DLA Piper advised SolarWinds Corporation (SolarWinds), a leading provider of simple, powerful, secure observability and IT management software, in entering into a definitive agreement to be acquired by funds managed by Turn/River in an all-cash transaction for $18.50 per share or approximately $4.4 billion.
“It was a pleasure to advise SolarWinds on this acquisition by Turn/River and display the full suite of our team’s capabilities to bring this deal together,” said John J. Gilluly III, the DLA Piper partner who led the deal team.
In addition to Gilluly (Austin), Brent Bernell and Jeffrey Scharfstein (both Austin) also led the deal team.
The DLA Piper team also included partners Jeff Aronson (Palo Alto), Brian Hamano (Los Angeles), Michelle Lara (San Diego), Georgia Jolink (Austin), Paolo Morante and Heather Borthwick (both New York), Ronald Brown (Wilmington), and Nicholas Klein (Washington DC), and associates Carina Meleca (New York), Destiny Harrison, Jessica Stenglein, Frances Asbury (all Austin), and Vincent Schiavoni (Phoenix).
With more than 1,000 corporate lawyers globally, DLA Piper helps clients execute complex transactions seamlessly while supporting clients across all stages of development. The firm has been rated number one in global M&A volume for 15 consecutive years, according to Mergermarket, and ranked as a top five most active VC legal advisor in the US and number one in VC, PE and M&A in combined global deal volume according to PitchBook.
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
The advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
