Marlin Equity Invests in Cloud-Based Security with Zetta Acquisition

Los Angeles-based global private equity firm Marlin Equity Partners has announced its acquisition of Zetta, a leading provider of cloud-based backup and disaster recovery software solutions.

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As part of the deal, Zetta will merge with Marlin Equity portfolio company Arcserve, a provider of data protection and recovery software founded in 1990. The Minneapolis, Minnesota-based company will now offer its customer base of 45,000 end users in over 150 countries a multi-tenant, cloud-based functionality to its existing product.

“The acquisition of Zetta represents a significant next step in realizing our vision to advance the data protection industry towards disaster avoidance and prevention,” said Mike Crest, CEO of Arcserve. “With Zetta, we now have the ability to offer a complete end-to-end product suite with near real-time cloud recovery and help our customers avoid the financial consequences of downtime and the loss of critical data across all platforms and delivery methods.”

Michael Anderson, principal at Marlin, says the newly formed entity will significantly enhance the value proposition each company provides to its customers. “We look forward to further investing in the combined company’s next-generation cloud solutions and extending these new technologies across Arcserve’s global footprint.”

Marlin has over $6.7 billion in capital under management and has successfully completed over 100 acquisitions across multiple industries.

The merged entity will compete with a growing class of disaster recovery and backup solutions providers as the cybersecurity space continues to boom. Software startups offering cloud-based solutions and comprehensive risk management platforms have garnered interest from the private equity and venture capital space in the recent period, with companies such as continuity risk management company Fusion Risk Management, AI cybersecurity player Darktrace and social media security platform ZeroFOX raking in funding to find their niche in the high growth segment.