Datto Finalizes Acquisition by Vista Equity Partners and Merger with Autotask

Datto, Inc. finalized its acquisition by Vista Equity Partners, an investment firm focused on software, data and technology-enabled businesses.

The acquisition, first announced in late October (see below), and the simultaneous merger with Vista portfolio company Autotask Corp., have been followed by an integration between the companies. The result is a single entity designed to empower MSPs with Autotask’s in demand IT business management offerings and Datto’s data protection solutions.

As part of joining forces, Datto announced the formation of a new executive team.

Under the direction of Datto CEO and founder, Austin McChord,

The senior management will now include Patrick Burns, VP of product management and Adam Stewart, SVP of engineering of Autotask who will join the pre-existing Datto team.

“With a SMB technology market opportunity well over $600 billion by 2020, the combined strength of Datto and Autotask delivering innovative managed services and a unified platform will help MSPs power the digital transformation of the industry worldwide,” said Brian Sheth, co-founder and president, Vista Equity Partners.

The company also confirmed that it will continue to expand the footprint of the Datto brand as the go-to provider of data protection and IT management solutions. Its combined network of channel partners consists of more than 13,000 MSPs, working with more than 500,000 SMBs.

“For SMBs in need of the best technology solutions at the most competitive price, we are now better positioned than ever to be the optimal choice,” said McChord. “The positive feedback we continue to receive from our MSP community regarding our partnership with Vista, along with our successful merger with Autotask, only strengthens our ability to innovate, execute and deliver on our shared vision.”

He added: “I’m excited to work with our new executive team and would like to thank the MSPs, our dedicated employees and key advisors who have helped us reach this incredible milestone. Today’s news means Datto will be increasingly nimble in meeting the dynamic needs of MSPs from operations through service delivery, including professional services automation, backup and DR, networking continuity, file sync and share, and remote monitoring and management.”

“My business depends on both Datto and Autotask and what sets these two brands apart from other vendors is their partner-first mentality,” said Vince Tinnirello, CEO, Anchor Network Solutions, Inc. “I rely on them to grow my business and am extremely excited to see these companies come together and to find out what’s possible as they become one.”

In addition, Datto announced end of year milestones for 2017, including:
• MSP Growth: Since last year, a 30% growth in the total number of Datto MSPs in the same year over year period.
• Product Innovation: With acquisition of Open Mesh in 2016 and the launch of Datto Networking in 2017, the firm offers cost effective wireless networking solutions to more than 100,000 networks and 30 million monthly wireless users. Other products unveiled in 2017 include updates to Datto’s SIRIS and ALTO solutions in the company’s BC and DR product line, along with Autotask’s major updates to the PSA ticket interface.
• Geographic Expansion: The combined entity now has a presence in 125 nations worldwide, and in 2017 opened new offices in Frankfurt, Germany; Amsterdam, Netherlands; New York City, NY, and Portland, OR.

Read also:
Datto Acquired by Vista Equity Partners
And merged with Autotask to unify managed services platforms.
2017.10.30 | Press Release