SolarWinds IPO Among Several Initial Public Offerings Hit By Market Woes
Summary
Initial public offerings set for this week have struggled to get out the door, including the SolarWinds IPO, stymied by a stock market in a correction.The SolarWinds IPO on Thursday slashed its price range and the number of shares offered.SolarWinds ( SWI ), a provider of software for information technology management, now plans to raise $388 million.Silver Lake Partners and Thoma Bravo took the company private in 2015 in a leveraged buyout for $4.5 billion.Another health care IPO struggling to get out the door is Osmotica Pharmaceuticals ( OSMT ), a developer of neurology drugs.
Classifications
industries
No industries detected
applications
ERP & Process Management
AskAI Classifications
Labels
SaaS
IT Operations Management
IT Service Management
Linked Companies
SolarWinds Worldwide LLC
$250M to $500M