Harris Williams & Co. Advises Inventus Solutions, a Clearlake Capital Portfolio Company, on its Sale to RPX Corporation
Harris Williams & Co., a preeminent middle market investment bank that has focused on the advisory needs of clients worldwide for 25 years, announced that Inventus Solutions, Inc. (Inventus), a top-tier international eDiscovery services provider backed by Clearlake Capital Group, L.P. (Clearlake), has been acquired by RPX Corporation (RPX; NASDAQ: RPXC). The transaction was led by John Arendale, Derek Lewis, John Klim and Trey Packard of Harris Williams & Co.’s Richmond office and Brennan Igoe of the firm’s Boston office.
Inventus is a top-tier international eDiscovery platform dedicated to offering technology-enabled, end-to-end managed services and managed review solutions for Fortune 1000 legal departments, top global law firms and government agencies operating in multiple jurisdictions across the globe. Inventus currently has over 175 employees and operates in 13 offices internationally, with domestic headquarters in Chicago, Illinois and international headquarters in London, United Kingdom.
Clearlake is a private investment firm with a sector-focused approach. The firm seeks to partner with world-class management teams by providing patient, long-term capital to dynamic businesses that can benefit from Clearlake’s operational and strategic expertise. The firm’s core target sectors include technology, communications and business services, industrials, energy and power, and consumer products and services. Clearlake currently has over $3.2 billion of assets under management.
RPX is the leading provider of patent risk solutions, offering defensive buying, acquisition syndication, patent intelligence, insurance services and advisory services. Since its founding in 2008, RPX has introduced efficiency to the patent market by providing a rational alternative to litigation. The San Francisco-based company's pioneering approach combines principal capital, deep patent expertise and client contributions to generate enhanced patent buying power. By acquiring patents and patent rights, RPX helps mitigate and manage patent risk for its growing client network.
Harris Williams & Co. (www.harriswilliams.com), a member of The PNC Financial Services Group, Inc. (NYSE:PNC), is a preeminent middle market investment bank focused on the advisory needs of clients worldwide. The firm has deep industry knowledge, global transaction expertise and an unwavering commitment to excellence. Harris Williams & Co. provides sell-side and acquisition advisory, restructuring advisory, board advisory, private placements and capital markets advisory services.
Investment banking services are provided by Harris Williams LLC, a registered broker-dealer and member of FINRA and SIPC, and Harris Williams & Co. Ltd, which is authorized and regulated by the Financial Conduct Authority. Harris Williams & Co. is a trade name under which Harris Williams LLC and Harris Williams & Co. Ltd conduct business.