Spotlight

An archive of past spotlight issues.

 

The martinwolf team tracks noteworthy mergers and acquisitions, and offers
commentary on issues that impact our industry. Here is an archive of past

Top Avaya Partner ConvergeOne Acquired by Private Equity Firm

ConvergeOne, one of the largest Avaya channel partners in the world, has a new owner.

The solution provider, which specializes in managed services and unified communications, was acquired by private equity firm Clearlake Capital Group for an undisclosed amount. Clearlake purchased ConvergeOne from Genstar Capital, another private investment firm that bought the solution provider in 2007.

“We have enjoyed a great partnership with Genstar,” said John McKenna, CEO of ConvergeOne, in a press statement. “We look forward to partnering with Clearlake to continue to differentiate the company by focusing on managed services and innovative technology solutions. Clearlake’s proven track record and substantial resources will be instrumental in adding lasting value to our business.”

Read the full article here.

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17 Mar 2020

martinwolf COVID-19 Response

With all the news and concern surrounding COVID-19 and its resultant market impact, we at martinwolf wanted to reach out. First, and above all, to say that we hope...