Clearlake Capital buys ConvergeOne: UPDATED
Genstar Capital Management has sold ConvergeOne to Clearlake Capital. Financial terms weren’t announced. Eagan, Minn.-based ConvergeOne provides data, communications, collaboration, and customer interaction solutions and managed services. UPDATE: In a separate statement, Clearlake said Credit Suisse and BMO Capital Markets are providing debt financing. William Blair advised ConvergeOne, while BMO and Credit Suisse provided financial advice to Clearlake.


