Cooley Advises Clearlake Capital in Two Key Technology Acquisitions

Palo Alto, Calif.  – September 27, 2012 Cooley LLP announced that it advised Clearlake Capital Group, LP in its recent acquisition of NetMotion Wireless Holdings, Inc. and its subsidiaries, as well as in its acquisition of substantially all of the assets of Mformation Technologies, Inc. The terms of both transactions were not disclosed.

The Cooley team advising Clearlake on its acquisition of NetMotion Wireless was led by Cooley's Mehdi Khodadad and included associate Dan Espinoza; partner Mischi a Marca; associates Atul Porwal and Catherine Kiwala; Tax partner Mark Windfeld-Hansen; Compensation and Benefits partner Renee Deming, and Technology Transactions special counsel Kara Hagen.  Mehdi Khodadad also led the team advising on the acquisition of Mformation Technologies, which included partner Carolyn Craig and special counsel Kara Hagen, both members of the Technology Transactions group, and associates Tali Sealman and Atul Porwal.

"These are key strategic acquisitions for Clearlake, and it's been a great pleasure to work so closely and effectively with Mehdi and the Cooley team on them," said Behdad Eghbali, founding partner of Clearlake. "We were very impressed by Cooley's command of both the technical and commercial aspects of the dealmaking process, and we look forward to collaborating on more successful acquisitions in the future."

Clearlake Capital Group is a private investment firm focused on special situations private equity such as corporate divestitures, recapitalizations, buyouts, restructurings, turnarounds and other equity investments. NetMotion Wireless is the leading provider of mobile virtual private network (VPN) and network performance management software solutions. Mformation Technologies is a mobile device management software maker.

Cooley's Private Equity & Buyout practice

Cooley's Private Equity & Buyout practice is focused on representing private equity funds, management groups and lenders in buyouts, minority investments, growth equity investments and similar transactions. Cooley has handled a variety of fund formation, acquisition, debt financing and tax structures and has substantial experience across an array of industries, including information technology, life sciences, high-growth businesses, business services, retail and consumer products, manufacturing, financial services, health care and government services and defense. Cooley was ranked in the 2012 edition of The Legal 500 US for its work on Mergers, Acquisitions and Buyouts.

About Cooley LLP

Cooley's attorneys have an entrepreneurial spirit, substantive experience and are committed to solving clients' most challenging legal matters. From small companies with big ideas to international enterprises with diverse legal needs, Cooley has the breadth of legal resources to enable companies of all sizes to seize opportunities in today's global marketplace. The firm represents clients across a broad array of dynamic industry sectors, including technology, life sciences, venture capital, clean energy, real estate and retail.

The firm has full-service offices in eleven major business and technology centers: Boston, MA; Broomfield, CO; Los Angeles, CA; New York, NY; Palo Alto, CA; Reston, VA; San Diego, CA; San Francisco, CA; Seattle, WA; Washington, DC and Shanghai, China.

Related Contacts
Carolyn Craig Retired Partner, Palo Alto
Mischi a Marca Partner, San Francisco
Renee Deming Retired Partner, Palo Alto
Mark Windfeld-Hansen Partner, Palo Alto
Related Practices & Industries

Private Equity