An affiliate of Mill Point Capital (Mill Point Capital), a middle-market private equity firm focused on control-oriented investments in the IT services, business services and industrials sectors in North America, has acquired CrashPlan Group (CrashPlan) from Code42 Software, Inc (Code42) in a corporate carve-out transaction.
CrashPlan is a leading provider of cloud-based endpoint data backup and recovery software.
Launched in 2007, CrashPlan’s proprietary, purpose-built software provides continuous endpoint data protection and minimises data governance issues and security risks across an organisation. CrashPlan ensures reliability and ease-of-use through unlimited storage with no file or archive size limits, consistent user experience across devices and platforms, single instance architecture with proven scalability and state-of-the-art encryption.
