About CLS Group
CLS Group is a company based in United States founded in 1999, and was acquired by Telamon in July 2018. Foreign exchange settlement services are facilitated for global financial markets.
Company details
CLS Group was established in 1999 and operates in the financial services sector, focusing on the settlement of foreign exchange transactions. Risk mitigation is provided through a continuous linked settlement system that reduces counterparty exposure. Services are extended to major banks and institutions worldwide, with primary operations based in the United States. The companys infrastructure supports high-volume daily settlements in multiple currencies.
- Headquarters United States
- Stage Acquired
- Website clsgroup.com
- Acquired by Telamon (Jul 2018)
Investors in CLS Group
CLS Group has secured backing from 1 investor. Prominent investors backing the company include Telamon.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Wireless telecommunication infrastructures have been provided since 1965. | 1965 | telamon.com | Carmel, United States |
Investor details for CLS Group
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- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of CLS Group
4 people are tracked at CLS Group (2 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
Patrick Adams | President/CEO | Leadership |
Ron Hurt | CFO | Leadership |
Stormi Sanchez | Project Manager | Team |
Scott Riddle | Supervisor of Oil & Gas Accounting | Team |
Complete people profiles for CLS Group
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of CLS Group
2 dated milestones of CLS Group across 19 years, from founding to its latest funding, stage changes and deals.
- Founded CLS Group is founded.
- Exit Acquired by Telamon.
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Frequently Asked Questions about CLS Group
CLS Group was founded in 1999.
CLS Group is headquartered in United States.
CLS Group was established in 1999 and operates in the financial services sector, focusing on the settlement of foreign exchange transactions. Risk mitigation is provided through a continuous linked settlement system that reduces counterparty exposure. Services are extended to major banks and institutions worldwide, with primary operations based in the United States. The companys infrastructure supports high-volume daily settlements in multiple currencies.
CLS Group has 1 investor. Key investors include Telamon.
Yes. CLS Group was acquired by Telamon in July 2018.