Shares of SolarWinds Corporation (NYSE: SWI) soared 22.92% on the charts to $18.48 after the company announced a major acquisition agreement. The deal has positioned SolarWinds in the spotlight, signaling a new chapter for the IT management solutions provider.
Turn/River Capital Acquires SolarWinds
SolarWinds announced that it has reached an all-cash deal with Turn/River Capital, which will buy the business debt-free. SWI is valued at around $4.4 billion in the transaction, which is 35% more than its average closing price over the previous 90 trading days before February 6, 2025. This purchase strengthens the company’s well-established track record of providing scalable and secure solutions that speed up corporate transitions, especially in multi-cloud and hybrid settings.
SolarWinds Partner Program Improvements
In addition to the purchase announcement, SWI has made changes to its Partner Program with the goal of improving capabilities, boosting partner profitability, and offering crucial growth tools. The program introduces a new three-tier partner purchase model with improved revenue segmentation and margin control, designed to optimize profitability in 2025. These updates will be implemented in the coming months.
Strengthening Partnerships for Future Growth
With the theme Elevating Together, the company emphasizes collaboration, shared growth, and innovation. The program encourages partners to adapt to emerging technologies and evolving customer needs, ensuring sustained success. Additionally, the company has expanded its growth incentives for partners specializing in Observability, Database, and IT Service Management solutions.
A key addition this year is the SolarWinds Services Certification Program (SCCP), which certifies partners to sell and deliver SolarWinds Premium Support Add-On services. To qualify, partners must include a SolarWinds Certified Professional (SCP) and a SolarWinds Certified Instructor (SCI).
SolarWinds has enhanced its partner site with new business planning tools, automated marketing solutions, integrated Google Ads activation, and enhanced lead-sharing capabilities in an effort to further promote partner engagement. In order to facilitate digital transformation and promote long-term success, SWI has been consistently improving its products since the start of its Partner Program in 2022.