N-able, Inc. (NABL): History, Ownership, Mission, How It Works & Makes Money

In today's dynamic IT landscape, is N-able, Inc. (NABL) a name you should know? As a global software company, N-able empowers IT service providers with remote monitoring and management, data protection, and security solutions. With a reported total revenue of $466.1 million in 2024, representing a 10.5% year-over-year growth, N-able has been recognized with a Stevie Award for great employers. Keep reading to explore N-able's journey, its unique business model, and how it's making waves in the IT solutions market.

N-able, Inc. (NABL) History

N-able, Inc. Founding Timeline

Year established

N-able was established in 2001.

Original location

The company was originally located in Ottawa, Canada.

Founding team members

The founding team included:

• Mark Scott
• Steven Revell
• Gavin Garbutt

Initial capital/funding

Information regarding the initial capital or funding for N-able's founding is not readily available in the search results.

N-able, Inc. Evolution Milestones

N-able, Inc. Transformative Moments

• Strategic Acquisitions: N-able's acquisition of key technologies and companies, such as the initial purchase of N-able Technologies by SolarWinds in 2013 and subsequent integrations, significantly broadened its service offerings and technological capabilities.
• Shift to a Pure-Play MSP Focus: The decision to separate from SolarWinds in 2021 and operate as an independent entity marked a pivotal moment, enabling N-able to dedicate its resources and strategic vision entirely to the managed service provider (MSP) market.
• Executive Leadership Changes: The appointment of John Pagliuca as CEO has steered the company towards a more focused and growth-oriented strategy, emphasizing innovation and customer success within the MSP ecosystem.

To learn more about N-able, Inc.'s financial standing, visit: Breaking Down N-able, Inc. (NABL) Financial Health: Key Insights for Investors

N-able, Inc. (NABL) Ownership Structure

N-able, Inc. operates with a mixed ownership structure, featuring a combination of institutional, insider, and retail investors. Understanding this structure provides insights into the company's governance and strategic direction.

N-able, Inc.'s Current Status

N-able, Inc. is a publicly traded company, listed on the New York Stock Exchange (NYSE) under the ticker symbol NABL. As a public entity, it is subject to regulatory oversight and reporting requirements, ensuring transparency for investors and stakeholders.

N-able, Inc.'s Ownership Breakdown

N-able's ownership is distributed among various types of shareholders. The following table summarizes the ownership percentages held by different categories of shareholders, offering a snapshot of who has significant influence over the company.

N-able, Inc.'s Leadership

The leadership team at N-able, Inc. is responsible for setting the strategic direction and overseeing the company’s operations. Key figures include:

• John Pagliuca: Chief Executive Officer
• Tim O’Brien: Chief Financial Officer
• Jeff Nulsen: Chief Technology Officer

These individuals, along with other members of the executive team, bring a wealth of experience and expertise to the company, guiding N-able in its mission to empower managed services providers (MSPs). Delve deeper into N-able's financial standing and strategic moves: Breaking Down N-able, Inc. (NABL) Financial Health: Key Insights for Investors

N-able, Inc. (NABL) Mission and Values

N-able's mission is centered around empowering managed services providers (MSPs) with the solutions they need to support small and medium-sized enterprises (SMEs). The company values innovation, collaboration, and a commitment to customer success.

N-able's Core Purpose

Official mission statement

N-able's mission statement is: 'We empower managed services providers (MSPs) to help small and medium enterprises (SMEs) thrive.'

• This mission reflects a commitment to enabling MSPs to deliver efficient and reliable IT services to their clients.
• By focusing on the success of MSPs, N-able indirectly contributes to the growth and stability of the broader SME market.

Vision statement

While a specific, formally declared vision statement is not publicly highlighted, N-able's overall vision can be inferred from its strategic objectives and company communications. The vision is to be the leading provider of solutions that enable MSPs to:

• Scale their operations: Providing tools and platforms that allow MSPs to efficiently manage a growing client base.
• Enhance their service offerings: Equipping MSPs with the technology to offer a comprehensive suite of IT services, including security, data protection, and network management.
• Improve profitability: Helping MSPs optimize their business processes and deliver services more cost-effectively.

Company slogan/tagline

N-able uses several taglines and slogans that reflect its value proposition. These include:

• 'Enable MSPs': This tagline emphasizes the company's core focus on empowering managed service providers.
• 'Built for MSPs': Reinforces the idea that N-able's solutions are specifically designed to meet the unique needs of MSPs.
• 'Smarter Together': Highlights the collaborative approach N-able takes with its partners and customers.

To gain more insights into N-able, Inc., consider exploring this resource: Exploring N-able, Inc. (NABL) Investor Profile: Who’s Buying and Why?

N-able, Inc. (NABL) How It Works

N-able, Inc. provides cloud-based software solutions for managed service providers (MSPs) to remotely monitor, manage, and secure their clients’ IT infrastructure and end-user systems.

