Wednesday, Thoma Bravo LLC, a private equity investment firm, completed the acquisition of Entrust (ENTU). This follows approval of the transaction by Entrust shareholders during a special shareholders meeting held yesterday, the company noted. Entrust shareholders will receive $2.00 per share for each share of common stock they hold. The resulting transaction represents a total equity value of approximately $124 million.
Entrust secures digital identities and information for consumers, enterprises and governments in more than 2,000 organizations spanning 60 countries. Leveraging a layered security approach to address growing risks, Entrust solutions help secure the most common digital identity and information protection pain points in an organization.
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