Announced
Completed
Financials
Tags
Disposal
United States
Private Equity
Private
Completed
Domestic
Acquisition
software developer
Software
application software
Majority
software products
Single Bidder
Friendly
Synopsis
SolarWinds, a software developer, completed the acquisition of SentryOne, a software company, for Mainsail Partners, a private equity firm, for $147m. “For over 20 years, SolarWinds has been committed to ensuring that we bring to market a wide range of products designed to help IT pros solve the toughest IT infrastructure management challenges. As applications and data continue to grow in complexity and volume, database management has become a critical function to businesses of all sizes and types. We believe the explosion of business-critical applications, and their reliance on peak database performance, presents an opportunity for SolarWinds to continue to expand our support for IT organizations," Kevin B. Thompson, SolarWinds CEO.
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