GlobeNewswire·Aug 6, 2026, 10:47 PM ET

Court Grants Final Order Approving Acquisition of Kneat by Thoma Bravo

The Ontario Superior Court of Justice issued a final order approving Kneat's plan of arrangement to be acquired by an affiliate of Thoma Bravo.
The transaction involves acquiring all outstanding common shares of Kneat, excluding any rollover shares.
Completion of the proposed transaction is anticipated on or about August 11, 2026, subject to remaining conditions.
Kneat provides the Kneat Gx digital validation platform to highly regulated industries for compliance & validation automation.
The Kneat Gx platform holds ISO 9001 & ISO 27001 certifications & is 21 CFR Part 11/Annex 11 compliant.
Customer studies indicate Kneat Gx reduces validation documentation man-hours by up to 50% & accelerates review cycles by up to 50%.
The press release includes forward-looking statements regarding the transaction timing & closing conditions, noting risks that could cause actual results to differ from expectations.