SolarWinds Announces Review of Strategic Alternatives

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SolarWinds (SWI) Said to Draw Interest from Hellman & Friedman, Vista Equity, Thoma Bravo - Bloomberg

October 9, 2015 1:38 PM EDT

SolarWinds (NYSE: SWI) has been approached by buyout firms including Hellman & Friedman, Vista Equity, and Thoma Bravo, according to Bloomberg. Each private-equity firm approached banks about financing, with final bids due later this month.

Earlier SolarWinds confirmed it was reviewing strategic alternatives.

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SolarWinds (SWI) Commences Review of Strategic Alternatives

October 9, 2015 11:40 AM EDT

SolarWinds (NYSE: SWI) today announced that the Company's board of directors, in response to an unsolicited expression of interest from a third party, has commenced a review of its strategic alternatives. This review may result in the Company's continuing to pursue value-enhancing initiatives as a standalone company or a possible sale or... More