News

Syncsort Acquires Cogito to Enhance Growing Big Iron to Big Data Software Portfolio and Database Expertise
August 23, 2016

Syncsort, a global leader in Big Data and mainframe software, today announced that it has completed the acquisition of Cogito Ltd., maker of specialized software that can access IBM z Systems mainframe data, significantly improve the performance of IBM DB2® and CA IDMS™ database management systems on IBM z/OS, and lower mainframe costs for the world’s largest enterprises. This is Syncsort’s third acquisition of a UK-based mainframe software company, all of which deepened its capability to bridge the gap between Big Iron and Big Data.

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Clearlake Capital Group Announces Sale of NetMotion Wireless to The Carlyle Group
August 15, 2016

Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) announced today that NetMotion Wireless, Inc. (“NetMotion” or the “Company”), a provider of mobile security software solutions, has entered into a definitive agreement to be acquired by The Carlyle Group (NASDAQ: CG; “Carlyle”). The transaction is expected to close in the third quarter of 2016, subject to normal closing conditions and regulatory approvals. Financial terms were not disclosed.

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Clearlake Capital Backed AmQuip Crane Rental Acquired by Affiliates of Apollo Global Management
August 4, 2016

Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) announced today that AmQuip Crane Rental LLC (“AmQuip” or the “Company”), a leading lifting solutions and crane rental provider to industrial clients across North America, has been acquired by certain funds managed by affiliates of Apollo Global Management, LLC (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”). The transaction was completed on July 29, 2016 and financial terms were not disclosed.

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Clearlake Capital Completes Acquisition of Vision Solutions
June 20, 2016

Clearlake Capital Group, L.P. together with its affiliates (“Clearlake”) today announced that it has completed the acquisition of Vision Solutions, Inc. (“Vision” or the “Company”), a global data protection, high availability and cloud migration software provider with a proven track record of technological innovation on the IBM Power Systems, Windows, and Linux platforms. Financial terms of the transaction were not disclosed.

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Ashley Stewart Acquired by The Invus Group from Clearlake Capital Group and FirePine Group
June 6, 2016

Ashley Stewart, Inc (“Ashley Stewart” or the “Company”) today announced that an affiliate of The Invus Group LLC (“Invus”), in partnership with senior management, has acquired a controlling interest in the Company from affiliates of Clearlake Capital Group, L.P. (“Clearlake”) and FirePine Group, LLC (“FirePine Group). Terms were not disclosed.

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Clearlake Capital to Acquire Vision Solutions
May 12, 2016

Clearlake Capital Group, L.P. together with its affiliates (“Clearlake”) today announced that it has reached a definitive agreement to acquire Vision Solutions, Inc. (“Vision” or the “Company”) – a global data protection, high availability and cloud migration software provider with a proven track record of technological innovation on the IBM Power Systems, Windows, and Linux platforms – from private equity investment firm Thoma Bravo, LLC. Financial terms of the transaction were not disclosed.

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Funds Affiliated with Apollo Global Management to Acquire AmQuip Crane Rental and Maxim Crane Works
May 2, 2016

Funds managed by affiliates of Apollo Global Management, LLC (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) announced today that they have signed definitive agreements to acquire AmQuip Crane Rental (“AmQuip”) from affiliates of Clearlake Capital Group, L.P. (“Clearlake”) and Maxim Crane Works (“Maxim”) from affiliates of Platinum Equity. Upon the closing of these transactions, Apollo intends to combine Maxim and AmQuip, creating a premier lifting solutions provider with a modern crane rental fleet comprised of more than 1,950 cranes, a comprehensive set of value-added service capabilities and a broad geographic footprint across North America. The proposed transactions are subject to regulatory approval and customary closing conditions. Financial terms of the transactions were not disclosed.

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Clearlake Capital Acquires That’s How We Roll, LLC, Maker of Premium Branded Snack Offerings Mrs. Thinsters and Dippin’ Chips
March 21, 2016

Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) announced that it has acquired That’s How We Roll, LLC (“THWR” or the “Company”), a leading provider of high quality, branded, better-for-you snacks in North America, including flagship brands Mrs. Thinsters and Dippin’ Chips. The acquisition was completed as part of Clearlake’s recently announced Better For You Holdings platform. Transaction terms were not announced.

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Clearlake Capital Group Leads Recapitalization of Globe Energy Services
March 17, 2016

Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake") and Globe Energy Services, LLC (“Globe” or the “Company”) today announced that Clearlake has led the successful recapitalization of Globe in partnership with the Company’s management team and other existing stakeholders. Terms of the transaction were not disclosed.

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Clearlake Capital Group Announces Better For You Holdings and Strategic Partnership with Halen Brands Founders Jason Cohen and Leigh Feuerstein
March 11, 2016

Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) today announced the launch of Better For You Holdings, a new platform focused on investments in emerging food and health & wellness trends. Through its Better For You platform, Clearlake is partnering with food industry veterans Jason Cohen and Leigh Feuerstein of Halen Brands, a recently-formed venture focused on investing in dynamic, high growth segments within the food products sector.

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