GE Capital Finances Inventus Acquisition
GE Capital’s Telecom, Media and Technology (TMT) financing business announced it served as administrative agent on a senior secured credit facility to support the acquisition of Unified OS by Inventus Solutions, a Clearlake Capital Group portfolio company. GE Capital Markets served as sole lead arranger and bookrunner on this facility.
“We enjoy a beneficial financing relationship with the team at GE Capital, and in this instance, their experience in the technology sector provided added value. In addition, their ability to speak for the entire credit facility and underwrite and execute quickly made them an ideal financing partner for this transaction,” said Behdad Eghbali and Prashant Mehrotra, of Clearlake Capital.
“Inventus’s excellent position in the growing EDD market, plus Clearlake’s invaluable strategic partnership, will position the company for accelerated growth,” said Matthew Fleming, managing director with GE Capital’s TMT business. “We look forward to supporting management and Clearlake.”
Inventus is a discovery management practice focused on helping clients reduce the costs and risks associated with the discovery process.
Unified is a provider of eDiscovery and managed review services to leading corporations, law firms and government agencies operating across Europe.
Clearlake Capital Group is a private investment firm.
Chicago-headquartered Inventus provides technology-enabled electronic data discovery and managed services for Fortune 1000 corporations, global law firms and government agencies to manage the legal discovery process.