Warburg Pincus Acquires Raptor Technologies for $1.8B

Warburg Pincus to Acquire Majority Stake in Raptor Technologies: A $1.8 Billion Deal Highlighting School Safetys Growing ImportanceWarburg Pincus, a prominent investment firm, is poised to acquire a majority stake in Raptor Technologies, a school safety software provider, for approximately $1.8 billion. The deal involves purchasing the stake from Thoma Bravo and will see JMI Equity maintain a significant minority stake, indicating continued confidence in Raptors mission and market position. Raptor Technologies offers a range of safety software solutions for K-12 schools, with its tools used by 60,000 schools across 55 countries. The acquisition underscores the global demand for robust school safety measures.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.