Deltek, Inc., the leading global provider of enterprise software and information solutions for professional services firms and government contractors, has been acquired by an investor group led by Thoma Bravo, LLC in an all-cash transaction valued at approximately $1.1 billion.
As a result, Deltek’s common stock is no longer publicly traded and Deltek’s stockholders who did not exercise dissenter’s rights will receive $13 in cash, without interest and less any required withholding taxes, for each share of Deltek common stock they held. Deltek stockholders who held their shares in “street name” through a bank, broker or other nominee will not have to take any action to have their shares converted into cash, as such conversions will be handled by the bank, broker or other nominee.