“Obviously, as an independent company, we have some new opportunities to evaluate,” he says. “At the end of the day, we are going to figure out what MSPs need and help them be successful, and once we identify those needs, if we find something in the marketplace that meets a customer need, I think we have the ability to execute on that if we feel like we need to.”
N-able, which has bought password management and documentation vendor Passportal, access rights management vendor Protected Networks, and spam filtering vendor SpamExperts among other companies in recent years, wasn’t shy about acquisitions even before today.
Working with a publicly-listed company isn’t a new experience for N-able partners, says Cullen, noting that SolarWinds trades on the New York Stock Exchange just like N-able now does. The major difference going forward will be access to more complete and detailed information about N-able’s business performance.
“We welcome this because of the transparency that it gives our customers to see our financial stability in a market that has had a significant amount of upheaval over the last couple of years,” Cullen says.
N-able is the second major maker of MSP software to go public, following Datto last October. Kaseya has had an IPO among its future plans since at least 2019, and most recently discussed that prospect with ChannelPro in January.