Dig time. Who are the owners, directors & investors of SolarWinds?
https://investors.solarwinds.com/overview/default.aspx
Solarwinds just took in $315M cash @ $6.3B valuation from a Canada Pension Plan Investment Board.
Investor speak: "Secondary Investment" means the money was used to buy out the previous owners of those shares… it usually means the cash did NOT go to Solarwinds.
Such buyouts can be voluntary, or forced.
$315 million secondary investment from Canada Pension Plan Investment Board (CPP Investments), a professional investment organization. Following closing, CPP Investments’ ownership in SolarWinds will be approximately 5% and the position was acquired through the acquisition of a portion of the existing stake owned by [Silver Lake, Thoma Bravo] and their respective co-investors.