Friday, June 7, 2013

Clearlake Capital Buys Agilisys Retail Solutions Group

Santa Monica-based private equity firm Clearlake Capital said this week that it has acquired the Retail Solutions Group of Agilisys, a provider of technology and managed services for the retail market. Clearlake Capital said it will rename the group as Kyrus Solutions. The company provides retail point-of-sale consulting and technology, including things like helping to implement wireless point-of-sale (POS) for hotels and food service providers, IT software, hardware, and consulting for retailers, as well as other related services. The new company remains in Greenville, South Carolina.

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