Vista executes cross-fund deal in Datto-Autotask merger

Vista Equity, private equity, Robert Smith, Datto, Autotask, merger, M&A
Robert Smith, founder, chairman and CEO of Vista Equity Partners, speaks at the Milken Institute Global Conference in Beverly Hills, California, on May 2, 2016. Photo courtesy Reuters/Lucy Nicholson - RTX2CIE6
  • Announced acquisition of Datto last year
  • Merged Foundation Fund II portfolio company Autotask with Datto
  • Foundation Fund II LPs held Autotask at about 2.8x
Vista Equity Partners recently structured an interesting deal in creating a new platform investment in its sixth flagship fund. Vista in December closed the acquisition of Datto, which provides data-protection services for businesses. Terms weren’t disclosed. As part of the transaction, ...

This content is available for Buyouts subscribers only. Request a free trial to get access for a limited period

If you already have an active Buyouts subscription, please sign in to view this article.

Digital Edition

To read a digital copy of our latest magazine

click here

PE News Briefs