Albany, NY. Autotask Corporation, the world’s leading provider of hosted IT business management software, has closed its acquisition by Vista Equity Partners, a leading private equity firm with approximately $11.5B in cumulative capital commitments in software, data and technology-enabled services companies. Nixon Peabody served as lead counsel to Autotask.
Founded in 2001 and headquartered in East Greenbush, NY, Autotask provides comprehensive, integrated IT business management software and solutions that enable service providers to manage their front, mid and back office through better organization, automation and optimization of business processes. “This announcement reflects our deep commitment to accelerate the value we deliver to our customers,” said Mark Cattini, president and CEO of Autotask. “We are devoted to our clients’ ongoing success and are confident that our partnership with Vista will drive innovation and growth and deliver dynamic solutions as the traditional IT landscape evolves.”
Nixon Peabody’s legal team was led by Albany Private Equity partner Todd Tidgewell, and included partners David Martland, Bob Thompson, Christian Hancey, Vincent Polsinelli, Linda Ji, and Andrew Share, counsel Stefan Boshkov, Peter Trimarchi, David Crosby, Alycia Ziarno, and Lori Bowman, associates Stacy Crosnicker, Brian Mahoney, John Moragne, Josh McMurray, Paul Dimoh, and paralegal Alicia Rotella.
This Autotask transaction comes at the end of a busy spring for the Nixon Peabody deal team, who in April closed on the sale of Treo Solutions, LLC to 3M.