Clearlake Capital Group, L.P. (“Clearlake”), a leading private investment firm, today announced several senior executive appointments and promotions. Patrick Gilligan joined the firm as a Managing Director focusing on investor relations and marketing, and Xavier A. Gutierrez has joined the firm as a Managing Director focusing on operations, client services and other strategic initiatives. Colin Leonard has been named Partner, James Pade has been named a Principal, and Paul Huber and Nate Mejías have been promoted to Vice President.
ConvergeOne, a leading IT services provider of collaboration and technology solutions, today announced that it has acquired Annese & Associates, Inc., a Cisco Gold Certified Partner and IT thought leader based in New York.Effective immediately, Annese is now Annese, a ConvergeOne Company. This acquisition solidifies ConvergeOne’s position as a leading provider of Collaboration and IT enabled Solutions in the market today.
Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) today announced a definitive agreement to merge enterprise software providers Syncsort Incorporated (“Syncsort”) and Vision Solutions, Inc. (“Vision”) as well as the simultaneous sale of a significant ownership position in the combined company to Centerbridge Partners, L.P. (“Centerbridge”).
Vision Solutions, Inc., a leading provider of business resilience solutions for IBM Power Systems and a portfolio company of Clearlake Capital Group, L.P., announced it has completed the acquisition of Enforcive Systems, Ltd. (formerly BSafe), a global provider of IT security and compliance management solutions with an impressive track record of innovation on IBM i, IBM AIX, IBM z/OS, Windows and Linux platforms.
Ivanti, a Clearlake Capital backed company and a leader in integrating and managing the IT digital workplace, today announced it has acquired RES Software, a digital workspace software company focused on improving the consumption of IT services through secure, automated workspace and identity provisioning.
Jacuzzi Brands LLC today announced the completion of two acquisitions: Hydropool Hot Tubs and Swim Spas (Hydropool) and BathWraps. Hydropool is a leading, global manufacturer and seller of swim spas and hot tubs. BathWraps is a leading supplier of bathware sold through premiere remodeling dealers in the U.S. Terms were not disclosed.
GlobeLTR Energy Inc. (“GlobeLTR” or the “Company”), a portfolio company of affiliates of Clearlake Capital Group, L.P. (“Clearlake”), today announced it has closed the acquisition of West Texas H2O, LLC (together with its affiliates, “WTH2O”), an established Permian Basin based fresh and produced water solutions provider. Financial terms of the transaction were not disclosed.
ConvergeOne, a leading global provider of state-of-the-art communications and data solutions, today announced that it has signed an agreement to acquire Rockefeller Group Technology Solutions (RGTS), a Unified Communications as a Service pioneer based in New York. Required regulatory and government approvals to complete the transaction will occur in the coming weeks.
Today, Ivanti (backed by Clearlake Capital) announced that it has acquired Concorde Solutions (“Concorde”), a leading provider of SaaS software asset management (SAM) solutions, specializing in managing software licensing complexity in the data center across hybrid IT environments. This acquisition, Ivanti’s ninth in five years, extends the company’s IT Asset Management (ITAM) offerings, providing customers with additional insights and control to help organizations model and improve their effective software license position.
Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) announced that in partnership with management it has completed the acquisition of NetDocuments (the “Company”), the leading provider of secure cloud-based document management, email management, and collaboration solutions to law firms and corporate legal and compliance departments. Financial terms were not disclosed.