PE-Backed N-able Bought by SolarWinds for $120M

Ottawa, Ontario-based N-able Technologies Inc., a provider of remote monitoring and management automation solutions for managed service providers and information technology departments, has been acquired by software company SolarWinds Inc. of Austin, Texas. The purchase price was $120 million. N-able has been a portfolio investment of U.S. technology-focused private equity firm Accel-KKR since October 2011.

24 May 2013•6 mins read
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