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TA Associates Has Made an Investment in Ivanti

Ivanti Profile

  • Ivanti, a portfolio company of Clearlake, automates IT and Security Operations to discover, manage, secure and service from cloud to edge
  • From PCs to mobile devices, VDI, and the data center, Ivanti discovers IT assets on-premises, in cloud, and at the edge, improves IT service delivery, and reduces risk with insights and automation
  • Ivanti also helps organizations leverage modern technology in the warehouse and across the supply chain to improve delivery without modifying backend systems
  • Ivanti was founded in 1985 and is headquartered in Salt Lake City, Utah

Clearlake Profile

  • Clearlake Capital Group, L.P. is a leading investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies
  • With a sector-focused approach, the firm seeks to partner with world-class management teams by providing patient, long-term capital to dynamic businesses that can benefit from Clearlake’s operational improvement approach, O.P.S. The firm’s core target sectors are technology, industrials and consumer
  • Clearlake currently has approximately $25 billion of assets under management and its senior investment principals have led or co-led over 200 investments
  • Clearlake was founded in 2006 and is headquartered in Santa Monica, CA with an office in Dallas, TX

TA Associates Profile

  • TA Associates is a leading global growth private equity firm investing in profitable, growing companies with opportunities for sustained growth
  • Investing as either a majority or minority investor, TA employs a long-term approach, utilizing its strategic resources to help management teams build lasting value in high quality growth companies
  • TA has raised $33.5 billion in capital and is committing to new investments at the pace of over $2 billion per year
  • TA was founded in 1968 and is headquartered in Boston, MA, with offices in Menlo Park, London, Mumbai and Hong Kong
TA Associates has extensive experience investing in enterprise software companies, and we believe their investment in Ivanti reflects confidence in our growth plans and ongoing expansion…we’re excited to continue our partnership with Clearlake and welcome TA to help us accelerate our growth, continue to innovate for our customers and execute on our acquisition strategy.

Jim Schaper

Chairman & CEO, Ivanti

Jim Schaper has built a strong and talented management team at Ivanti, and we are thrilled to partner with them alongside Clearlake to build on the company’s strong foundation to accelerate growth. We are excited to be investing to help accelerate product innovation and drive strategic acquisitions that strengthen Ivanti’s position in the mid-market enterprise ITSM market.

Hythem El-Nazer

Managing Director, TA Associates

We’re thrilled to work hand-in-hand with Harry, Hythem, and the TA team as partners in Ivanti, and we are excited to continue utilizing our O.P.S. framework to support Jim Schaper and the rest of the Ivanti management team as they aggressively grow the company organically and through acquisitions.

Behdad Eghbali

Founder & Managing Partner, Clearlake

  • TA’s investment in Ivanti was announced on August 13, 2020; financial terms of the strategic investment were not disclosed
  • Shea & Company served as the exclusive financial advisor to TA Associates on their investment in Ivanti
Read The Press Release