Marlin Equity Partners has acquired Sunnyvale, Calif.-based backup and disaster recovery solutions company Zetta Inc., and merged it with portfolio company Arcserve, an Eden Prairie, Minn.-based provider of data protection and recovery software.
Zetta’s backup as a service offering allows organizations to quickly and reliably protect, access and recover physical and virtual data in the cloud, while the firm’s disaster recovery as a service product enables organization to protect critical applications, data and servers in the event of a disaster. In integrating Zetta’s offerings with Arcserve’s existing platform, Marlin seeks to offer a new multi-tenant, cloud-based functionality and build one of the largest and most comprehensive global providers of data protection and recovery solutions.
The acquisition marks Arcserve’s second and largest thus far as it extends its capabilities in the high-growth cloud sector. The privately held company, which employs approximately 500, reported 15% annual revenue growth at over $100 million in 2016. The company serves over 45,000 end users in more than 150 countries and lists a partner base of 7,500 distributors, resellers and service providers.
“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,” said Arcserve CEO Mike Crest.