Clearlake- and TA-Backed Ivanti Acquires Cherwell Software
March 25, 2021
Ivanti, backed by Clearlake Capital and TA Associates, has completed the acquisition of Cherwell Software to extend its Ivanti Neurons hyperautomation platform and broaden enterprise service management, no-code/low-code capabilities. The deal integrates Cherwell’s IT service management technology into Ivanti’s unified endpoint management and zero-trust security portfolio to deliver end-to-end service and personalized employee experiences.
- Buyers
- Ivanti, Inc., Clearlake Capital Group, L.P., TA Associates
- Targets
- Cherwell Software
- Platforms
- Ivanti, Inc.
- Industry
- Software
- Location
- Colorado, United States
- Transaction Type
- Addon
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