Menu
Autotask and Datto to merge in MSP mega play

Autotask and Datto to merge in MSP mega play

Merger combines back-up and disaster recovery solutions with IT service management capabilities

Autotask and Datto have unveiled plans to join forces, with the mega merger set to shake-up the managed services market across the channel.

Terms of the agreement will see Datto be acquired by Vista Equity Partners, an investment firm focused on software, data and technology-enabled businesses.

As a result, the vendor will now come under the same roof as Autotask, which has been owned by Vista since June 2014, combining back-up and disaster recovery solutions with IT service management capabilities.

“We're thrilled to bring together the complementary skills and world-class service of two global market leaders, Autotask and Datto,” Vista Equity Partners co-founder and president Brian Sheth said.

“Over the past three years, we have worked closely with the Autotask team to accelerate growth and expand its Unified Platform.

“Bringing Autotask together with Datto's impressive talent and deep expertise in backup and networking solutions will take us to the next level and deliver extraordinary tools and services to managed service providers [MSPs] worldwide.”

According to Sheth, Vista’s simultaneous acquisition of Datto and merger with Autotask immediately provides “significant opportunities” for channel partners.

Specifically, the combination of both product sets will target MSPs and IT service providers across the market, offering capabilities such as service delivery, professional services automation, back-up and disaster recovery, networking continuity, file sync and share, and remote monitoring and management.

From a logistics perspective, the joint entity will have approximately 1,300 employees with offices in nine countries, bolstered by 13,000 customers servicing more than 500,000 SMBs in 125 countries worldwide.

“We’re honoured to be joining forces with both the world’s premier software investor, Vista Equity Partners, and with Autotask, the provider of the most essential tools for the MSP space,” Datto founder and CEO Austin McChord added.

“This unique combination of talent with a track record of success marks a new chapter that will make an even bigger impact for our MSP partners, by delivering an unprecedented set of capabilities for them to serve millions of small businesses in the future.”

In developing business continuity solutions for over 100,000 companies around the world, Datto’s suite of services includes back-up and disaster recovery, cloud-to-cloud backup services for software-as-a-service (SaaS) applications and network continuity services.

A combined management team will lead the merged entity with McChord as CEO, while Autotask CEO Mark Cattini will work closely as a strategic advisor to the board of directors.

“With the powerful combination of the Autotask Unified PSA-RMM platform and Datto’s industry leading business continuity solutions, together we can now deliver unprecedented innovation and unmatched levels of value and service to our customers and partners worldwide,” Cattini added.

“This merger marks a natural step in our evolution as we continue to bring more managed service offerings to the channel.

"We look forward to using our combined scale to do even more to help our customers grow, succeed and increase profitability. We are excited to get going."

The transaction, which is subject to customary closing conditions and regulatory approvals is expected to close in the fourth quarter of 2017, with terms of the deal not disclosed.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags MSPManaged ServicesautotaskDatto

Featured

Slideshows

The making of an MSSP: a blueprint for growth in NZ

The making of an MSSP: a blueprint for growth in NZ

Partners are actively building out security practices and services to match, yet remain challenged by a lack of guidance in the market. This exclusive Reseller News Roundtable - in association with Sophos - assessed the making of an MSSP, outlining the blueprint for growth and how partners can differentiate in New Zealand.

The making of an MSSP: a blueprint for growth in NZ
Reseller News Platinum Club celebrates leading partners in 2018

Reseller News Platinum Club celebrates leading partners in 2018

The leading players of the New Zealand channel came together to celebrate a year of achievement at the inaugural Reseller News Platinum Club lunch in Auckland. Following the Reseller News Innovation Awards, Platinum Club provides a platform to showcase the top performing partners and start-ups of the past 12 months, with more than ​​50 organisations in the spotlight.​​​

Reseller News Platinum Club celebrates leading partners in 2018
Meet the top performing HP partners in NZ

Meet the top performing HP partners in NZ

HP has honoured its leading partners in New Zealand during 2018, following 12 months of growth through the local channel. Unveiled during the fourth running of the ceremony in Auckland, the awards recognise and celebrate excellence, growth, consistency and engagement of standout Kiwi partners.

Meet the top performing HP partners in NZ
Show Comments