Smart Sand, Inc. (NASDAQ:SND), a pure-play, low-cost producer of high quality Northern White raw frac sand, announced today that it has completed the $42.75 million acquisition of Quickthree Solutions, Inc., a manufacturer of portable vertical frac sand storage solutions at the wellsite.
Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), a leading global private equity and alternative asset investment firm, announced today that Dyal Capital Partners (“Dyal”), a division of Neuberger Berman, and Goldman Sachs Asset Management’s Petershill program (“Petershill”), along with existing partner, Landmark Partners (“Landmark”), have made a strategic minority investment in Clearlake.
Perforce Software (“Perforce”), a global provider of solutions to enterprise teams requiring productivity, visibility and scale during all phases of the technology development lifecycle, backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), today announced the acquisition of UK-based Programming Research Ltd. (“PRQA”), a leading provider of sophisticated, enterprise-grade static code analysis. The acquisition expands the Perforce portfolio of solutions by adding PRQA’s family of Static Code Analyzers that assess software reliability, security and compliance while reducing development time.
Clearlake Capital Group, L.P. (together with certain affiliates, “Clearlake”) today announced that it has acquired Wheel Pros Holdings, LLC (“Wheel Pros” or the “Company”) in partnership with the Company’s management team. Wheel Pros is a leading designer, marketer, and distributor of branded automotive aftermarket wheels, performance tires, and accessories. Financial terms of the transaction were not disclosed.
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.