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Solarwinds
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Image Credit: Solarwinds
SolarWinds Joins Forces With Turn/River Capital
- SolarWinds is set to be acquired by private equity firm Turn/River Capital for an all-cash transaction of $4.4bn.
- The acquisition is expected to be completed by Q2 2025.
- The agreement will enable SolarWinds to create greater value and innovation.
- This acquisition will help SolarWinds to further simplify the process of accelerating business transformations by offering simple, effective and secure solutions.
- Broadly, the acquisition will enable an even greater focus on customer success and helping navigate complexities of today’s hybrid and multi-cloud environments.
- SolarWinds will continue to work independently until the acquisition is completed.
- The acquisition will allow SolarWinds to expand its vision of resilient operational infrastructure by delivering exceptional products and experiences to customers.
- No person has begun to solicit proxies in connection with the proposed transaction referenced in this press release.
- Forward-looking statements contained within suggest that there could be unforeseen delays to the acquisition process.
- Shareholders are encouraged to read an information statement regarding the pending transaction when it becomes available.
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