Wednesday, October 21, 2015

Thoma Bravo, Silver Lake To Acquire SolarWinds For $4.5 Billion

San Francisco-based private equity investor Thoma Bravo and Menlo Park-based Silver Lake Partners have agreed to acquire IT software maker SolarWinds, in a deal worth $4.5 billion in cash, the companies said Wednesday. Silver Lake and Thoma Bravo said they would pay $60.10 per share in cash for each share of SolarWinds stock. SolarWinds is a developer of IT management software.