Spotlight

An archive of past spotlight issues.

 

The martinwolf team tracks noteworthy mergers and acquisitions, and offers
commentary on issues that impact our industry.

September 19,2018

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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22 Apr 2025

HOIST has received a Growth Investment from WestView Capital Partners

Financial Information Financial information was not disclosed Transaction Details Hoist Global Tech Solutions, a leading global systems integrator and services provider focused on IFS’s suite of enterprise software, announced that it received a growth investment from WestView Capital Partners, a Boston-based growth equity firm focused exclusively on partnering with middle market growth companies. martinwolf Analysis Sole...

13 Jan 2025

Martinwolf Celebrates 28 Years

View a pdf of this letter here.    Dear Valued Clients and Friends, As martinwolf celebrates 28 years of helping clients navigate the complexities of middle market IT M&A, I want to express my heartfelt gratitude for your trust and partnership. This milestone reflects the dedication, expertise, and collaboration of our entire team —and the...

24 Apr 2024

Celestica (NYSE: CLS) to Acquire NCS Global from Heritage Holding

Financial Information Enterprise Value: $36M (and a possible earnout payment should certain post-closing financial conditions be met) Transaction Details Celestica has entered into a definitive agreement to acquire NCS Global, a US-based IT infrastructure and asset management business. The transaction is expected to close in May 2023 or earlier, subject to satisfaction of customary closing...