Lytx, Inc. (“Lytx”), the global leader in video-based telematics and analytics to fleets worldwide, today announced that it has entered into a new investment partnership with Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”).
Clearlake Capital Group, L.P. (“Clearlake”), a leading investment firm with a sector-focused approach, announced today it has completed fundraising for Clearlake Capital Partners V (“Fund V”) with over $3.6 billion in commitments.
Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) today announced that it has acquired Provation Medical, Inc. (“Provation” or the “Company”), a leading software solution provider for intelligent procedure documentation, from Wolters Kluwer. The Company will continue to be led by CEO David Del Toro, who will join the Board of Directors.
ConvergeOne Holdings, Inc. (NASDAQ: CVON, CVONW), a leading global IT services provider of collaboration and technology solutions, today announced that it has completed the transaction to acquire Arrow Electronics’ Systems Integration business, specializing in unified communications, contact center, and voice and data technologies.
Forum Merger Corporation (“Forum”), and ConvergeOne, Inc., a leading global IT services provider of collaboration and technology solutions, today announced that they have completed their previously announced business combination. The business combination was approved at a special meeting of stockholders of Forum on February 20, 2018, and closed on February 22, 2018. In connection with the transaction, Forum has changed its name to ConvergeOne Holdings, Inc. (“ConvergeOne” or the “Company”).
ConvergeOne, a leading global IT services provider of collaboration and technology solutions, today announced that it has signed an agreement to acquire Arrow Electronics’ Systems Integration business, specializing in unified communications, contact center, and voice and data technologies. Completion of the transaction is expected to occur within 30 days. This acquisition further solidifies ConvergeOne’s position as a leading provider of collaboration and IT-enabled solutions in the market today.
Diligent Corporation (“Diligent”), a portfolio company of Insight Venture Partners and the market leader in enterprise governance management (“EGM”) software solutions, today announced that it has received a strategic minority investment from Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”).
Gravity Oilfield Services Inc. (“Gravity” or the “Company”) today announced it has signed an exclusive, multi-year agreement with Callon Petroleum Company (“Callon”) to provide fresh water to Callon’s operations in the Southern Delaware and Midland basins in the Permian Basin.
Clearlake Capital Group, L.P. (together with certain affiliates, “Clearlake”) today announced that it has agreed to acquire Janus International Group, LLC (“Janus” or the “Company”) in partnership with the Company’s management team. Janus is a leading global turnkey supplier of premium doors, hallway systems, locks, interior solutions and ancillary technologies. Financial terms of the transaction were not disclosed.
Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) today announced that it has acquired Perforce Software (“Perforce” or the “Company”), developer of the industry’s most flexible, scalable and secure version control and collaboration platform, from growth equity investor Summit Partners. The Company will continue to be led by Janet Dryer, CEO, and Mark Ties, COO, who will both join the Board of Directors alongside Clearlake. Financial terms were not disclosed.