Announced
Completed
Financials
Tags
it solutions
Private
Acquisition
Private Equity
Venture Capital
Completed
Ireland
IT Services: Other
Minority
Friendly
Single Bidder
cybersecurity
Synopsis
Private equity investment firms TPG Capital and Insight Venture Partners invested $500m in Kaseya, a provider of IT infrastructure management solutions. The financing round valued the firm at $1.7bn. “We’re excited to partner with TPG, who will help us explore opportunities to continue our growth and deepen our commitment to the market, our products, and our customers’ success. This investment validates our position as the only industry player that can offer these innovative, integrated solutions from a single pane of glass," Fred Voccola, Kaseya CEO.
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