Thoma Bravo-backed Magnet Forensics bags Griffeye

• Griffeye is based in Gothenburg, Sweden
• Magnet Forensics was acquired by Thoma Bravo in a deal valued at C$1.8bn in January 2023
• Thoma Bravo is a private equity firm that invests in growth-oriented companies in software sector

Magnet Forensics, a portfolio company of Thoma Bravo, has acquired Griffeye, a digital media forensics software company.

No financial details of the transaction were disclosed.

Griffeye is based in Gothenburg, Sweden. Police agencies use the firm’s platform to analyse large volumes of images and videos – especially in cases containing child sexual abuse material.

Magnet Forensics was acquired earlier this year by Thoma Bravo in a deal valued at C$1.8 billion ($1.33 billion; €1.22 billion).

“In a time when forensic backlogs continue to grow, it’s critical for our customers to have tools that support automated workflows,” said Adam Belsher, CEO at Magnet Forensics. “When investigating child exploitation cases, nothing should stand in the way of serving justice, and having Griffeye become a part of Magnet Forensics will only strengthen our ability to help in that pursuit.”

Magnet Forensics is a developer of digital investigation services that acquire, analyse, report on, and manage evidence from digital sources. It is based in Waterloo, Ontario.

Thoma Bravo is a private equity firm that invests in growth-oriented companies in software sector. It is based in San Francisco, California.