Announced
Completed
Financials
Tags
Friendly
security services
Public
Acquisition
United States
Software
Majority
Single Bidder
Cross Border
Security Services
Completed
Synopsis
Kaseya, a provider of unified IT management and security software, completed the acquisition of Datto, a firm engaged in providing cloud-based software and technology solutions, for $6.2bn. Insight Partners, TPG Capital, Temasek and Sixth Street also participate in the deal. “This is exciting news for Kaseya’s global customers, who can expect to see more functional, innovative and integrated solutions as a result of the purchase. The alignment of our missions and focus makes us a natural fit, that will help our greatly appreciated customers reach new levels of success. We couldn’t be more excited about what lies before us - Kaseya and Datto will be better together to serve our customers," Fred Voccola, Kaseya CEO.
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