LogRhythm, a Thoma Bravo-backed company that helps security teams stop breaches by turning disconnected data and signals into insights, has agreed to merge with Exabeam, a cybersecurity company focused on AI-driven security operations.

The combined company will leverage the strengths from each organization aiming to take AI-driven security operations to new heights. Customers will benefit from enhanced research and development investments and product innovation, greater service and support coverage and access to a larger AI-driven product portfolio, including cloud-native and on-premises options.

JPMorgan Securities LLC acted as financial advisor and Goodwin Procter LLP acted as legal advisor to Exabeam on the transaction. Kirkland & Ellis LLP acted as legal advisor to LogRhythm on the transaction.