Tripwire sold itself to private equity firm Thoma Bravo, abandoning its pursuit of an initial public stock offering.
Tripwire sold itself to private equity firm Thoma Bravo, abandoning its pursuit of an initial public stock offering.
Today’s deal finally provides an exit for Tripwire’s patient investors. The company was founded in 1997.
“This acquisition marks an exciting opportunity for Tripwire and is great news for Oregon business as it keeps the talent and expertise in Portland,” William Lattin, chairman of Tripwire’s board, said in a written statement.
Tripwire will continue to operate independently, in Portland, and chief executive Jim Johnson will continue running the company.
Read more at OregonLive.com.
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