Commvault Systems (CVLT) is an enterprise cyber resilience and data protection company originally founded in 1988. Under CEO Sanjay Mirchandani, the company has pivoted from a legacy backup software provider into a cloud-native, AI-enabled unified resilience platform built for the ongoing agentic enterprise era. Commvault keeps customers ready by unifying data security, identity resilience, and cyber recovery on one platform, serving enterprises across hybrid, multi-cloud, SaaS, and on-premises environments.
Thoma Bravo has emerged as a potential buyer in recent weeks, with the private equity firm exploring options with Goldman Sachs (GS), adding a compelling M&A premium to an already strong fundamental growth story.