Acquiring Company
Turn/River Capital
Acquired Company
SolarWinds Corporation
Description
Turn/River Capital has completed its acquisition of SolarWinds Corporation for approximately $4.4 billion. SolarWinds stockholders will receive $18.50 per share in cash. Following the acquisition, SolarWinds common stock has ceased trading and is no longer listed on the NYSE. The partnership aims to drive innovation and deliver greater value to customers.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed