Datto Holding Corp.

General Information

(*Datto was priced at $27 – the top of its $24-to-$27 range – on 22 million shares on 10/20/20. Opened on 10/21/20 at $32, up 18.5 percent from its IPO price.) From the prospectus: Our mission is to create enterprise-grade technology for small and medium businesses delivered through our growing, global network of managed service provider partners. Datto is the leading provider of cloud-based software and technology solutions purpose-built for delivery through the managed service provider, or MSP, channel to small and medium businesses, or SMBs. Our platform enables our 17,000 MSP partners to manage and grow their businesses serving the SMB information technology, or SMB IT, market. Our platform also combines mission-critical cloud-based software, technologies and security solutions that MSPs sell to SMBs, business management software to help MSPs scale their own businesses and marketing tools, content, training and industry-leading events that cultivate an empowered and highly engaged MSP partner community. 

Employees: 1600
Founded: 2007
Contact Information
Address 101 Merritt 7 Norwalk, CT 06851
Phone Number 888-995-1431
Web Address http://www.datto.com
View Prospectus: Datto Holding Corp.
Financial Information
Market Cap $4018.8mil
Revenues $493.0 mil (last 12 months)
Net Income $4.6 mil (last 12 months)
IPO Profile
Symbol MSP
Exchange NYSE
Shares (millions): 22.0
Price range $27.00 - $27.00
Est. $ Volume $594.0 mil
Manager / Joint Managers Morgan Stanley/ BofA Securities/ Barclays/ Credit Suisse
CO-Managers Citigroup/ Jefferies/ RBC Capital Markets/ Evercore/ BMO Capital Markets/ Macquarie Capital/ Mizuho Securities/ William Blair/ Ramirez & Co./ Siebert Williams Shank
Expected To Trade: 10/21/2020
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change