M&A
confidence high
sentiment positive
materiality 0.75
N-able acquires Adlumin for ~$100M cash, stock, deferred payments; sees accretion
N-able, Inc.
- Total consideration: $100M cash at close, 1.57M shares of NABL common stock, $120M in two annual installments, plus up to $30M earn-out.
- Acquisition adds Adlumin's cloud-native XDR and MDR capabilities to N-able's security and endpoint management platform.
- N-able expects deal to be immediately accretive to ARR growth and accretive to cash flow by Q4 2025.
- Provided updated financial outlook for Q4 2024 and full year 2024 (specific figures not disclosed in filing excerpt).