Boston Meridian is pleased to announce a strategic investment in StorageCraft Technology Corporation by TA Associates. StorageCraft is a leading provider of backup, disaster recovery, system migration, virtualization and data protection solutions for physical, virtual, and hybrid environments. StorageCraft’s integrated solution provides complete system and data protection for Windows and Linux platforms of service providers, enterprises, and SMBs. These solutions significantly reduce downtime, improve security and stability for systems and data, lower total cost of ownership, and ensure reliability. In connection with the investment, Matt Medeiros has joined StorageCraft as Chairman and CEO.
“We are excited about this investment and to welcome a highly credentialed technology executive like Matt to the company,” said Jonathan W. Meeks, a Managing Director at TA Associates who will join the StorageCraft Board of Directors. “With its award-winning business continuity and disaster recovery product suite, StorageCraft has had notable success, directly and indirectly serving over 10,000 MSPs. In keeping with TA’s long-established investment approach, we will collaborate closely with Matt and his team to further grow the company.”
Boston Meridian acted as sole financial advisor to StorageCraft.
Boston Meridian is an innovative investment bank focused on providing leading M&A and capital raising advisory services to growth companies. We provide senior partner focus to achieve rapid and successful results for our clients, unlocking the strategic value of technology to yield unparalleled results.