Initial Public Offering
Baird served as co-manager on this offering
AboutSolarWinds Worldwide, LLC (“SolarWinds” or the “Company”) (NYSE: SWI) recently completed an initial public offering of 25,000,000 common shares at a price of $15.00 per share generating gross proceeds of approximately $375 million. In addition, the Company has granted the underwriters an option to purchase up to 3,750,000 additional shares. The Company intends to use the net proceeds from the offering to pay down existing debt.
SolarWinds is a leading provider of information technology, or IT, infrastructure management software. SolarWinds products give organizations worldwide, regardless of type, size or IT infrastructure complexity, the power to monitor and manage the performance of their IT environments, whether on-premise, in the cloud, or in hybrid models. SolarWinds is headquartered in Austin, Texas.
CONTACT US TO LEARN MORE
- October 2018
- SolarWinds Worldwide, LLC
- Technology & Services
- Target Location
- North America
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