Thoma Bravo, a leading software investment firm, announced that following the completion of its previously announced acquisition of Verint Systems, Inc. (“Verint”) on November 26, 2025, it has combined the global customer experience (CX) automation leader with its portfolio company, Calabrio, to create the industry’s most comprehensive AI-powered CX platform.
With the completion of the transaction, Verint Chairman and CEO Dan Bodner will transition to an advisory role. Effective immediately, Mike Lipps, an Operating Partner with Thoma Bravo, will become Chairman of the Board of the combined companies and serve as Verint’s interim CEO, with the Verint executive team reporting to him. Calabrio CEO Dave Rhodes will continue in his role, also reporting directly to Mr. Lipps.
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“I am proud of our CX automation category leadership and the tremendous value our AI-powered solutions have delivered to leading brands around the world,” said Dan Bodner. “With Thoma Bravo’s support, I am confident Verint is poised for continued innovation and growth. As I transition to an advisory role, I look forward to supporting Mike and the team as they take Verint to the next level of success.”
“We look forward to bringing together the complementary strengths of Verint and Calabrio to lead the market as a CX Automation powerhouse,” said Mike Lipps. “The market demand for AI-powered solutions has never been stronger and continues to accelerate. By uniting these great teams and product portfolios, the combined company will be uniquely positioned to deliver transformative outcomes for organizations of all sizes.”
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