New Relic, an observability platform for engineers, has agreed to be acquired by private equity firms Francisco Partners and TPG Capital for an equity value of approximately $6.5 billion. Upon completion of the transaction, New Relic will become a private company “with enhanced flexibility to continue investing in its...
July 31, 2023
New Relic, an observability platform for engineers, has agreed to be acquired by private equity firms Francisco Partners and TPG Capital for an equity value of approximately $6.5 billion. Upon completion of the transaction, New Relic will become a private company “with enhanced flexibility to continue investing in its leading observability platform,” the companies said in a Monday (July […]
