SolarWinds will become a privately held company following its acquisition by Turn/River Capital for $4.4 billion in cash.
SolarWinds is set to be acquired by Turn/River Capital for $4.4 billion. Shareholders will get $18.50 per share.
A California-based private equity firm is paying shareholders $18.50 per share in cash, a deal equaling about $4.4 billion.
SolarWinds is set to be acquired by San Francisco-based private equity firm Turn/River Capital in an all-cash transaction ...
Analysts expect deep spending cuts as the private equity firm tries to boost margins at the cybersecurity vendor, preparing for a quick sale.
: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.
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