The deal will facilitate the merger of Verint with Thoma Bravo's Calabrio, a provider of CX intelligence solutions.

Thoma Bravo will acquire Verint Systems in a $2 billion deal, including debt, the customer engagement platform said on Monday, marking the latest software buyout as private equity firms increasingly bet on AI to navigate an uncertain economy.

Thoma Bravo has agreed to buy call center software company Verint for $20.50 a share in an all-cash transaction.