ANGELES EQUITY PARTNERS AND CLEARLAKE CAPITAL ACQUIRE ARROW BUILDING CENTER VIA AMERICAN CONSTRUCTION SOURCE
November 13, 2018Angeles 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 AGREES TO BE ACQUIRED BY CVC FUND VII FOR $1.8 BILLION
November 6, 2018ConvergeOne 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.
CLEARLAKE CAPITAL-BACKED WHEEL PROS ACQUIRES READYLIFT
October 29, 2018Wheel 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.
CLEARLAKE CAPITAL LEADS STRATEGIC INVESTMENT IN ONSHIFT
October 24, 2018OnShift, 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 TO ACQUIRE SYMPLR
October 23, 2018Clearlake 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.
CLEARLAKE CAPITAL-BACKED PERFORCE SOFTWARE TO ACQUIRE PERFECTO MOBILE
October 8, 2018Perforce Software ("Perforce"), a global provider of enterprise-grade DevOps-focused software solutions, backed by Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake"), today announced it has reached a definitive agreement to acquire Perfecto Mobile ("Perfecto"), a market leader in cloud-based automated mobile and web application test software solutions.
CLEARLAKE CAPITAL-BACKED WHEEL PROS ACQUIRES U.S. MANUFACTURING FACILITY FROM AMERICAN EAGLE
October 4, 2018Wheel Pros, a leading designer, marketer, and distributor of branded automotive aftermarket wheels, performance tires, and accessories, today announced plans to establish new U.S. manufacturing and distribution operations.
PROVATION ADDS TOM MONTELEONE AS CFO AND JIM MULLEN AS SVP OF GLOBAL SALES
October 2, 2018Provation, a leading clinical productivity software provider for procedure documentation, backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), today announced that Tom Monteleone has joined the company as Chief Financial Officer and Jim Mullen has joined as Senior Vice President of Global Sales. Their additions reflect Provation’s continued commitment to bringing best-in-breed software solutions to healthcare professionals and operating a world-class organization.
ANGELES EQUITY PARTNERS AND CLEARLAKE CAPITAL ACQUIRE COLORADO LBM BUSINESSES VIA AMERICAN CONSTRUCTION SOURCE
October 2, 2018Angeles 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 Edwards Building Center and Breckenridge Building Center in Colorado. Financial terms of the transaction were not disclosed.
CONVERGEONE ACQUIRES ADVANTEL NETWORKS
October 1, 2018ConvergeOne Holdings, Inc. (Nasdaq: CVON), a leading global IT services provider of collaboration and technology solutions, today announced that it has acquired Advantel Networks, a premier solutions integrator headquartered in San Jose, California.
