Home / M&A Activity / Justice Dept, FTC Clear Thoma Bravo’s $4B SolarWinds Purchase

Justice Dept, FTC Clear Thoma Bravo’s $4B SolarWinds Purchase

acquisitionThe Justice Department and Federal Trade Commission have given antitrust clearance to Silver Lake and Thoma Bravo for the private equity firms’ $4.5 billion acquisition of information technology company SolarWinds (NYSE: SWI).

Both agencies gave their notice Friday to end the required 30-day waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 early, SolarWinds said Monday.

The transaction remains subject to a SolarWinds stockholder vote and other non-U.S. regulatory approvals.

Click here to read GovCon Wire’s coverage of the deal when it was announced in October.

Check Also

Report: AT&T Lands Potential $3.3B NSA IT Infrastructure Services Contract

AT&T (NYSE: T) has won a potential 10-year, $3.3 billion contract to provide information technology …

General Dynamics to Support DHS Campus IT Operations Under Potential $628M Task Order

General Dynamics (NYSE: GD) will provide information technology services at the  Department of Homeland Security campus in …

Subscribe to our Newsletter
I will subscribe later