Deltek to be Acquired by Thoma Bravo for $1.1 Billion or $13 Per Share in Cash

Deltek, Inc.

, the leading global provider of enterprise software and information solutions for professional services firms and government contractors, today announced that it has entered into a definitive agreement under which Deltek will be acquired by leading private equity investment firm Thoma Bravo, LLC in an all-cash transaction valued at approximately $1.1 billion. Pursuant to the agreement, Deltek's stockholders will receive $13 in cash for each share of Deltek stock when the transaction closes. The $13 per share offer price represents a 7% discount to Deltek's stock price on August 24, 2012 and a 24% premium over Deltek's stock price on June 11, 2012 – the day before Deltek broadly disseminated information on the