Clearlake Backs GoAmerica Deal

GoAmerica Inc. (Nasdaq: GOAM) has agreed to acquire the Telecommunications Relay Services (TRS) division of Verizon for $50 million in cash. The deal also includes up to $8 million in cash earn-outs, and is being financed via a $65 million private equity and debt infusion from Clearlake Capital Group. www.goamerica.com www.verizon.com