Turn/River Capital Closes $4.4B SolarWinds Acquisition

Private equity firm Turn/River Capital has acquired SolarWinds through a $4.4 billion transaction that turns the IT management software provider into a privately held company. In a joint release published Wednesday, the companies said SolarWinds shareholders received $18.50 in cash per share under the transaction. Upon the deal’s closing, SolarWinds’ common stock stopped trading on

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