Datto (now Kaseya)

exited

Software — Vista Equity Partners → Insight Partners (Kaseya)

Deal Terms

Entry Year2017

Entry EV$1.5B

Entry Multiple10x

Leverage5x

Debt Amount$0.75B

Outcome

Exit Year2022

Risk Metrics

LTV (est.)50%

Debt / EV0.50x

Notes

Vista backed MSP backup/recovery SaaS. IPO'd 2020. Kaseya (Insight Partners-backed) acquired for $6.2B (2022). Kaseya itself was hit by massive REvil ransomware attack (2021) affecting 1,500+ businesses. PE-backed IT infrastructure = cost-cutting on security.

Sponsor

Partners Group$185B AUM