Global Outlook 2024 Report


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Mill Point Capital completes carve-out of CrashPlan Group

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.

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