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GE Capital Finances Inventus’ Acquisition of Unified OS Ltd.

March 31, 2015, 07:17 AM
Filed Under: Technology

GE Capital’s Telecom, Media and Technology (TMT) financing business served as administrative agent on a senior secured credit facility to support the acquisition of Unified OS Ltd. by Inventus Solutions, Inc., a Clearlake Capital Group portfolio company. GE Capital Markets served as sole lead arranger and bookrunner on this facility.
Founded in 1991 and headquartered in Chicago, Inventus provides technology-enabled electronic data discovery (EDD) and managed services for Fortune 1000 corporations, global law firms and government agencies to manage the legal discovery process. The acquisition of Unified, a leading U.K.-based provider of EDD and managed attorney review, marks Inventus’s significant expansion in Europe and its focus on adding a leading managed review platform to its services bundle. The combination creates an international, full legal process outsourcing (LPO) solution with the ability to service target clients operating in multiple jurisdictions across the globe.
“We enjoy a beneficial financing relationship with the team at GE Capital, and in this instance, their experience in the technology sector provided added value. In addition, their ability to speak for the entire credit facility and underwrite and execute quickly made them an ideal financing partner for this transaction,” said Behdad Eghbali and Prashant Mehrotra, of Clearlake Capital.

“Inventus’s excellent position in the growing EDD market, plus Clearlake’s invaluable strategic partnership, will position the company for accelerated growth,” said Matthew Fleming, managing director with GE Capital’s TMT business. "We look forward to supporting management and Clearlake.”
Inventus is one of the largest discovery management practices in the country, focused on helping clients reduce the costs and risks associated with the discovery process. Since 1991, it has been providing litigation support services to law firms, corporate legal departments and government agencies.

Founded in 2009, Unified is a leading provider of eDiscovery and managed review services to leading corporations, law firms and government agencies operating across Europe.

Clearlake Capital Group, L.P. is a private investment firm focused on special situations and private equity investments such as corporate divestitures, recapitalizations, buyouts, reorganizations, turnarounds and other equity investments. Clearlake seeks to partner with world-class management teams by providing patient, long-term capital and operational expertise to invest in dynamic businesses. Clearlake currently has approximately $1.4 billion of assets under management.

GE Capital's Telecom, Media and Technology business provides financing to enable corporate growth, acquisitions and balance sheet refinancings to companies in the following industries: cable, towers, data centers, wireless, metro fiber, radio, TV, digital media, education services and software.

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