Datto owner Vista will still pull the strings following IPO, filing reveals

Josh Budd
clock • 1 min read

MSP vendor reveals that PE backer will retain controlling stake following IPO and will have major input over its future

Datto's owner Vista Equity Partners will hold on to a controlling stake over the MSP vendor following its IPO and will retain its majority voting power within the business. In an update on its original IPO filing at the end of September, Datto revealed that Vista will own roughly 72.2 per cent of common stock in Datto following the IPO. This will mean Vista will retain key powers such as controlling who is elected to Datto's board of directors, a voting majority on matters that require ...

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