With the support of leading investors Clearlake, Charlesbank and TA, Ivanti consolidates leadership in IT automation by accelerating its M&A strategy
Ivanti Inc., the automation platform that helps make every IT connection smarter and more secure, announced the closing of a strategic investment from Charlesbank Capital Partners, LLC (“Charlesbank”) to accelerate its growth. Charlesbank, a leading private equity firm that manages more than $8 billion in assets, has joined existing investors Clearlake Capital Group and TA Associates as an institutional shareholder in Ivanti. Terms of the settlement were not made public.
Ivanti offers solutions that automate security operations, enabling customers to discover, manage, protect and service IT infrastructure from cloud environments to edge devices. Ivanti software, used by more than 40,000 customers across industries and five continents, has a portfolio of products that enables administrators to discover IT assets on-premises, in the cloud and at the edge, reducing risk through automation and the use of the right information.
The additional capital from Charlesbank will allow Ivanti to further extend its market leading position, enabling further acquisitions and the implementation of an innovative product portfolio. The investment takes place following the inclusion of the Ivanti Neurons hyperautomation platform in the short list for the 2021 SC Awards Europe, the Computing AI & Machine Learning Awards and following its nomination as winner of the Globee® Awards. The company will continue to be managed by Jim Schaper, CEO e Chairman the Ivanty and the current management team.
“Charlesbank shares the same values and commitment to serving customers with Ivanti,” he said Jim Schaper. "The private equity firm chose to invest in Ivanti given the great growth recorded by the company. This operation will allow us to further accelerate the development of our business, also through further strategic acquisitions and the expansion of our portfolio of solutions".
