Greenville, SC – July 2, 2013 – Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) today announced that it has completed the acquisition of the Retail Solution Group (“RSG”) of Agilysys, Inc., through a newly-formed company. The new, standalone company is named Kyrus Solutions, Inc. (“Kyrus” or the “Company”). The transaction was first announced on June 3, 2013.
Santa Monica, CA – June 28, 2013 – Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) today announced that it has completed the previously announced acquisition of the North American Rental and Tubular Services divisions of Archer Limited, through a newly- formed company. The new, standalone company is named IronGate Energy Services (“IronGate” or the “Company”). The transaction was first announced on May 22, 2013.
Santa Monica, CA, and Chicago, IL – June 20, 2013 – Clearlake Capital Group, L.P. (“Clearlake”) and Inventus, LLC (“Inventus” or the “Company”) today announced that Clearlake has acquired Inventus, a leading electronic data discovery (“EDD”) solutions provider to global law firms, Fortune 1000 corporations, and government agencies. Clearlake led the investment group, which included the Inventus management team and Cerca Group LLC (“Cerca Group”), a private investment firm based in New York City. Terms of the transaction were not disclosed.
Tokyo and Omaha, June 17, 2013 - NTT, the world's largest global IT and telecommunications services company, and Solutionary, a leading pure-play Managed Security Services Provider, today announced the two companies have entered into a definitive agreement for NTT to acquire Solutionary, a privately held company based in Omaha, Nebraska, in an allcash transaction. The acquisition is subject to regulatory approvals and other customary closing conditions and is expected to close in the third quarter of 2013.
Santa Monica, CA – June 3, 2013 – Clearlake Capital Group, L.P. (“Clearlake”) today announced definitive agreements to acquire the Retail Solutions Group (“RSG”) of Agilysys, Inc., through a newly- formed affiliate, Kyrus Solutions, Inc. (“Kyrus Solutions” or the “Company”). The transaction is expected to close in the early summer.
CHINO, CA--(Marketwire - February 6, 2013) –Jacuzzi Group Worldwide, parent company of Jacuzzi Hot Tubs, Sundance Spas and ThermoSpas Hot Tub Products, announces today that it has acquired the Dimension One Spas business. Dimension One is a premium manufacturer and seller of hot tubs and swim spas, which began operations in 1977.
Santa Monica, CA – January 03, 2013 – Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) today announced the closing of its third private equity fund, Clearlake Capital Partners III, L.P. (“Clearlake III” or the “Fund”), with more than $785 million in equity commitments. Clearlake III exceeded its original target of $600 million and its original hard cap of $750 million.