SolarWinds Corp., a software company publicly listed and majorly controlled by Silver Lake Management and Thoma Bravo, is reportedly weighing options that may include a potential sale. These potential steps come to light according to those privy to the subject matter.
The company, headquartered in Austin, is allegedly working together with financial advisors to instigate a sale process that is speculated to kick off early in the coming year. These sources requested anonymity due to the confidential nature of the details. However, no conclusive decisions have been made, and SolarWinds may still opt to remain independent, the same sources report.
In recent trading in New York, SolarWinds experienced a minimal decline of 0.5% to close at $8.89. This market performance places the company’s market value at…
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