Vancouver’s ScalePad has acquired Backup Radar, an end-to-end automation platform for backup monitoring, reporting, and compliance, for an undisclosed sum.
ScalePad is a developer of a SaaS platform for asset management and automation. ScalePad is trusted by over 9,000 partners in 76 countries and 60% of the MSP 501 to maximize their profitability, improve productivity, and provide a better IT experience for their clients.
Founded in 2015 by Patrick Leonard, Vancouver-and-Louisiana-based Backup Radar has nearly 1,000 MSP partners monitoring over 375,000 backups daily, protecting more than 23,000 client organizations around the world.
Both ScalePad and Backup Radar provide IT service providers and their clients with the ability to achieve better technology outcomes through data-driven insights, automation, and scalability.
“I am thrilled that Backup Radar partners and employees are joining ScalePad,” said Leonard regarding the acquisition. “With ScalePad’s veteran leadership and hyper-focus on IT service providers, the combined organization will provide Backup Radar with the tools needed to continually impress partners and their clients.”
“We are excited to welcome Backup Radar employees and partners to ScalePad,” said ScalePad CEO Dan Wensley. “While we share hundreds of partners globally, our plan is to leverage our combined resources to deliver increased value and enhanced services to all partners and both platforms while maintaining each products’ independence in the market. Both companies share the same vision and DNA, making the addition of Backup Radar to ScalePad a perfect fit.”
ScalePad received a significant, non-control, equity investment from Integrity Growth Partners (IGP) in July 2021. The investment marked the first time ScalePad has raised outside capital since its founding six years ago.
The partnership with IGP was struck to enable accelerated growth in key business areas, including acquisitions.
“We see a tremendous opportunity in the MSP market and Backup Radar was a natural fit with ScalePad’s people, partners and platform. We look forward to working with Dan and his team on future acquisitions that will strengthen their position as a leading technology provider for MSPs worldwide,” stated Doyl Burkett, managing partner and founder at IGP.
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