SolarWinds N-able and LOGICnow combine to establish SolarWinds MSP to deliver IT services management solutions to all types of MSPs worldwide.
On June 1, it was announced that SolarWinds, a leading provider of powerful and affordable IT management software, completed its acquisition of LOGICnow, represented by Willkie. LOGICnow, backed by a consortium of investors led by Insight Venture Partners, is a global provider of integrated cloud-based IT Service Management (ITSM) solutions focused primarily on the MSP community.
The deal brings together LOGICnow and SolarWinds N-able to create SolarWinds MSP. This unites two complementary leading players in the managed services solutions market to deliver comprehensive, scalable IT services management solutions to all types of MSPs worldwide. These solutions encompass data-driven automation, security, network management and service management. SolarWinds MSP will serve more than 20,000 managed service providers worldwide, managing more than five million end-points and one million mailboxes. Approximately 200,000 engineers will use its products every day.
Austin, Texas-based SolarWinds, which is backed by leading global technology investment firms Silver Lake Partners and Thoma Bravo, provides IT management software worldwide to customers ranging from Fortune 500 enterprises to small businesses, government agencies and educational institutions. LOGICnow delivers the world's leading 100% SaaS, fully cloud-based ITSM platform. LOGICnow's MAX products -- including Risk Intelligence, Remote Management, Backup & Disaster Recovery, Mail and Service Desk -- comprise the market's most widely-trusted integrated solution.
The Willkie deal team was led by partners Gordon Caplan and Morgan Elwyn and included partners Michael Katz and Christopher Peters, and associates Matthew Haddad, Timothy Andree, Meredith Levy, Rose Ohanesian and Ransel Potter.