Industry: Information Technology / Software
The Company paid a $71 million cash dividend to its stockholders.
The Company is a leading provider of systems management, security, and business intelligence solutions. The Companies software reduces data center costs by improving operational control and delivery of IT services.
THE EQUITY SPONSORS
Manages more than $5 billion of assets.
Has raised nearly $15 billion in capital.
Pendo Advisors, LLC served as independent financial advisor to the board of directors of the Company and provided a solvency opinion in connection with the transaction.