Cloud Software Group, Inc. has entered into a definitive agreement to acquire Arctera US Holdings, LLC from funds affiliated by The Carlyle Group Inc. (NasdaqGS:CG) on August 5, 2025. Cloud Software Group expects to fund the acquisition using cash on its balance sheet. Upon close, Arctera will operate as a standalone business unit within the Cloud Software Group portfolio. As of period ending December 31, 2024, Arctera US Holdings, LLC generates more than $400 million of annual revenue and more than 40% adjusted EBITDA margins. Following the transaction, Arctera will operate as a standalone business within the Cloud Software Group portfolio. The transaction is expected to close in the fourth quarter of 2025, subject to certain regulatory approvals and customary closing conditions.

Amr Razzak, Christopher Hammond, Cliff Gross, Michael Cardella, Page Griffin, Ryne Posey and Ken Kumayama of Skadden, Arps, Slate, Meagher & Flom LLP acted as legal advisor for Cloud Software Group, Inc. Citigroup Inc. acted as financial advisor for Arctera US Holdings, LLC. C. Mark Kelly, William B Snyder, John F. Baron, Michael L. Stevens, Mark C. Kanaly, Simon Root, Danny Reach, Christopher Gegg, Jennifer Everett, Jason Waite of Alston & Bird LLP acted as legal advisor for Arctera US Holdings, LLC.

Cloud Software Group, Inc. completed the acquisition of Arctera US Holdings, LLC from funds affiliated by The Carlyle Group Inc. (NasdaqGS:CG) on December 1, 2025.