Clearlake Capital Acquires TEAM Technologies
Clearlake Capital Group, L.P. announced that it has acquired TEAM Technologies Inc., in partnership with Company management, from The Riverside Company. TEAM Technologies is a leading custom design and manufacturing partner to many of the worlds leading brands in the dental, medical, and cosmetic industries. Financial terms of the transaction were not disclosed. Headquartered in Morristown, Tennessee, TEAM Technologies supports its customers across the entire product lifecycle, beginning with in-house design and innovation capabilities, through delivery via its highly automated manufacturing and packaging capabilities.