Tangoe Receives Multiple Bids to Go Private

On January 3, Tangoe (NASDAQ:TNGO) announced that it has received two non-binding acquisition proposals, the first from Marlin Management Company LLC, an affiliate of Marlin Equity Partners, and the second a joint proposal from Clearlake Capital Group, LP and Vector Capital Management, LP. Based on each company’s most recent Schedule 13D SEC filing, Marlin currently owns a 10.4% stake in Tangoe, and Clearlake and Vector own 14.78% and 9.85% of Tangoe’s outstanding common shares, respectively.

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Tangoe Receives Multiple Bids to Go Private

About Charlotte O'Donnelly

Charlotte O'Donnelly is a Research Analyst at Blue Hill Research supporting written and research topics in mobility, IoT, and technology expense management. She is primarily responsible for surveying the market and reporting on significant trends and developments from market leaders in this space. Charlotte also supports the analysis, writing, and creation of client deliverables, multimedia assets, and internal initiatives. Prior to Blue Hill Research, Charlotte worked in mobile technology and financial services consulting. Charlotte has a background in business, technology, and law, and is passionate about the intersection of these subject areas.
Posted on January 9, 2017 by Charlotte O'Donnelly

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