Warburg Pincus to acquire Raptor Technologies for around $1.8 billion, sources say

FILE PHOTO: U.S. dollar banknotes are displayed in this illustration taken, February 14, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) -Warburg Pincus has agreed to acquire a majority stake in Raptor Technologies from fellow investment firm Thoma Bravo, in a deal that values the school safety software provider at around $1.8 billion, according to people familiar with the matter.

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(Reporting by Milana Vinn in New York; Editing by David French and Diane Craft)