IRVINE, Calif., July 05, 2017 (GLOBE NEWSWIRE) -- Vision Solutions, Inc., a leading provider of business resilience solutions for IBM Power Systems and a portfolio company of Clearlake Capital Group, L.P., announced it has completed the acquisition of Enforcive Systems, Ltd. (formerly BSafe), a global provider of IT security and compliance management solutions with an impressive track record of innovation on IBM i, IBM AIX, IBM z/OS, Windows and Linux platforms. Financial terms of the transaction were not disclosed.
In response to market demand, backed by industry research, and in the face of mounting global cybersecurity concerns, this acquisition bolsters Vision’s position as a leading provider of business resilience solutions – high availability, disaster recovery, migration, data replication and security – that protect data and systems and minimize downtime as enterprises transform and automate their operations.
Vision’s trusted brands, financial strength, and global distribution and services combined with Enforcive’s globally renowned security software suite will now enable customers to protect their systems and enhance regulatory compliance by controlling access, auditing and reporting with an easy-to-use interface across server platforms and databases.
“There’s growing demand to provide interlocking layers of high availability and disaster recovery, security, and managed service solutions to completely envelop and protect a company’s critical systems and data, whether at rest or in motion,” said Nicolaas Vlok, CEO of Vision Solutions. “The convergence of these technologies and services in our portfolio demonstrates our further commitment to protecting businesses and keeping them compliant in our fast-paced world.”
In a recent Vision Solutions survey, the majority of respondents indicated compliance auditing and reporting is the primary security-related measure they will address in the coming year. A fully integrated security suite controls access; maintains compliance; conducts and supports audits; and provides dashboards, alerts and reports enabling system administrators, security officers and auditors to monitor and manage across groups of systems within a single interface.
“This additional investment in Vision Solutions represents our further commitment to fund its growth strategy and build on its successful track record,” said Prashant Mehrotra, Partner of Clearlake Capital. “With the transaction complete, Vision continues to further position itself as the clear leader in providing innovative business resilience solutions on the Power Systems platform to the global marketplace.”
“Founder Shimon Bouganim, who sadly passed away in the beginning of this year would have been excited about joining forces with Vision Solutions, a trusted industry leader, and he would have loved the opportunity to introduce the Enforcive security offering throughout Vision’s global distribution network,” said Arjon Cohen, Acting CEO of Enforcive Systems.
About Vision Solutions
Vision Solutions is a leading provider of business resilience solutions – high availability, disaster recovery, migration, data replication and security – for IBM Power Systems. For more than 25 years, customers and partners have trusted Vision to protect and modernize their environments, whether on-premises or in the cloud. Visit visionsolutions.com and follow us on social media, including Twitter, Facebook and LinkedIn.
About Enforcive Systems (formerly BSafe)
Enforcive Systems is a global provider of IT security and compliance management solutions with a solid track record of innovation. A pioneer in IBM mainframe and midrange security markets, Enforcive’s globally-renowned software suite enables customers to secure their systems, control access, and audit and report with an easy-to-use interface across platforms. The company was established in 1983 and has offices in Herzliya, Israel, and Hackensack, NJ. More information is available at enforcive.com.
About Clearlake Capital Group
Clearlake Capital Group is a leading private investment firm founded in 2006. 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 improvement approach, O.P.S. The firm’s core target sectors are software and technology-enabled services; industrials and energy; and consumer. Clearlake currently has over $4 billion of assets under management and its senior investment principals have led or co-led over 90 investments. More information is available at clearlakecapital.com.