N-able's Product/Service Portfolio

N-able's Operational Framework

N-able operates through a multi-faceted approach that integrates software development, sales, marketing, and customer support to deliver its solutions to MSPs. Key aspects of its operational framework include:

• Product Development: N-able invests significantly in research and development to create and enhance its software solutions. This involves continuous updates, incorporating new technologies, and responding to evolving cybersecurity threats.
• Sales and Marketing: The company employs a direct sales force and works with channel partners to reach MSPs globally. Marketing efforts include digital marketing, webinars, and participation in industry events.
• Customer Support and Training: N-able provides extensive support resources, including online documentation, training programs, and technical support teams, to help MSPs effectively use its products.
• Cloud Infrastructure: N-able leverages cloud infrastructure to deliver its software as a service (SaaS), ensuring scalability, reliability, and security.
• Ecosystem Integration: N-able integrates its solutions with other IT management and security tools, providing MSPs with a comprehensive platform.

N-able's Strategic Advantages

N-able's success in the MSP market is driven by several strategic advantages:

• Comprehensive Product Suite: N-able offers a wide range of integrated solutions, allowing MSPs to manage most of their clients' IT needs through a single platform.
• MSP Focus: The company is dedicated to serving the MSP market, tailoring its products, services, and support to the specific needs of MSPs.
• Scalability: N-able’s cloud-based solutions are designed to scale with the growth of MSPs and their clients.
• Automation: N-able emphasizes automation to help MSPs improve efficiency, reduce manual tasks, and deliver services more effectively.
• Security Focus: With increasing cybersecurity threats, N-able prioritizes security in its product development, providing MSPs with tools to protect their clients.

For more information, see Mission Statement, Vision, & Core Values of N-able, Inc. (NABL).

N-able, Inc. (NABL) How It Makes Money

N-able primarily generates revenue by providing cloud-based software solutions that enable managed services providers (MSPs) to remotely monitor, manage, and secure their small and medium-sized enterprise (SME) clients' IT systems.

N-able's Revenue Breakdown

N-able's Business Economics

N-able's business economics are rooted in its subscription-based model, which provides a recurring revenue stream and fosters long-term customer relationships. Key aspects include:

• Subscription Model: The majority of N-able's revenue comes from subscriptions to its software platform. This model ensures predictable income and allows for continuous investment in product development and customer support.
• Scalability: The cloud-based nature of N-able's solutions allows it to efficiently scale its services to accommodate a growing customer base without significant increases in infrastructure costs.
• Customer Retention: By providing essential tools and support that MSPs rely on, N-able fosters strong customer loyalty, leading to high retention rates and reduced churn.
• Pricing Strategy: N-able employs a tiered pricing structure based on the number of devices or users managed by the MSP, allowing it to cater to a wide range of MSP sizes and needs.

To delve deeper into the company's guiding principles, explore the Mission Statement, Vision, & Core Values of N-able, Inc. (NABL).

N-able's Financial Performance

N-able's financial performance reflects its strong position in the MSP solutions market. Key highlights based on the 2024 fiscal year include:

• Total Revenue: N-able reported total revenue of $446.4 million for the year 2024, reflecting a growth of approximately 13% compared to the previous year.
• Subscription Revenue: Subscription revenue constituted $419.5 million of the total revenue, demonstrating the dominance of its subscription-based model.
• Adjusted EBITDA: The company's adjusted EBITDA stood at $167.9 million, showcasing its profitability and operational efficiency.
• Annual Recurring Revenue (ARR): N-able's ARR reached $465.9 million by the end of 2024, indicating the strength of its recurring revenue base.

These financial metrics underscore N-able's robust business model and its ability to generate consistent revenue growth and profitability within the competitive MSP solutions landscape.

N-able, Inc. (NABL) Market Position & Future Outlook

N-able is strategically positioned to capitalize on the growing demand for managed services solutions, particularly among small and medium-sized enterprises (SMEs). The company's future outlook appears positive, driven by its focus on innovation, strategic partnerships, and expansion into new markets.

Competitive Landscape

Opportunities & Challenges

Industry Position

N-able is a prominent player in the managed services platform market, catering specifically to managed service providers (MSPs). The company's industry standing can be further understood through these points:

• Focus on the SMB Market: N-able primarily focuses on serving small to medium-sized businesses, offering them tailored IT management solutions.
• Integrated Platform: The company provides an integrated suite of tools for MSPs, including remote monitoring and management (RMM), data backup and recovery, and security solutions.
• Partner Ecosystem: N-able fosters a strong partner ecosystem, working closely with MSPs to enable their success through training, support, and resources.
• For more insights into N-able's mission, vision, and core values, you can explore: Mission Statement, Vision, & Core Values of N-able, Inc. (NABL).