Channel programs News

Kaseya To Acquire Datto For $6.2B

C.J. Fairfield

‘Combining with Kaseya brings together a broader array of technology products to create additional opportunities for MSPs,’ says Tim Weller, CEO of Datto.


Software giant Kaseya will acquire fellow vendor Datto for $6.2 billion through an all-cash deal.

“This is exciting news for Kaseya’s global customers, who can expect to see more functional, innovative and integrated solutions as a result of the purchase,” Fred Voccola, CEO of Miami-based Kaseya, said in a statement. “Datto has a legendary commitment to its customers and employees. The alignment of our missions and focus makes us a natural fit that will help our greatly appreciated customers reach new levels of success.”

The transaction was a sale from Vista Equity Partners, which owned 69 percent of Datto prior to its sale to Kaseya. The acquisition will be funded by an equity consortium led by Insight Partners, with investments from TPG, Temasek and Sixth Street, according to a news release.

Norwalk, Conn.-based Datto provides a range of tools targeting how MSPs run their business and support customers. The company is known in the investor community for its 2020 IPO, giving it a high profile in an industry known as a stronghold of privately held businesses.

[Related: Datto CEO Tim Weller: Security Is The Top Priority]

Michael Goldstein, CEO of LAN Infotech, a Fort Lauderdale, Fla.-based MSP who partners closely with both Datto and Kaseya, said the combination of the two companies creates a competitive differentiation against ConnectWise and N-able.

“This allows Kaseya to leapfrog ahead of the competition by adding all this technology together. Now, Kaseya’s product SKUs are endless,” said Goldstein. “It brings two big MSP-focused companies—Datto is 100 percent MSP-focused and Kaseya is up there too—so it’s bringing together a lot of great technology and combining a great backup strategy out there. There are great features that we’ll see from the Datto-Autotask side onto the Kaseya VSA side and VMS side. Now MSPs can have a pretty amazing combination of products.”

Under the agreement, Datto stockholders will receive $35.50 per share in a transaction, which values Datto at about $6.2 billion. The offer represents a 52 percent premium to Datto’s unaffected stock price of $23.37 as of March 16, 2022, according to a news release.

“Datto has always been committed to creating world-class technology for SMBs and delivering it through our global network of MSPs to align our growth with the channel. Combining with Kaseya brings together a broader array of technology products to create additional opportunities for MSPs,” said Tim Weller, CEO of Datto, in a statement. “I’m encouraged by the continued investment in the rapidly expanding global MSP community, and this transaction is another important validation of the channel.”

The transaction is expected to close in the second half of 2022.




CJ Fairfield

CJ Fairfield is an associate editor at CRN covering solution providers, MSPs and distributors. Prior to joining CRN, she worked at daily newspapers, including The Press of Atlantic City in New Jersey and The Frederick News-Post in Maryland. She can be reached at

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