Deals
Vista-Backed Datto Explores Options Including Possible Sale
- Private equity firms have expressed takeover interest
- Software maker’s shares recover much of lost ground since IPO
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Software maker Datto Holding Corp. is exploring strategic options including a potential sale after receiving takeover interest, according to people familiar with the matter.
Datto is working with a financial adviser to solicit interest from potential suitors, the people said, asking not to be identified because the matter is private. Private equity firms have already expressed interest in Datto, one of the people said.