AmQuip Holdings LLC (the "Company") and Clearlake Capital Group, L.P. ("Clearlake") today announced that Clearlake has completed its acquisition of AmQuip from a consortium of investors including Altpoint Capital Partners LLC. AmQuip is a leading provider of manned and bare rental lifting solutions to the North American energy, industrial, and other end markets. Financial terms of the transaction were not disclosed.
Futuris Automotive ("Futuris"), a leading global automotive components supplier, today announced the expansion of its North American business with the opening of a new manufacturing facility and design center in Newark, CA, one of several such facilities planned as part of Futuris’ growth and investment strategy in North America. Futuris’ Newark facility is 160,000 square feet, and includes state-of-the-art, vertically integrated equipment to manufacture automotive seating and interior systems. It will also include a design and craftsmanship studio as well as testing, validation and quality centers, and is expected to grow quickly to circa 400 employees.
Tolt Solutions, Inc. ("Tolt"), backed by Clearlake Capital Group, L.P. ("Clearlake"), today announced that it has acquired the Unity Managed Network Services division ("Unity"), a leading provider of retail and distributed enterprise network design, implementation, and managed services, from iPass Inc. As a result of the acquisition, Tolt will now offer managed network and security services to its extensive retail customer base.
Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake") and ConvergeOne today announced that Clearlake has completed the acquisition of ConvergeOne, a leading independent provider of innovative communications solutions and managed services to enterprises globally. Terms were not disclosed.
TM Forum Live!, Nice, France – 3rd June 2014 – MYCOM software business, the leading independent provider of carrier-grade Service and Network Performance solutions, today announced that it has acquired OSI, a leading Fault Management and Service Impact provider, to extend and enhance its market leading Service Assurance product portfolio for Communications Service Providers (CSPs). MYCOM is backed by Clearlake Capital Group, a private investment firm. Terms of the transaction were not disclosed.
Santa Monica, CA, May 14, 2014 – Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake") today announced that it has reached a definitive agreement to acquire ConvergeOne (the "Company"), a leading independent provider of innovative communications solutions and managed services to enterprises globally.
Santa Monica, CA, and New York, NY, February 13, 2014 – Bluefly, Inc. today announced that retail industry veteran and former Bluefly CEO Melissa Payner has rejoined the Company as Chief Merchandising Officer, effective immediately. Bluefly, a leading eCommerce retailer of designer, contemporary and private label apparel and accessories, was acquired by affiliates of Clearlake Capital Group in May 2013.
Santa Monica and San Francisco, CA, and New York, NY, February 12, 2014 – Bluefly, Inc. today announced that CrunchFund has joined Clearlake Capital Group in its investment in the Company. Terms of CrunchFund’s investment were not disclosed. Separately, Bluefly announced that it has tapped industry veteran Jeffrey Sherman as senior advisor to its Board of Directors. Bluefly, a leading eCommerce retailer of designer, contemporary and private label apparel and accessories, was acquired by affiliates of Clearlake Capital Group in May 2013.
Houston, TX – IronGate Energy Services, a leading provider of rental and tubular services to oil and natural gas exploration and production operators in North America, today announced that is has acquired Green Light Energy Services, a provider of rental services to exploration and production operators in the Williston Basin of North Dakota. Green Light’s rental services provide work string components and also pressure control, completion, and production related equipment and services.
Santa Monica, CA and Seattle, WA – Clearlake Capital Group, L.P. and NetMotion Wireless today announced that wireless industry veteran and Clearlake Operating Advisor Erik Prusch has joined NetMotion as Chief Executive Officer, effective immediately. NetMotion, a leading provider of enterprise mobility management software and solutions, was acquired by affiliates of Clearlake in September 2012. Mr. Prusch succeeds interim CEO and Clearlake Operating Advisor, Chris Gibbons, who will continue to serve as the Chairman of NetMotion’s Board.