News

Clearlake Capital Backed Inventus Solutions to be Acquired by RPX Corporation
December 15, 2015

Clearlake Capital Group, L.P. (“Clearlake”), in partnership with management, announced that Inventus Solutions, Inc. (“Inventus” or the “Company”), a top-tier international eDiscovery services provider to Fortune 1000 corporations, global law firms and government agencies, has entered into a definitive agreement to be acquired by RPX Corporation (NASDAQ: RPXC; “RPX”). The transaction is subject to customary closing conditions and is expected to close in January 2016.

Read more »

ConvergeOne Announces Strategic Acquisition of California-based SIGMAnet
December 11, 2015

ConvergeOne, a leading global provider of state-of-the-art communications and data solutions, today announced that it has acquired SIGMAnet, a Cisco Gold Certified Partner and one of the largest IT consulting, solutions, and managed services providers in California. Effective immediately, SIGMAnet is now SIGMAnet, a ConvergeOne Company. This acquisition solidifies ConvergeOne’s position as an industry leader with one of the broadest portfolios available in the market today.

Read more »

Clearlake Capital Completes Acquisition of Big Data and Mainframe Software Leader Syncsort
November 18, 2015

Clearlake Capital Group, L.P. (“Clearlake”) today announced that it has completed the acquisition of Syncsort Incorporated (the “Company”), a global enterprise software provider with a proven track record of successful acquisitions and technology innovation across the world’s most industrial-scale data platforms. Financial terms of the transaction were not disclosed.

Read more »

Pomeroy and Tolt Solutions to Combine to Create The Pomeroy Group of Companies, a Leading Provider of IT Infrastructure Solutions and Managed Services
October 26th, 2015

Pomeroy and Tolt Solutions, recognized industry leading providers of comprehensive IT infrastructure solutions and managed services, today jointly announced that the companies will combine to become part of the newly created Pomeroy Group of Companies (“Pomeroy Group”). As part of the transaction, Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) entered into a definitive agreement to acquire Pomeroy and simultaneously back the combination of Pomeroy with Tolt Solutions. The Pomeroy Group, with over 4,000 employees and nearly $1 billion in annual revenue, will possess industry-leading IT infrastructure expertise and service capabilities across a broad set of end markets and customers.

Read more »

Communications and Data Leader ConvergeOne Announces Companywide Unification
October 19th, 2015

ConvergeOne, a leading global provider of state-of-the-art communications and data solutions, today announced that it has fully integrated its family of companies and will operate as a single entity, ConvergeOne, effective immediately. The integration is a major milestone in a long-term business strategy to acquire and develop a comprehensive portfolio that provides one of the broadest and deepest solution offerings in the industry. The move positions the Minnesotabased company as the leading single-source provider of comprehensive unified communications, data and contact center solutions in the market today. “

Read more »

Clearlake Capital to Acquire Big Data Software Provider Syncsort
October 12th, 2015

Clearlake Capital Group, L.P. (“Clearlake”) today announced that it has reached a definitive agreement to acquire Syncsort Incorporated (the “Company”), a global Big Data enterprise software provider. Financial terms of the transaction were not disclosed.

Read more »

Clearlake Capital Group Backs HEAT Software to Acquire Absolute Manage and Absolute Service Businesses from Absolute Software
September 21, 2015

HEAT Software, a portfolio company of Clearlake Capital Group, today announced that it has reached a definitive agreement to acquire Absolute Manage and Absolute Service from Absolute Software Corporation.

Read more »

Clearlake Capital Announce Investment In CNI Enterprises
June 25, 2015

Clearlake Capital Group, L.P. announced that it has sponsored the acquisition of CNI Enterprises, Inc., a provider of interior components to major North American original equipment manufacturers (OEMs) and tier one suppliers, through one of its fund portfolio companies.

