Acronis, an MSP cybersecurity and backup provider, is being acquired by private equity firm EQT’s X Fund.
EQT, managing €246bn in assets, highlighted Acronis’ “clear value proposition” to MSPs as a key investment factor.
Johannes Reichel, EQT’s Co-Head of Technology, stated, “EQT has followed the company’s journey for many years and continues to be impressed by its performance and innovative strength.”
The founders, management, and existing investors, including CVC, Springcoast, and BlackRock Private Equity Partners, will retain significant minority stakes.
Acronis CEO Ezequiel Steiner (pictured) said, “Having EQT as a major shareholder will help support our strategic expansion and share our vision for growth.”
Pending regulatory approval, the deal is expected to close in Q1-Q2 2025.
