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Clearlake Capital Group completes ConvergeOne acquisition

Clearlake Capital Group has completed the acquisition of ConvergeOne, a provider of communications solutions and managed services.

Terms of the deal have not been disclosed.
ConvergeOne offers one source for multivendor solutions – from initial design and implementation through ongoing consulting, technical support, and managed services across the spectrum of IT, contact centre solutions, and unified communications.
ConvergeOne maintains strategic relationships with global solution leaders, including Avaya, Cisco Systems, IBM, Interactive Intelligence and Microsoft. It has more than 4,100 customers, including 46 per cent of the Fortune 100 companies.
“As global opportunities continue on a strong trajectory, ConvergeOne is uniquely positioned to serve the large and growing unified communications market, while further expanding our service offering and technology capabilities with the added investment from Clearlake,” says John McKenna, chairman and CEO of ConvergeOne. “As communications infrastructure becomes increasingly complex, we will continue to be the leader in providing best-in-class solutions and value-added services to customers worldwide.”
“With its customer centric culture, innovative technology solutions and leading managed services offering, ConvergeOne is uniquely positioned to grow organically and benefit from significant investment as an acquisition platform,” says Behdad Eghbali, a founding partner of Clearlake. “We are excited to partner with the ConvergeOne management team and its many talented employees as the company prepares for its next phase of growth.”

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