Announced
Synopsis
Turn/River Capital, a software investment firm, agreed to acquire SolarWinds, a provider of simple, powerful, secure observability and IT management software, for $4.4bn. "SolarWinds is a global leader in software that helps a wide range of businesses securely manage and optimize their systems, networks, and IT infrastructure. Their deep commitment to understanding and solving customer needs has led to decades of innovation, impact, and consistent growth. We are incredibly excited to partner with SolarWinds. By pairing our team of software operators and investors with their relentless focus on customer success, together we aim to accelerate growth and further innovation,” Dominic Ang, Turn/River Capital Founder and Managing Partner.
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