Solarwinds Backup - O365 backup Tape

Does Solarwinds Backup for Office 365 provide the ability to backup to on premise storage device or to an On prem Tape Library?  Or is the solution purely to cloudstorage nodes

What are the installation Requirements for Solarwinds Backup solution, where can I find a document the lays out the installation and configuration requirements for Solarwinds Backup.?

We are looking for a solution that will provide us the ability to backup our Office 365 (Exchange, SharePoint, OneDrive) to onsite disk and Tape for recovery and long-term Legal and compliance purposes?