Janus International Group, LLC (“Janus”), the leading global manufacturer and supplier of turn-key building solutions and new technology for the self-storage industry, today announced the acquisition of Nokē, Inc. (“Nokē”) the creator of high tech smart locking solutions. The acquisition will allow both companies to continue to develop and enhance the SecurGuard® Smart Entry System that was released earlier this year. The Smart Entry System has modernized access control in self-storage by allowing tenants mobile access to their unit, gates, man-doors, and elevators. With an electronic lock on every unit door, the system provides peace of mind for both tenants and operators along with unprecedented individual door security.
Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), today announced that it has completed its acquisition of symplr (or the “Company”), a leading healthcare governance, risk and compliance (“GRC”) software-as-a-service (“SaaS”) platform, from Pamlico Capital and The CapStreet Group. The Company will continue to be led by Rick Pleczko, CEO, and Tres Thompson, CFO, who will join the Board of Directors.
Clearlake Capital Group, L.P. (together with certain affiliates, “Clearlake”), in partnership with Mycom Group Limited’s (“Mycom” or the “Company”) Founder and Chairman Siamak Sarbaz and management, today announced that it has closed the sale of Mycom to Inflexion Private Equity. Mycom principally goes to market as MYCOM OSI, a leading software company providing service assurance, analytics, and automation solutions to blue chip mobile Communications Service Providers (“CSPs”). Financial terms of the transaction were not disclosed.
Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), a leading private investment firm, today announced the formation of Knight Energy Services (“Knight Energy” or the “Company”) through the merger of its portfolio companies IronGate Energy Services and Knight Oil Tools. The newly-formed Knight Energy is one of the largest independent rental tool companies serving the North American oil and gas industry.
Clearlake Capital Group, L.P. (together with certain affiliates, “Clearlake”) today announced that it has acquired TEAM Technologies Inc. (“TEAM Technologies” or the “Company”), in partnership with Company management, from The Riverside Company. TEAM Technologies is a leading custom design and manufacturing partner to many of the world’s leading brands in the dental, medical, and cosmetic industries. Financial terms of the transaction were not disclosed.
Angeles Equity Partners, LLC (“Angeles”), a private investment firm focused on value creation through operational transformation, and Clearlake Capital Group, L.P. (“Clearlake”), a leading private investment firm, today announced their portfolio company American Construction Source (ACS) has acquired Arrow Building Center (ABC) headquartered in Stillwater, Minnesota. Financial terms of the transaction were not disclosed.
ConvergeOne Holdings, Inc. (Nasdaq: CVON, “ConvergeOne” or the “Company”), a leading global IT and managed services provider of collaboration and technology solutions, today announced that it has entered into a definitive agreement to be acquired by affiliates of CVC Fund VII ("CVC") in an all-cash transaction valued at approximately $1.8 billion.
Wheel Pros, a leading designer, marketer, and distributor of branded automotive aftermarket wheels, performance tires, and accessories, today announced that it has acquired ReadyLIFT, a leading designer and distributor of suspension, lift, and leveling kits. Financial terms of the transaction were not disclosed.
OnShift, Inc., a cloud-based human capital management (“HCM”) software provider for the long-term post-acute care (“LTPAC”) market, today announced that it has received a strategic equity investment from Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), a leading private investment firm, with participation from the Ziegler Link•Age Fund II, L.P., a private equity fund focused on the post-acute and aging marketplace, and existing investor Health Velocity Capital. Financial terms of the transaction were not disclosed.
Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) today announced that it has signed a definitive agreement to acquire symplr (or the “Company”), the leading healthcare governance, risk and compliance (“GRC”) software-as-a-service (“SaaS”) platform, from Pamlico Capital and The CapStreet Group. The Company will continue to be led by Rick Pleczko, CEO, and Tres Thompson, CFO. Financial terms were not disclosed.