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Clearlake Capital-Backed Firm to Acquire Rogue Wave Software
MINNEAPOLIS, MN and SANTA MONICA, CA – January 22, 2019 – Perforce 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 Rogue Wave Software (“Rogue Wave”), a leading independent provider of cross-platform software developer tools and embedded components. The combination of Perforce and Rogue Wave delivers a full suite of solutions that measurably improves developer productivity while fueling DevOps at scale. This is the sixth acquisition by Perforce in the last two years since embarking on an aggressive growth strategy to expand its portfolio across the technology development lifecycle. Terms are not being disclosed. The acquisition is expected to close in early February of this year. Rogue Wave provides market-leading solutions that help enterprises optimize software development and build, connect, and secure applications while reducing risk. The company
One Rock Capital Affiliate Acquires CastFutura S.p.A.
NEW YORK, December 19, 2018 – One Rock Capital Partners, LLC (“One Rock”) announced that one of its affiliates, Robertshaw, a global engineering and manufacturing company focused on controls and solutions for residential white goods and commercial appliances, acquired CastFutura S.p.A. (“CastFutura”), a leading provider of combustion, safety and ignition products for cooking and heating applications. Since its founding in 1969, CastFutura has built a strong reputation and track record for offering innovative and reliable products for gas systems including burners, thermocouples, spark plugs, igniters and switch harnesses. CastFutura employs approximately 750 employees and has operations in Bulgaria, Poland, Hungary, Italy and Brazil along with CastFutura’s headquarters and engineering center in Terno D’Isola, Italy which is approximately 30 miles outside of Milan. “CastFutura is a strategic acquisition for Robertshaw that broadens our cooking presence in Europe, South America and the Middle East. The acquisition reinforces Robertshaw’s commitment to serving customers
Clearlake Capital-Backed Janus International Announces Acquisitions
Temple, GA Dec 13, 2018 – 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. Janus also announced today the acquisition of Active Supply and Design (CDM) Ltd (“ASD”), one of Europe’s top installers and self-storage systems solutions providers. The combination of Janus’ European operations and ASD will continue to develop,
Clearlake Capital Acquires TEAM Technologies
Santa Monica, CA and Morristown, TN – November 15, 2018 – 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. Headquartered in Morristown, Tennessee, TEAM Technologies supports its customers across the entire product lifecycle, beginning with in-house design and innovation capabilities, through delivery via its best-in-class, highly automated manufacturing and packaging capabilities. The investment from Clearlake will enable TEAM Technologies to accelerate growth organically by continuing to build on a successful product development pipeline and sales strategy, as well as through acquisitions. Marshall White, President and CEO of TEAM Technologies, will continue to lead the
Siris Capital Completes Sale of Intralinks Holdings in $1.5B Deal
WINDSOR, Conn., Nov. 16, 2018 /PRNewswire/ — SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), a global provider of financial services software and software-enabled services, today announced it has completed the acquisition of Intralinks Holdings, Inc. Intralinks is a leading financial technology provider for the global banking, deal making and capital markets communities. Intralinks facilitates strategic initiatives including mergers and acquisitions, capital raising and investor reporting by enabling and securing the flow of information. Intralinks also provides the leading investor communications platform for private equity and hedge fund professionals with the largest hosted community of general and limited partners for the alternative investments industry. Intralinks brings to SS&C over 800 employees globally and more than 4,000 clients including banks, alternative and blue chip corporate clients. “We are excited about the technology and expertise that Intralink’s brings to SS&C,” said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. “Intralinks and SS&C share
One Rock Portfolio Company to Acquire CastFutura S.p.A.
