Announced
Completed
Financials
Tags
Productivity Software
United States
Majority
Domestic
Acquisition
Single Bidder
Software
Completed
Private
Private Equity
Friendly
Synopsis
Mill Point Capital, a private equity investment company, completed the acquisition of CrashPlan, a developer of cloud-based endpoint data backup and recovery software, from Code42 Software, a developer of data security and recovery software platform. Financial terms were not disclosed. “CrashPlan is a remarkable product, which has a unique ability to protect individuals and organizations simultaneously. We see strong opportunities to build on our existing features and deliver value to our customers while helping everyone sleep a little better at night," Mason Swenson, CrashPlan Vice President of Product.
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