravo agrees to buy Kneat for C$6.5 a share in cash

  • Thoma Bravo agreed to acquire Kneat in an all-cash deal valuing the company at about C$ 650 million.
  • Kneat shareholders will receive C$ 6.5 per share, a 40% premium to the May 8 close and about 20% to the June 5 close.
  • Some director and management shareholders may roll part of their holdings into the buyer at the same C$ 6.5 per-share value.
  • Kneat is expected to become privately held; the deal is targeted to close in Q3 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Thoma Bravo LLC published the original content used to generate this news brief on June 08, 2026, and is solely responsible for the information contained therein.