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POTENTIAL DEAL DETAILS
| Stock | N-Able Inc. | Symbol | NABL |
| Date Announced | 05/29/2024 | Source | Reuters |
| Type | News Report |
According to Reuters, N-Able (NABL), a U.S. provider of information technology software with a market value of about $2.5 billion, is exploring a sale after attracting acquisition interest. One of its suitors is cybersecurity company Barracuda Networks, which is owned by buyout firm KKR (KKR).
The Burlington, Massachusetts-based company, which counts two private equity firms – Silver Lake and Thoma Bravo – as major investors, is running a sale process in which peers in the software sector and private equity firms are participating.
N-Able Inc. Investor Relations
Barracuda Networks Investor Relations
Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.