A Thoma Bravo LLCaffiliate will acquire Imprivata Inc.for $19.25 per share in cash in a transaction valued at approximately $544 million.
The per-share price represents a 33% premium to Imprivata's lastclosing stock price of $14.50 per share.
Barclays is acting as exclusive financial adviser and GoodwinProcter LLP is serving as legal adviser to Imprivata. Kirkland & Ellis LLP isserving as legal adviser to Thoma Bravo.