SolarWinds jumps after $4.4 bln deal with Turn/River Capital to take co private

SolarWinds

07/02/2025 14:22

** IT software provider SolarWinds'  SWI.N  shares jump
23.4% to $18.25 premarket
    ** Turn/River Capital to acquire co in an all-cash
take-private transaction for $18.50 per share or approx. $4.4
billion
    ** Per-share price is a premium of about 23% to stock's last
closing price of $15.03
    ** Transaction expected to close in the second quarter of
2025
    ** SWI's shares are up more than 5% so far this year

 (Reporting by Shashwat Chauhan in Bengaluru)
 ((Shashwat.Chauhan@thomsonreuters.com;))