Double-Take (an Affiliate of Vision Solutions), Has Been Acquired by Carbonite

Double-Take Profile

  • Double-Take Software, Inc., an affiliate of Vision Solutions, provides high availability, disaster recovery and migration software solutions for any physical, virtual, cloud-based environment
  • The company has a strong network of channel partners and broad customer base, covering 70+ countries and ranging from SMBs to enterprises in every major vertical including Financial Services, Media and Entertainment
  • The company was acquired by Vision Solutions in 2010 and is headquartered in Irvine, CA

Carbonite Profile

  • Carbonite (NASDAQ: CARB) is a leading provider of cloud backup and restore solutions for small and mid-sized businesses
  • Carbonite was founded in 2005 and is headquartered in Boston
  • The company has more than 800 employees and has recovered more than 40 billion files for its customers

Transaction Notes

  • The sale and carve-out of Double-Take to Carbonite was announced on January 31, 2017
  • “The Vision Solutions team is focused and excited about the future.  Now, more than ever, Vision Solutions will seamlessly serve Power Systems customers and partners through a combination of innovation, reliable support, and growth execution.  Carbonite has shown an avid appreciation for the potential of the Double-Take business and technology, and we believe Double-Take customers will continue to see great success moving forward.” – Nicolaas Vlok (President & CEO, Vison Solutions)
  • Shea & Company served as the exclusive financial advisor to Double-Take, Vision Solutions and Clearlake Capital
Financial terms not disclosed
has been acquired by
Shea & Company served as the exclusive financial advisor to Double-Take, Vision Solutions and Clearlake Capital