Clearlake Capital Group has completed its purchase of data protection and cloud migration software provider Vision Solutions for an undisclosed sum, the company announced on Monday.

Michael Cusanelli, Associate Editor

June 20, 2016

1 Min Read
Clearlake Acquires Vision Solutions

Clearlake Capital Group has completed its purchase of data protection and cloud migration software provider Vision Solutions for an undisclosed sum, the company announced on Monday.

“We are excited to enter a new chapter with Clearlake,” said Nicolaas Vlok, CEO of Vision Solutions. “Data protection software continues to be a high priority with growing demand from modern enterprise IT leaders. We look forward to leveraging Clearlake’s industry expertise to expand our footprint and serve the needs of our customers.”

Several Clearlake Capital executives have joined Vision Solutions’ board, including Clearlake operating advisor Keith Bradley. Clearlake announced its intentions to purchase Vision Solutions in May.

“Our investment represents a substantial commitment to Vision’s global customer base and reflects our confidence in the company as a buy and build platform to grow organically and through acquisition,” said Behdad Eghbali and Prashant Mehrotra of Clearlake, in a statement. “With the transaction now complete, Vision can leverage Clearlake’s substantial resources to propel its growth strategy and build on its lengthy track record as a leading enterprise software provider.”

Clearlake Capital recently purchased big data enterprise software provider Syncourt in October, giving the company access to Syncourt’s portfolio of open source solutions.

In April, Vision named channel veteran Chris Cleary as its latest channel chief, responsible for leading the company’s field sales and channel sales teams as well as promoting the company’s Double Take product line.

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About the Author(s)

Michael  Cusanelli

Associate Editor, Penton Technology Group, Channel

Michael Cusanelli is the associate editor for Penton Technology’s channel properties, including The VAR Guy, MSPmentor and Talkin' Cloud. He has written articles and produced video for Newsday.com and is a graduate of Stony Brook University's School of Journalism in New York. In his spare time Michael likes to play video games, watch sci-fi movies and participate in all things nerdy. He can be reached at [email protected]

 

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