With backing from leading investors Clearlake, Charlesbank and TA, Ivanti will continue leadership in IT Automation and further accelerate M&A strategy
Ivanti, Inc. (“Ivanti”), the automation platform that makes every IT connection smarter and more secure, announced the close of the strategic investment from Charlesbank Capital Partners, LLC (“Charlesbank”) to accelerate growth. Charlesbank, a leading private investment firm managing more than $8 billion of capital, has joined existing investors Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) and TA Associates (“TA”) as an institutional shareholder in Ivanti. Terms of the transaction were not disclosed.
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Ivanti provides solutions that automate IT and security operations, enabling customers to discover, manage, secure and service their IT infrastructure from cloud environments to edge devices. Ivanti’s software is utilized by more than 40,000 customers across various industries and five continents, and its solutions allow administrators to discover IT assets on-premises, in the cloud and at the edge; improve IT service delivery; and reduce risk with insights and automation.
The additional capital from Charlesbank will enable Ivanti’s to extend its market-leading position further through product innovation and acquisitions. It comes on the heels of the Ivanti Neurons automation platform being named a winner in the Globee® Awards and shortlisted for both the 2021 SC Awards Europe and the Computing AI & Machine Learning Awards. Ivanti’s will continue to be led by CEO and Chairman Jim Schaper and the current management team.
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“Charlesbank shares the same values and commitment to serving customers as Ivanti’s,” said Jim Schaper, Ivanti’s Chairman and CEO. “Charlesbank was attracted to Ivanti’s because of the positive momentum we are achieving and, quite frankly, because they believe in our vision. With this investment, we will be able to accelerate our organic growth complemented with continued strategic acquisitions and expand our portfolio of solutions.”
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