Proget setup has stopped working

We have a trial installation setup to evaluate the product (4.3.1) and I wanted to upgrade to the latest version, (4.5.3) but the installer crashes just after extracting the files.

From the eventlog:

Application: ProGet.Setup.exe
Framework Version: v4.0.30319
Description: The process was terminated due to an unhandled exception.
Exception Info: System.Data.SqlClient.SqlException
at System.Data.SqlClient.SqlInternalConnectionTds..ctor(System.Data.ProviderBase.DbConnectionPoolIdentity, System.Data.SqlClient.SqlConnectionString, System.Data.SqlClient.SqlCredential, System.Object, System.String, System.Security.SecureString, Boolean, System.Data.SqlClient.SqlConnectionString, System.Data.SqlClient.SessionData, System.Data.ProviderBase.DbConnectionPool, System.String, Boolean)
at System.Data.SqlClient.SqlConnectionFactory.CreateConnection(System.Data.Common.DbConnectionOptions, System.Data.Common.DbConnectionPoolKey, System.Object, System.Data.ProviderBase.DbConnectionPool, System.Data.Common.DbConnection, System.Data.Common.DbConnectionOptions)
at System.Data.ProviderBase.DbConnectionFactory.CreatePooledConnection(System.Data.ProviderBase.DbConnectionPool, System.Data.Common.DbConnection, System.Data.Common.DbConnectionOptions, System.Data.Common.DbConnectionPoolKey, System.Data.Common.DbConnectionOptions)
at System.Data.ProviderBase.DbConnectionPool.CreateObject(System.Data.Common.DbConnection, System.Data.Common.DbConnectionOptions, System.Data.ProviderBase.DbConnectionInternal)
at System.Data.ProviderBase.DbConnectionPool.UserCreateRequest(System.Data.Common.DbConnection, System.Data.Common.DbConnectionOptions, System.Data.ProviderBase.DbConnectionInternal)
at System.Data.ProviderBase.DbConnectionPool.TryGetConnection(System.Data.Common.DbConnection, UInt32, Boolean, Boolean, System.Data.Common.DbConnectionOptions, System.Data.ProviderBase.DbConnectionInternal ByRef)
at System.Data.ProviderBase.DbConnectionPool.TryGetConnection(System.Data.Common.DbConnection, System.Threading.Tasks.TaskCompletionSource1<System.Data.ProviderBase.DbConnectionInternal>, System.Data.Common.DbConnectionOptions, System.Data.ProviderBase.DbConnectionInternal ByRef) at System.Data.ProviderBase.DbConnectionFactory.TryGetConnection(System.Data.Common.DbConnection, System.Threading.Tasks.TaskCompletionSource1<System.Data.ProviderBase.DbConnectionInternal>, System.Data.Common.DbConnectionOptions, System.Data.ProviderBase.DbConnectionInternal, System.Data.ProviderBase.DbConnectionInternal ByRef)
at System.Data.ProviderBase.DbConnectionInternal.TryOpenConnectionInternal(System.Data.Common.DbConnection, System.Data.ProviderBase.DbConnectionFactory, System.Threading.Tasks.TaskCompletionSource1<System.Data.ProviderBase.DbConnectionInternal>, System.Data.Common.DbConnectionOptions) at System.Data.SqlClient.SqlConnection.TryOpenInner(System.Threading.Tasks.TaskCompletionSource1<System.Data.ProviderBase.DbConnectionInternal>)
at System.Data.SqlClient.SqlConnection.TryOpen(System.Threading.Tasks.TaskCompletionSource`1<System.Data.ProviderBase.DbConnectionInternal>)
at System.Data.SqlClient.SqlConnection.Open()
at Inedo.ProGet.Setup.ProGetInstallerOptions.ReadDbInfo(System.Version)
at Inedo.Installer.InstallerApplication.Run[System.__Canon, mscorlib, Version=4.0.0.0, Culture=neutral, PublicKeyToken=b77a5c561934e089],[System.__Canon, mscorlib, Version=4.0.0.0, Culture=neutral, PublicKeyToken=b77a5c561934e089],[System.__Canon, mscorlib, Version=4.0.0.0, Culture=neutral, PublicKeyToken=b77a5c561934e089]
at Inedo.ProGet.Setup.App.Main(System.String[])

Product: ProGet
Version: 4.5.3

It's likely that the user installing does not have the ability to access the database defined in the configuraiton files on disk. So, make sure to run as a user that has DBO on those databases.