Clearlake Capital Group’s Acquisition of Team Technologies Holding Company

Kirkland & Ellis LLP represented Clearlake Capital Group on the deal

Clearlake Capital Group, L.P. 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 world’s 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 best-in-class, highly automated manufacturing and packaging capabilities. The investment from Clearlake will enable TEAM Technologies to accelerate growth organically by continuing to build on a successful product development pipeline and sales strategy, as well as through acquisitions. Marshall White, President and CEO of TEAM Technologies, will continue to lead the Company.

William Blair & Company LLC acted as the exclusive financial advisor to TEAM Technologies and selling shareholders. A fully committed facility to help finance the transaction was provided by credit funds managed by affiliates of Ares Management, L.P. (NYSE: ARES) as well as Northwestern Mutual Capital, who will be acting as lead arrangers and administrative agents.

The Kirkland team was led by corporate partners Luke Guerra (Picture) and Hamed Meshki and included associates Evan Roberts and Ike Ikeme; debt finance partner Brian Ford and associates Paul Rezvani, Christopher Raidy and Michael Chung; tax partner Josh McLane and associate Samuel Sean Hamner; technology and intellectual property transactions partner Vladimir Khodosh and associate Amaya Gaston; environmental transactions partner Stefanie Gitler and associate Jenny Pierce; executive compensation partner Jennifer Pepin and associate Jennifer Gong; labor and employment partner Matthew Keiser and associate Melissa Soares; employee benefits partner Matthew Antinossi and associate Emily Morrison; real estate partner John Caruso and associate Lisa Tran; international trade partner Mario Mancuso and associate Joshua Thompson; and antitrust partners Carla A.R. Hine and Mike Robert-Smith.

Involved fees earner: Matthew Antinossi – Kirkland & Ellis; John Caruso – Kirkland & Ellis; Michael Chung – Kirkland & Ellis; Brian Ford – Kirkland & Ellis; Amaya Gaston – Kirkland & Ellis; Stefanie Gitler – Kirkland & Ellis; Jennifer Gong – Kirkland & Ellis; Robert Luke Guerra – Kirkland & Ellis; Sean Hamner – Kirkland & Ellis; Carla Hine – Kirkland & Ellis; Ike Ikeme – Kirkland & Ellis; Matthew Keiser – Kirkland & Ellis; Vladimir Khodosh – Kirkland & Ellis; Mario Mancuso – Kirkland & Ellis; Josh McLane – Kirkland & Ellis; Hamed Meshki – Kirkland & Ellis; Emily Morrison – Kirkland & Ellis; Jennifer Pepin – Kirkland & Ellis; Jennifer Pierce – Kirkland & Ellis; Christopher Raidy – Kirkland & Ellis; Paul Rezvani – Kirkland & Ellis; Mike Robert-Smith – Kirkland & Ellis; Evan Roberts – Kirkland & Ellis; Melissa Soares – Kirkland & Ellis; Joshua Thompson – Kirkland & Ellis; Lisa Tran – Kirkland & Ellis;

Law Firms: Kirkland & Ellis;

Clients: Clearlake Capital Group, L.P.;