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Ropes & Gray Advises TPG and Sixth Street Partners in Kaseya’s $6.2 Billion Acquisition of Datto

Practices: Private Equity, Leveraged Finance, Securities & Futures Enforcement

Ropes & Gray advised TPG and Sixth Street in an agreement by which Kaseya will acquire Datto, a leading global provider of security and cloud-based software solutions. Under terms of the agreement, Datto stockholders will receive $35.50 per share in a transaction that values Datto at approximately $6.2 billion. The all-cash transaction will be funded by an equity consortium led by Insight Partners with significant investment from TPG, Temasek and Sixth Street. 

The transaction was announced on April 11 in a press release. 

The Ropes & Gray team that advised TPG and Sixth Street was led by private equity partners Jay Freedman and James C. Davis, and included private equity counsel Andrea Conzatti, leveraged finance partner Alyson Gal, and litigation & enforcement partner Jonathan Klarfeld.

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