New Relic Stock - Background and outlook after acquisition
18.06.2026 - 20:08:32 | ad-hoc-news.de
Edited by ad hoc news Chart & Technicals Desk. Verified prior to publication on 06/18/2026, 18:05 UTC. Details in the imprint.
New Relic (US65351P1021) was acquired by private equity investors and its stock has since been delisted from public markets. The last major step was the closing of its sale to funds advised by Francisco Partners and TPG, according to an IR release dated 11/08/2023.
All news and background on New Relic
Further updates on New Relic and its private-equity-backed strategy can be found in the company history and legacy stock coverage on ad hoc news and its investor relations pages.
What the IR history shows
The cash acquisition of New Relic by Francisco Partners and TPG valued the company at about $6.5 billion, or $87.00 per share in cash, when it was announced on 07/31/2023. The deal took New Relic off the New York Stock Exchange and ended regular stock quotations.
New Relic stated that its shareholders approved the merger at a special meeting held in October 2023, clearing the way for closing shortly thereafter, as documented in its transaction shareholder approval announcement. Following completion, the company stopped filing quarterly and annual reports with the SEC as a listed issuer.
Background and sector context
With New Relic now privately held, investors who once followed the stock mainly track the broader observability and application performance monitoring sector. Direct listed peers today include Datadog, Dynatrace and Elastic, which still publish quarterly earnings and trade on the Nasdaq or NYSE.
Valuations in the observability space have historically depended on recurring revenue growth, dollar-based net expansion rates and operating margin progress. Those metrics, regularly disclosed while New Relic was public, are now only visible to its private owners and lenders, which limits transparency for former public-market investors.
How the company makes money
New Relic generates revenue by providing a cloud-based observability platform that helps software teams monitor applications, infrastructure and logs. Its core offering, the New Relic One platform, is typically sold on a subscription basis with usage-linked pricing in many cases.
Where the stock trades today
New Relic stock is no longer traded on a public exchange after completion of its sale to Francisco Partners and TPG, so there is no current listed market price or trading venue for the former ticker.
Key facts on New Relic
- Company: New Relic Inc.
- ISIN: US65351P1021
This article was AI-assisted and editorially reviewed. Price and company data without warranty; prices and dates may change at short notice. No investment advice, no buy or sell recommendation. Trading securities involves risk up to total loss of capital.
