Turn/River Capital Acquires SolarWinds for $4.4 Billion

Cisco Acquires Splunk for $28 Billion

September 21, 2023

Cybersecurity

Cisco entered into and then completed a definitive agreement to acquire Splunk for $157 per share in cash, valuing the equity at approximately $28 billion. The deal is expected to strengthen Cisco’s security and observability offerings and accelerate its transition to more recurring revenue.

Bain Capital Ventures and Insight Venture Partners Recapitalize SolarWinds.net

September 1, 2023

Software

Bain Capital Ventures and Insight Venture Partners completed a recapitalization of SolarWinds.net, a privately held network management and systems software developer headquartered in Tulsa, Oklahoma. The equity transaction gave Bain and Insight a majority stake while preserving management and granting equity to key personnel to support continued growth and product expansion.

Riverwood Capital Leads $110M Growth Round in SpyCloud

August 23, 2023

Cybersecurity

SpyCloud, an Austin-based identity threat protection company, closed a $110 million growth round led by Riverwood Capital with participation from Silverton Partners. The funding will accelerate product innovation in authentication bypass prevention, expand SpyCloud’s global go-to-market teams, and grow its identity analytics and remediation capabilities.

Turn/River Capital to Acquire Tufin in $570 Million All-Cash Transaction

April 6, 2022

Cybersecurity

Tufin entered into a definitive agreement to be acquired by Turn/River Capital in an all-cash transaction valued at approximately $570 million. Tufin shareholders will receive $13.00 per share in cash, and the deal is expected to close in Q2 2022 subject to customary approvals.

Aptiv Acquires Wind River from TPG Capital

January 11, 2022

Software

Aptiv PLC completed the acquisition of Wind River, a provider of intelligent edge and embedded software, from TPG Capital. The transaction, announced in January 2022 and completed in early 2023, values Wind River at $3.5 billion (adjusted from an earlier $4.3 billion agreed price) and is intended to expand Aptiv's software capabilities for software-defined vehicles and other edge-to-cloud markets.

SolarWinds Acquires Papertrail for $41M

April 28, 2015

Cloud & SaaS

SolarWinds has acquired Papertrail, a cloud-based log management service, for $41 million in cash. The acquisition expands SolarWinds' cloud monitoring and log-management capabilities, bringing Papertrail's SaaS log-aggregation technology and customers (including Adobe and GitHub) into SolarWinds' portfolio.