Clearlake Sees Vision Deal As M&A Platform In IBM i Land
May 23, 2016 Alex Woodie
Clearlake Sees Vision Deal As M&A Platform In IBM i Land
Vision Solutions, the dominant player in the market for IBM i high availability software, is being sold by Thoma Bravo to Clearlake Capital Group. The transaction, which is expected to be completed by the end of June, will give Clearlake a platform for pursuing more acquisitions in the IBM i ecosystem, a spokesperson with the company told IT Jungle. Thoma Cressey, as the San Francisco-based private equity firm was then known, obtained Vision Solutions with its acquisition of Idion Technology Holdings way back in September 2006 |