Daily News: December 2, 2016

Credit Suisse, Others Support Syncsort Acquisition of Trillium


Syncsort, a Clearlake Capital Group-backed company, signed a definitive agreement with Harte Hanks to acquire Trillium Software, a provider of data quality solutions.

Credit Suisse, Antares Capital and SunTrust Robinson Humphrey provided debt financing for the transaction.

The acquisition of Trillium will be the largest in Syncsort’s history. The transaction is subject to regulatory approvals and other customary closing conditions.

The combination of Syncsort and Trillium’s complementary product set will enable enterprise customers to seamlessly harness all their valuable data assets.

“With most large enterprises making significant investments in Big Data for business and operational analytics, core data integration and data quality workloads are moving into Hadoop at a rapid pace,” said Josh Rogers, CEO, Syncsort.

“As a pioneer in bringing high-performance data integration software to the Hadoop ecosystem, Syncsort sees an opportunity to extend our unique value with Trillium’s proven, best-of-breed data quality products. We look forward to working closely with Trillium’s customers and investing in the great products they have come to rely on.”

Syncsort is a provider of enterprise software and Big Iron to Big Data solutions.

Clearlake Capital Group is a private investment firm founded in 2006.