Monday, October 26, 2015

Clearlake Capital Rolls Up IT Infrastructure Providers Pomeroy, Tolt Solutions

Santa Monica-based private equity investor Clearlake Capital has acquired and combined two, IT infrastructure companies, Pomeroy and Tolt Solutions, in a new company called the Pomeroy Group of Companies. Financial details of the acquisitions were not disclosed. Both Pomeroy and Tolt Solutions help customers deploy IT infrastructure. Clearlake Capital said the newly created Pomeroy Group company has over 4,000 employees and nearly $1 billion in annual revenues. Pomeroy was based in Hebron, Kentucky, and Tolt Solutions based in Taylor, South Carolina.