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[BUSINESS] · Canada, Ireland · 3 sources

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Thoma Bravo Affiliate to Acquire Kneat, Court Order Sets August 11, 2026 Closing

The Ontario Superior Court of Justice (Commercial List) issued a final order approving a plan of arrangement under which an affiliate of private‑equity firm Thoma Bravo will acquire all outstanding common shares of Kneat, excluding any rollover shares. The transaction remains subject to the satisfaction or waiver of the remaining conditions set out in the June 8, 2026 arrangement agreement, and the parties anticipate closing on or about August 11, 2026.

Kneat provides the Kneat Gx digital validation platform for highly regulated industries, a solution that customer studies say can cut validation documentation man‑hours and review cycles by up to 50% while supporting higher compliance standards. The company is listed on the Toronto Stock Exchange (TSX: KSI) and OTCQX (KSIOF).

Entities

Kneat · Ontario Superior Court of Justice · Thoma Bravo