We advised the initial lenders and initial investors on the financing

Davis Polk advised the initial lenders and initial investors in connection with a $3.3 billion senior secured term facility, a $200 million senior secured delayed draw term facility, a $200 million senior secured revolving facility and a $1 billion preferred equity financing to support the acquisition of Datto, Inc. by Kaseya Inc., a portfolio company of Insight Venture Management, LLC.

Datto is a leading global provider of security and cloud-based software solutions purpose-built for managed service providers (MSPs). Datto’s solutions help its global ecosystem of MSP partners serve over one million businesses around the world. Since its founding in 2007, Datto has received numerous awards for its product excellence, superior technical support and rapid growth, as well as for fostering an outstanding workplace.

Kaseya is an international software company that produces remote management software for the information technology industry. Founded in 2000, Kaseya strives to provide industry-leading solutions and currently services more than 40,000 organizations around the world.

Insight Venture Management is a leading global private equity and venture capital firm.

The Davis Polk finance team included partners Jason Kyrwood, Kenneth J. Steinberg, Meyer C. Dworkin and Nicholas A. Palumbo, counsel Demian von Poelnitz, Randy Dorf, Andrei Takhteyev and Ruben N. Henriquez and associates Zachary R. Frimet, Mario Babić, Charlie Russak, Bryan Mendiola and Matthew Vallade. All members of the Davis Polk team are based in the New York office.

Copy link to share post