Everbridge's stock rallies as first Thoma Bravo take-private deal of 2024

A $1.5 billion take-private deal with acquisitive private-equity firm Thoma Bravo is fueling an 18% rally in software company Everbridge Inc.’s stock on Monday.For Thoma Bravo, Everbridge marks the first take-private transaction of 2024, after the Miami-based specialist in scooping up undervalued software companies completed five buyouts of public companies in 2023.With its 18% gain on Monday, Everbridge’s stock EVBG, +18.56% is notching its largest percentage price increase in more than a year, after the s ...