Datto has now merged with Autotask and is officially owned by Vista Equity Partners as of this week, the company has confirmed.
Although rumours were rife that the company was going to be merged with Autotask and this was confirmed in October, it's now official, with Datto announcing the changes afoot in a statement.
The merger and simultaneous acquisition will mean it becomes one of the largest MSPs operating in the world, covering both on-demand IT management and data protection.
“With a small and medium-sized business (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-dounder and president of Vista Equity Partners.
Datto has revealed its leadership team will be overhauled as a result of the merger and acquisition, with Datto CEO and founder, Austin McChord leading the company. Patrick Burns, Autotask's vice president of product management and Adam Stewart, senior vice president of engineering will both join Datto's board.
As part of its revamp, the two channel businesses will be merged too, with more than 13,000 MSPs servicing 500,000 SMBs around the world.
“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 Datto’s founder and CEO, Austin 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.”
McChord 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.”
