SolarWinds Corporation acquired Protected Networks GmbH from High-Tech Gründerfonds Management GmbH and Milestone Venture Capital GmbH.
November 14, 2018
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SolarWinds Corporation (NYSE:SWI) acquired Protected Networks GmbH from High-Tech Gründerfonds Management GmbH and Milestone Venture Capital GmbH on November 15, 2018. Post-completion, Chief Executive Officer of Protected Networks GmbH, Stephan Brack will be retained along with his team. Tobias Warkus, Christian Enderichs, Firat Köker and Yannic Mueller of ACXIT Capital Partners acted as financial advisors to Protected Networks GmbH and its shareholders. Michael Wangemann, Stefan-Ulrich Müller, Martin Kolbinger, Jessica Mohaupt, Florian Seelig, Sandra Kuley, Heino Büsching, Olaf Thießen, Martin Mohr, Andreas Gerten, Stefan Lüft and Theresa Dörendahl of CMS Hasche Sigle acted as legal advisors for the managers and shareholders of Protected Networks GmbH. Benjamin Parameswaran, Isaschar Nicolaysen, Kai Bodenstedt, Burkhard Führmeyer, Sebastian Decker, Annemarie Bloß, Matthias Goumas, Henriette Norda, Semin O, Konrad Rohde, Carla Nicolai, Konstantin Decker-Horz, Christoph Buchholz, Florian Jeske, Christian Lonquich, Diedrich Schröder, Sebastian Kost, Joseph Fore, John Gilluly III and Paige Elberger of DLA Piper UK LLP acted as legal advisor to SolarWinds Corporation.
SolarWinds Corporation (NYSE:SWI) completed the acquisition of Protected Networks GmbH from High-Tech Gründerfonds Management GmbH and Milestone Venture Capital GmbH on November 15, 2018.
SolarWinds Corporation is a provider of observability and information technology (IT) management software. The Company provides solutions for observability, IT service management, application performance, and database management. The Companyâs solutions provide organizations worldwide with a comprehensive and unified view of distributed and hybrid network environments. It engages IT service and operations professionals, DevOps and SecOps professionals, and database administrators (DBAs) to understand the challenges they face in maintaining IT infrastructures, applications, and environments. Its products are designed to monitor and manage networks, systems, databases, and applications across on-premises, multi-cloud, and hybrid IT environments without the need for customization or, in most cases, professional services. In addition, the Companyâs IT service management solutions provide complementary cloud-based and on-premises service desk management capabilities.