Turn/River Capital to Take SolarWinds Private
Turn/River Capital to Take SolarWinds Private in $4.4 Billion Deal
SolarWinds said on Friday it would go private in a $4.4 billion deal with buyout firm Turn/River Capital, the latest sign debt-funded deals were set to rebound this year as borrowing costs decline. Shares of the IT management software firm were up 23%.
SolarWinds will become a privately held company following its acquisition by Turn/River Capital for $4.4 billion in cash.
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Analysts expect deep spending cuts as the private equity firm tries to boost margins at the cybersecurity vendor, preparing for a quick sale.
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Turn/River Capital agreed to buy SolarWinds Corp. in a deal worth $4.4 billion, including debt, more than four years after ...
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The IT management specialist SolarWinds is changing hands: the company is being acquired by the private equity firm ...
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SolarWinds is set to be acquired by San Francisco-based private equity firm Turn/River Capital in an all-cash transaction ...
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