Itasca, IL — October 26, 2018 – Robertshaw, a global engineering and manufacturing company focused on controls and solutions for residential white goods and commercial appliances, announced today that it has signed a definitive agreement with Star Capital SGR and other shareholders to acquire 100%of CastFutura S.p.A., a leading provider of combustion, safety and ignition products for cooking and heating applications. Since its founding in 1969, CastFutura has built a strong reputation and track record for offering innovative and reliable products for gas systems including burners, thermocouples, spark plugs, igniters and switch harnesses. “As part of Robertshaw’s growth strategy, the acquisition of CastFutura expands our cooking presence in Europe, South America and the Middle East and reinforces Robertshaw’s commitment to our customers and to the markets that we serve,” said Mark L. Balcunas, CEO and President of Robertshaw. Marco Bonfigli, CEO of CastFutura, said “We are excited to be joining
Neuberger Berman Acquires Insurance-Linked Strategies Manager and Affiliated Reinsurer
New York, November 1, 2018 – Neuberger Berman has broadened its alternative investment platform through the acquisition of specialist asset manager Cartesian Re, which with its affiliate Iris Re, manages more than $1 billion in assets under management (AUM) focusing on the insurance-linked strategies (ILS) asset class. Cartesian Re was developed as a portfolio company of Cartesian Capital Group, which will work with Neuberger Berman to deliver ILS capabilities to clients globally. The addition of Cartesian Re illustrates Neuberger Berman’s continued focus on diversifying its alternative capabilities, particularly with strategies offering returns uncorrelated with financial markets. Cartesian Re will be renamed NB Insurance-Linked Strategies and its affiliated Bermuda reinsurer, Iris Re, will be renamed NB Reinsurance Ltd. Led by Managing Partner Peter Yu, Cartesian Capital Group is a global private equity firm with $3 billion in committed AUM. In 2009, Cartesian Capital Group founded Cartesian Re as an ILS manager
Pharos Capital Recapitalizes Post-Acute Care Provider Charter Health Care Group
DALLAS and NASHVILLE, Tenn., Oct. 30, 2018 /PRNewswire/ — Pharos Capital Group, LLC (“Pharos”), a private equity firm based in Dallas and Nashville, announced it has made a majority investment in Charter Health Care Group (“Charter”), a leading provider of post-acute care services based in Southern California. Founded in 2006 by industry veterans Fred Frank and Sabina Del Rosario, Charter offers a variety of post-acute care programs including hospice, home health, transitional care, and palliative care services. Terms of the transaction were not disclosed. The transaction forms the basis for Pharos’s post-acute care platform, which will focus on building and acquiring high-quality hospice and home health companies that manage healthcare needs across the post-acute care continuum while also working to improve the patient experience and lower the costs of care for those patients. “We are excited to establish a platform in the rapidly growing post-acute care segment of the healthcare
Clearlake Capital-Backed Wheel Pros Acquires ReadyLIFT
SANTA MONICA, CA and GREENWOOD VILLAGE, CO – October 29, 2018- 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. ReadyLIFT designs, manufactures, and distributes suspension leveling products and lift kits for the truck, jeep, and sport utility vehicle markets. It also offers accessories through its AMI Styling brand, as well as value-branded suspension kits through its RuggedLift brand. Wheel Pros currently serves more than 10,000 retailers with a global network of 33 distribution centers spanning North America and Australia. Founded in 1995, Wheel Pros has a portfolio of 12 proprietary brands with more than 300 custom wheel styles, including some of the most recognized designs in the industry. “Suspension, lift, and leveling kits are a
Wicks Group Portfolio Company Acquires IdentityForce Inc.
August 15, 2018 EZShield, a portfolio company of The Wicks Group (“Wicks”) and the leader in digital identity protection and resolution, today announced it has acquired IdentityForce, the #1 rated identity theft protection provider for businesses and consumers. The acquisition expands EZShield’s identity protection ecosystem by nearly 50 percent, providing partners in every industry, businesses of all sizes, and consumers with the most secure capabilities and rapid restoration services. The pervasiveness of cyber fraud incidents and data breaches is estimated to cost $6 trillion annually by 2021. “IdentityForce is a trusted, top-ranked leader in identity theft protection and their business is comprised of a highly customer-centric team of experts who are committed to combatting identity theft,” said Dale Dabbs, President and CEO of EZShield. “Whether it’s EZShield’s focus on exceptional customer service or robust cybersecurity tools, or IdentityForce’s award-winning mobile app and Social Media Identity Monitoring features, our companies bring