NEW YORK, NY - Clearlake Capital Group (together with its affiliates, "Clearlake"), an investment firm that integrates private equity, leveraged finance and special-situations investing, today announced that it led $125 million in financing for GoAmerica, Inc.
ANNAPOLIS, Md., /PRNewswire-FirstCall/ -- CompuDyne Corporation (Nasdaq: CDCY) announced today the completion of the merger of the Company with Patriot Acquisition Corp., an affiliate of The Gores Group, LLC.
HACKENSACK, N.J., - GoAmerica, Inc. (NASDAQ: GOAM), a provider of communications services for people who are deaf, hard-of-hearing, or speech-disabled, today announced the execution of a definitive merger agreement with Hands On Video Relay Services, Inc. for $35.0 million in cash and 6.7 million shares of GoAmerica common stock.
ANNAPOLIS, Md.--(BUSINESS WIRE)--CompuDyne Corporation (NASDAQ:CDCY), an industry leader in sophisticated security products, integration and technology for the public security markets, announced that it has signed a definitive purchase agreement to be acquired by an investor group consisting of affiliates of The Gores Group, LLC and industry executive Stuart Mackiernan. Clearlake Capital Group, L.P. has committed to provide debt and equity financing to the investor group in the transaction.
HACKENSACK, N.J., - GoAmerica, Inc. (NASDAQ: GOAM) today announced the execution of a definitive agreement under which it will acquire the assets of Verizon's Telecommunications Relay Services (TRS) division for $50 million in cash and up to an additional $8 million in contingent cash consideration. This acquisition will be financed by the issuances of new GoAmerica preferred stock and debt totaling $65 million to Clearlake Capital Group, pursuant to agreements and a commitment letter executed concurrently with the Verizon agreement.
ALISO VIEJO, Calif., (PRIME NEWSWIRE) -- Buy.com(r), the Internet Superstore(tm), today reported revenues of $462 million for 2006, an increase of 34% from 2005. Gross profit increased 68% to $59.9 million. At the end of December 2006, the company reported in excess of 10 million cumulative customer accounts.