Marlin Equity Partners has acquired Zetta Inc, a provider of cloud-based backup and disaster recovery solutions and merged it with portfolio company Arcserve, a provider of data protection and recovery software. No financial terms were disclosed.
LOS ANGELES, July 11, 2017 – Marlin Equity Partners (“Marlin”) is pleased to announce that it has acquired Zetta, Inc. (“Zetta”), a leading provider of cloud-based backup and disaster recovery solutions. Zetta’s backup as a service offering allows organizations to quickly and reliably protect, access and recover physical and virtual data in the cloud while the company’s disaster recovery as a service product enables organizations to protect critical applications, data and servers in the event of a disaster. Zetta has been merged with Arcserve, a Marlin portfolio company, adding new multi-tenant, cloud-based functionality to Arcserve’s existing product offering and creating one of the largest and most comprehensive global providers of data protection and recovery solutions.
“The acquisition of Zetta represents a significant next step in realizing our vision to advance the data protection industry towards disaster avoidance and prevention,” said Mike Crest, CEO of Arcserve. “With Zetta, we now have the ability to offer a complete end-to-end product suite with near real-time cloud recovery and help our customers avoid the financial consequences of downtime and the loss of critical data across all platforms and delivery methods.”
“The combination of Zetta’s direct-to-cloud backup and disaster recovery capabilities with Arcserve’s high availability and replication technology significantly enhances the value proposition each company provides its respective customers,” said Michael Anderson, a principal at Marlin. “We look forward to further investing in the combined company’s next-generation cloud solutions and extending these new technologies across Arcserve’s global footprint.”
About Marlin Equity Partners
Marlin Equity Partners is a global investment firm with over $6.7 billion of capital under management. The firm is focused on providing corporate parents, shareholders and other stakeholders with tailored solutions that meet their business and liquidity needs. Marlin invests in businesses across multiple industries where its capital base, industry relationships and extensive network of operational resources significantly strengthen a company’s outlook and enhance value. Since its inception, Marlin, through its group of funds and related companies, has successfully completed over 100 acquisitions. The firm is headquartered in Los Angeles, California with an additional office in London. For more information, please visit www.marlinequity.com.
Arcserve is a leading provider of data protection and recovery software that gives organizations the assurance that they can recover their data and applications when needed. Launched in 1990, Arcserve provides a comprehensive solution for cloud, virtual and physical environments, delivered on-premise or in the cloud, backed by unsurpassed support and expertise. Arcserve Unified Data Protection (UDP), available on Arcserve’s appliance or the customer’s hardware, drives a full range of highly efficient and integrated data protection capabilities through a simple, web-based user console. The company has a customer base of 45,000 end users in more than 150 countries and partner base of 7,500 distributors, resellers and service providers around the world. Arcserve is headquartered in Minneapolis, Minnesota. For more information, please visit www.arcserve.com.