Announced

Clearlake acquired TEAM Technologies from Riverside.

Synopsis

Clearlake Capital Group acquired TEAM Technologies, in partnership with management, from The Riverside Company. TEAM Technologies is a leading custom design and manufacturing partner to many of the world’s leading brands in the dental, medical, and cosmetic industries. Financial terms were not disclosed. “TEAM Technologies has long been a trusted innovation partner and a recognized supply chain leader across several highly attractive end markets. Our investment reflects our confidence in Marshall and his team’s ability to continue delivering the highest quality products and solutions to customers, and the unique opportunity to sponsor an attractive platform in a dynamic, but fragmented market. Jose E. Feliciano, Clearlake Co-Founder and Managing Partner.

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MergerLinks - Clearlake acquired TEAM Technologies from Riverside.