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0.00170867150790272 0.001281503630927 0.00384451089278086 0.00384451089278086 0.00341734301580529 -0.000777445536095695 0.00341734301580529 0.012387868432294
Stock impact report

Exclusive-Software company N-Able explores sale, sources say [Yahoo! Finance Canada]

SolarWinds Corporation (SWI) 
Last solarwinds corporation earnings: 4/30 04:05 pm Check Earnings Report
exploring a sale after attracting acquisition interest, people familiar with the matter said. The Burlington, Massachusetts-based company, which counts two private equity firms - Silver Lake and Thoma Bravo - as major investors, is running a sale process in which peers in the software sector and private equity firms are participating, the sources said. One of its suitors is cybersecurity company Barracuda Networks, which is owned by buyout firm KKR, the sources added, cautioning that no deal is certain and asking not to be identified because the matter is confidential. KKR acquired Barracuda from Thoma Bravo for about $4 billion in 2022. ADVERTISEMENT Silver Lake, N-Able, and KKR declined to comment. Thoma Bravo and Barracuda did not immediately respond to requests for comment. N-Able was spun out in 2021 from management software firm SolarWinds, which had been in turn acquired by Silver Lake and Thoma Bravo for $4.5 billion in 2016. The two buyout firms now each own about a Show less Read more
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