UserTesting, which helps companies get user feedback about their software, agrees to sell to PE firms Thoma Bravo and Sunstone for about $1.3B; stock jumps 90%+ (Bloomberg)

Rob Davies / The Guardian:
UK-based Darktrace’s stock falls 32.47% after US private equity firm Thoma Bravo ends bid interest in the scandal-hit AI and cybersecurity company  —  Private equity firm Thoma Bravo ends bid interest in scandal-hit British AI and cybersecurity firm  —  Shares in Darktrace …

Bloomberg:
Sources: Thoma Bravo is in advanced talks to acquire Coupa Software, which helps companies manage their spending, after outbidding Vista Equity Partners  —  Thoma Bravo LLC is in advanced talks to acquire Coupa Software Inc. after outbidding Vista Equity Partners, according to people familiar with the matter.

Bloomberg:
Sources: Thoma Bravo is in advanced talks to acquire Coupa Software, which helps companies manage their spending, after outbidding Vista Equity Partners  —  Thoma Bravo LLC is in advanced talks to acquire Coupa Software Inc. after outbidding Vista Equity Partners, according to people familiar with the matter.

Bloomberg:
Sources: Thoma Bravo is in advanced talks to acquire Coupa Software, which helps companies manage their spending, after outbidding Vista Equity Partners  —  Thoma Bravo LLC is in advanced talks to acquire Coupa Software Inc. after outbidding Vista Equity Partners, according to people familiar with the matter.

Bloomberg:
Sources: Thoma Bravo is in advanced talks to acquire Coupa Software, which helps companies manage their spending, after outbidding Vista Equity Partners  —  Thoma Bravo LLC is in advanced talks to acquire Coupa Software Inc. after outbidding Vista Equity Partners, according to people familiar with the matter.

Jennifer Ryan / Bloomberg:
Thoma Bravo plans to acquire ForgeRock, which makes identity verification software, for $2.3B in cash; ForgeRock raised $275M from its IPO in September 2021  —  ForgeRock Inc., a maker of identity-verification software, said it will be acquired by Thoma Bravo in an all-cash deal valued at about $2.3 billion.