Santa Monica-based private equity investor Clearlake Capital said this morning that it has acquired Tolt Services Group, an outsource, IT services company, and merged it with Kyrus Solutions, to form a new company called Tolt Solutions. Financial details of the deal were not announced. According to Clearlake Capital, the deal will create a new company with approximately 900 retail IT consultants, who provide retail point-of-sale, self-service and wireless mobility development and solutions along with deployment and maintenance services, network management solutions, and other managed services. Tolt will be based in Greenville, South Carolina.
Top NewsMonday, January 6, 2014
Clearlake Capital Buys Tolt Services Group