Austin-based software company SolarWinds going private in $4.4 billion deal
An Austin-based software company is being taken private in a $4.4 billion private equity deal. Turn/River Capital, a California-based private equity firm, acquired SolarWinds Corp., paying shareholders $18.
Software Company SolarWinds Agrees To Go Private In $4.4B Deal; Stock Skyrockets
Shares of IT management software provider SolarWinds Corporation (NYSE:SWI) are surging on Friday. The company has reached an agreement to be purchased by Turn/River Capital in a cash transaction worth $4.
SolarWinds To Be Acquired By Turn/River Capital In $4.4B All-Cash Deal
SolarWinds is set to be acquired by San Francisco-based private equity firm Turn/River Capital in an all-cash transaction valued at $4.4 billion.
Turn/River Capital acquires SolarWinds for 4.4 billion dollars
The IT management specialist SolarWinds is changing hands: the company is being acquired by the private equity firm Turn/River Capital for around 4.4 billion US dollars. Shareholders will receive 18.50 dollars per share in cash.
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.
SolarWinds Shares Jump on $4.4B Acquisition by Turn/River Capital
Shares of SolarWinds jumped on Friday after it said it agreed to sell itself for $4.4 billion to San Francisco-based technology investment fund Turn/River Capital. Shares traded 22% higher at $18.34.
SolarWinds to Be Purchased By Turn/River Capital for $4.4B
SolarWinds agreed to be bought by Turn/River Capital for $4.4 billion just six years after the observability and IT management software firm went public. The
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Turn/River Capital to acquire US-based SolarWinds for $4.4bn
Private equity firm Turn/River Capital has agreed to acquire SolarWindsin, a provider of secure observability and IT ...
SolarWinds Just Got Bought for $4.4B--Here's Why It's Ditching Wall Street
Turn/River Capital is taking SolarWinds off the public market--here's what it means for investors and the software industry.
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SolarWinds Taken Private in $4.4 Billion Turn/River Capital Acquisition
SolarWinds will become a privately held company following its acquisition by Turn/River Capital for $4.4 billion in cash.
CSOonline2d
The SolarWinds $4.4 billion acquisition gives CISOs what they least want: Uncertainty
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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Why SolarWinds Corporation’s (SWI) Stock Is Up 21.82%
SolarWinds Corporation’s SWI share price has surged by 21.82%, which has investors questioning if this is right time to sell.