Read more »

Clearlake Capital Backed Inventus Solutions, Inc. Acquires Kooby LLP
June 23, 2015

Clearlake Capital Group, L.P. (“Clearlake”), today announced that it has sponsored Inventus’s acquisition of UK-based Kooby LLP (“Kooby”). Inventus Solutions, Inc. (“Inventus” or the “Company”) is a top-tier international legal process outsourcing (“LPO”) services provider and current Clearlake portfolio company. Kooby is a UK-based software development company focused on providing project management solutions for complex eDiscovery matters. Financial terms of the transaction were not disclosed.

Read more »

Clearlake Capital Backed ConvergeOne Acquires Sunturn
May 20, 2015

ConvergeOne, a leading independent provider of best- in-class IT, communications, collaboration and customer interaction solutions and services, is pleased to announce that it has acquired Sunturn, an Avaya Platinum Partner.

Read more »

Clearlake Capital Backed ConvergeOne Acquires Mountain States Networking
May 20, 2015

ConvergeOne, a leading independent provider of best- in-class IT, communications, collaboration and customer interaction solutions and services, announced today it has acquired Mountain States Networking, a Cisco Gold Certified Partner and leading network solutions provider in the western United States.

Read more »

Sage Automotive Interiors Acquires Miko, Dinamica®
April 22, 2015

Sage Automotive Interiors (Sage) announced today that it has acquired Miko S.r.l., an Italian maker of suede-like automotive interior fabrics. Financial terms of the transaction were not disclosed.

Read more »

Clearlake Capital Backed Inventus Solutions, Inc. Acquires European eDiscovery Provider Unified OS Ltd.
March 26, 2015

Clearlake Capital Group, L.P. ("Clearlake"), today announced that it has sponsored Inventus Solutions, Inc.'s acquisition of London based Unified OS Ltd. and certain of its affiliates. Inventus Solutions, Inc. ("Inventus" or the "Company"), is a leading U.S. eDiscovery and managed services provider and current Clearlake portfolio company. Unified OS Ltd. ("Unified") is a leading provider of eDiscovery and managed review services to Fortune 1000 corporations, global law firms, and government agencies operating across Europe. Financial terms of the transaction were not disclosed.

Read more »

Clearlake Capital Group Announces Senior Appointment and Promotions
March 19, 2015

Clearlake Capital Group (Clearlake), a leading special situations private equity firm, today announced a senior executive appointment and several promotions. Fred Ebrahemi has joined the firm as General Counsel and Chief Compliance Officer, Prashant Mehrotra has been named Partner, Colin Leonard and Arta Tabaee have been named Principals, and James Pade has been promoted to Vice President, all effective immediately.

Read more »

Clearlake Sells a Majority Stake in PrimeSport to Carlyle Led Group
February 17, 2015

Clearlake Capital Group, L.P. (“Clearlake”), in partnership with management, today announced the completion of the sale of PrimeSport Holdings Inc. to The Carlyle Group (“Carlyle”), Moorad Sports Partners (“Moorad Sports”) and RSE Ventures (“RSE”). As part of the transaction, Clearlake and management rolled-over a significant equity stake in the company. Sam Soni, PrimeSport’s founder, remains CEO and continues to lead the company.

Read more »

NetMotion Well Positioned for Next Phase of Growth
February 12, 2015

Clearlake Capital Group, L.P. and NetMotion Wireless today announced that Clearlake Operating Advisor John Ferron has joined NetMotion as Chief Executive Officer and Daniel Jackson has joined NetMotion as Senior Vice President of Sales. NetMotion, a leading provider of next generation mobile security and network performance management solutions, was acquired by affiliates of Clearlake in September 2012. Mr. Ferron and Mr. Jackson have been serving at NetMotion since late 2014.

Read more »

Clearlake Capital Group to Acquire FrontRange Solutions; Will Merge FrontRange with Lumension To Form HEAT Software
February 12, 2015

Clearlake Capital Group today announced that it has reached a definitive agreement to acquire FrontRange Solutions, Inc. (“FrontRange”). Clearlake also announced that, upon closing, FrontRange and Clearlake portfolio company Lumension will merge to form HEAT Software, a global provider of hybrid service management and unified endpoint management solutions for organizations of all sizes. Terms were not disclosed.

Read more »