The Carlyle Group Acquires NetMotion Wireless from Clearlake Capital
August 15, 2016
The Carlyle Group has signed a binding agreement to acquire NetMotion Wireless, a Seattle-based provider of mobile performance management software, from Clearlake Capital Group. NetMotion — which employs about 114 people and serves more than 3,500 organizations across utilities, healthcare, telecommunications, government and other sectors — will be scaled internationally with equity provided by two Carlyle funds.
- Buyers
- The Carlyle Group, Carlyle Europe Technology Partners III, Carlyle U.S. Equity Opportunity Fund II L.P.
- Targets
- NetMotion Wireless, Inc.
- Sellers
- Clearlake Capital Group
- Industry
- Software
- Location
- Washington, United States
- Transaction Type
- Buyout
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