Baird served as co-manager on this offering
AboutSolarWinds Corporation (“SolarWinds”) (NYSE: SWI) recently completed a follow-on offering of 15,000,000 shares of common stock at a price of $18.00 per share generating gross proceeds of $270 million. All of the shares were offered by selling shareholders. In addition, the selling shareholders have granted the underwriters an option to purchase up to 2,250,000 additional shares.
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-premises, in the cloud, or in hybrid models. SolarWinds is headquartered in Austin, Texas.
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- May 2019
- SolarWinds Corporation
- Technology & Services
- Target Location
- North America
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