Clearlake Capital to Acquire ConvergeOne from Genstar Capital

• ConvergeOne, a provider of communications solutions and managed services to global enterprises, announced today that it was being acquired by Clearlake Capital, a private equity firm.
• ConvergeOne is currently a portfolio company of Genstar Capital, which first invested in ConvergeOne in 2007.
• Financial information for the transaction was not disclosed.
martinwolf Transaction Analysis