Kaseya Acquires Datto for $6.2 Billion with Funding Led by Insight Partners

June 23, 2022

Kaseya has completed its $6.2 billion all-cash acquisition of Datto, taking the company private at $35.50 per share. The transaction was funded by an equity consortium led by Insight Partners with significant investments from TPG and Temasek and participation from Sixth Street; Datto will continue to operate as an autonomous brand from Norwalk, Connecticut while being integrated into Kaseya's IT Complete platform.

Buyers
Kaseya, Insight Partners, TPG, Temasek, Sixth Street
Targets
Datto
Sellers
Vista Equity Partners, Datto stockholders
Industry
Cloud & SaaS
Location
Connecticut, United States
Transaction Type
Buyout

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