Clearlake Capital to buy Vision Solutions
Clearlake Capital Group LP said May 12 that it agreed to buy Vision Solutions Inc from Thoma Bravo LLC. Financial terms weren’t announced. Irvine, California-based Vision Solutions provides software solutions designed to protect data, minimize downtime and maximize resources for data centers. UBS Investment Bank, Evercore and Foros served as financial advisors to Clearlake. Jefferies LLC acted as exclusive financial advisor to Vision and Thoma Bravo. Antares Capital is providing a fully underwritten facility to help finance the transaction, and will be acting as administrative agent. Clearlake professionals Behdad Eghbali, Prashant Mehrotra and Paul Huber will join the Company’s Board of Directors.
12 May 2016•4 mins read
