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US IT software provider N-Able, valued at $2.3 billion, is exploring a sale following acquisition interest, sources say. Major investors Silver Lake and Thoma Bravo are running the sale process, with suitors including Barracuda Networks, a cybersecurity vendor owned by private equity firm KKR. N-Able's stock has gained on the report of the potential sale.
N-able Exploring Sale With Barracuda Networks As One Possible Suitor: Report: https://t.co/SxFgDVrtcg Cybersecurity vendor Barracuda Networks, which is owned by private equity firm KKR, is reportedly eyeing N-able.
N-able $NABL stock gains on report it is exploring sale https://t.co/WbsyTUpRnK https://t.co/oLi0n8hhTj
Exclusive: Software company N-Able explores sale, sources say https://t.co/C3A2FHBaHU https://t.co/4AeNcPc1xT