Clearlake to Sell NetMotion to Carlyle Group
Palo Alto – August 17, 2016 – Cooley is advising private equity firm Clearlake Capital on its agreement to sell NetMotion Wireless to the Carlyle Group. NetMotion Wireless is a mobile security and performance management software company that accelerates business-critical applications, hybrid networks and mobile devices. The deal is expected to close later this quarter.
Cooley has a longstanding relationship with Clearlake, advising the firm on various transactions and portfolio matters since 2011. Most recently, Cooley represented Clearlake on its acquisition of Vision Solutions from Thoma Bravo and the sale of AmQuip Crane Rental to Apollo Global Management.
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Press Coverage:
"Kirkland, Stradling, Cooley Steer Sale of NetMotion Wireless Sale," Law360
"Inbound Interest Spurs NetMotion Sale to Carlyle Group," The Deal
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