N-able exploring sale after attracting buyout interest, Reuters reports

N-able (NABL) is exploring a sale after attracting acquisition interest, people familiar with the matter told Reuters’ Anirban Sen and Milana Vinn. The provider of information technology software is running a sale process in which peers in the software sector and private equity firms are participating, the sources said. One of its suitors is cybersecurity company Barracuda Networks, which is owned by buyout firm KKR (KKR), the sources added.