Clearlake Capital Group named to Inc.’s 2023 list of founder-friendly investors

October 31, 2023

Clearlake Capital Group, L.P., an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies, announced today that it has been named to Inc.’s fifth annual Founder-Friendly Investors list, recognizing the private equity, venture capital, and debt firms with the best track records of success backing entrepreneurs.

CLEARLAKE CAPITAL GROUP NAMED TO INC.’S 2023 LIST OF FOUNDER-FRIENDLY INVESTORS   Annual list highlights the investment firms with the best track records of success backing entrepreneurs   SANTA MONICA, CA – October 31, 2023 – Clearlake Capital Group, L.P., an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies, announced today that it has

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Wheel Pros announces rebranding to Hoonigan

October 25, 2023

Wheel Pros, a leading provider of aftermarket vehicle enhancements, announced today it is rebranding to Hoonigan (collectively, the “Company”), effective immediately.

WHEEL PROS ANNOUNCES REBRANDING TO HOONIGAN   Hoonigan unveils a fresh identity, reflecting a strategic evolution in the company’s vision and focus   Denver, CO – October 25, 2023 – Wheel Pros, a leading provider of aftermarket vehicle enhancements, announced today it is rebranding to Hoonigan (collectively, the “Company”), effective immediately. The new name embraces the spirit of automotive culture

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Crash Champions announces appointment of automotive insurance industry veteran Michael Sieger to its board of directors

October 24, 2023

Crash Champions, LLC (“Crash Champions” or the “Company”), one of the nation’s largest and fastest-growing operators of high-quality automotive collision repair services, announced today the appointment of Michael Sieger to its Board of Directors.

CRASH CHAMPIONS ANNOUNCES APPOINTMENT OF AUTOMOTIVE INSURANCE INDUSTRY VETERAN MICHAEL SIEGER TO ITS BOARD OF DIRECTORS   Former Progressive Claims President to Support Crash Champions’ Strategic Growth   Chicago, IL and Santa Monica, CA, October 24, 2023 – Crash Champions, LLC (“Crash Champions” or the “Company”), one of the nation’s largest and fastest-growing operators of high-quality automotive collision repair services,

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Bamboo Health appoints Jeff Smith as Chief Executive Officer

October 18, 2023

Bamboo Health™ (or the “Company”), a national healthcare technology company, today announced the appointment of Jeff Smith as Chief Executive Officer (CEO).

BAMBOO HEALTH APPOINTS JEFF SMITH AS CHIEF EXECUTIVE OFFICER   Smith brings decades of healthcare technology experience to build on Bamboo’s mission to connect individuals to the care they need during critical health moments   Louisville, KY – October 18, 2023 – Bamboo Health™ (or the “Company”), a national healthcare technology company, today announced the appointment of Jeff Smith as

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Third Quarter 2023 Investment Activity

October 16, 2023

In the third quarter of 2023, Clearlake announced one platform and three add-on1 transactions.

“In the third quarter of 2023, Clearlake announced one platform and three add-on1 transactions. We believe our all weather investment strategy grants us agility across transaction types and M&A landscapes, enabling us to stay flexible in our approach to seeking new opportunities and deploying new capital, and the recapitalization of LEARFIELD demonstrates our ability to navigate and execute in complex

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Clearlake Capital-backed Discovery Education completes acquisition of Dreambox Learning

October 12, 2023

Discovery Education, a global education technology company backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), today announced the completion of its acquisition of DreamBox Learning®, a PK-12 education technology provider serving more than 6 million students and 600,000 educators nationwide.

CLEARLAKE CAPITAL-BACKED DISCOVERY EDUCATION COMPLETES ACQUISITION OF DREAMBOX LEARNING   Latest acquisition expands teacher and student access to personalized, adaptive learning experiences in Math and English Language Arts   Charlotte, NC (October 12, 2023)—Discovery Education, a global education technology company backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), today announced the completion of its acquisition of DreamBox

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Learfield announces closing of recapitalization transaction and equity investment, positioning the company for continued growth

September 13, 2023

LEARFIELD (or the “Company”), a leading media and technology company powering college athletics, today announced that it has closed on a comprehensive deleveraging transaction with its lenders and equity partners.

LEARFIELD ANNOUNCES CLOSING OF RECAPITALIZATION TRANSACTION AND EQUITY INVESTMENT, POSITIONING THE COMPANY FOR CONTINUED GROWTH   Significant Debt Reduction and New Equity Investment Enhance LEARFIELD’s Ability to Continue Serving as a Longstanding Partner for Universities, Entertainment Partners, Brands, and Fans   PLANO, TX – LEARFIELD (or the “Company”), a leading media and technology company powering college athletics, today announced that

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Clearlake Capital-backed Discovery Education to acquire Dreambox Learning

August 29, 2023

Discovery Education, a global education technology company backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), today announced it has agreed to acquire DreamBox Learning®, a PK-12 education technology provider serving more than 6 million students and 600,000 educators nationwide.

CLEARLAKE CAPITAL-BACKED DISCOVERY EDUCATION TO ACQUIRE DREAMBOX LEARNING Latest Acquisition Will Expand Discovery Education’s Solution Suite Supporting Math and Reading   Charlotte, NC (August 29, 2023)—Discovery Education, a global education technology company backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), today announced it has agreed to acquire DreamBox Learning®, a PK-12 education technology provider serving more than

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Second Quarter 2023 Investment Activity

July 18, 2023

"In the second quarter of 2023, Clearlake announced one exit and eight add-on transactions."

“In the second quarter of 2023, Clearlake announced one exit and eight add-on transactions. The successful exit of Archer illustrates the resilience of our investment strategy, delivering both growth and value. We further expanded our portfolio through eight add-on acquisitions, each one selected to supplement and fuel the growth of our existing investments. Clearlake believes these add-on acquisitions reinforce the

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BBB Industries acquires Hydraulex, expanding its industrial sector offerings

July 17, 2023

BBB Industries, LLC (BBB), a leading sustainable manufacturer serving automotive, industrial, energy storage, and solar markets, backed by Clearlake Capital Group, L.P. (Clearlake), announced today that it has acquired Hydraulex, a provider of critical, need-it-now hydraulic solutions serving the industrial aftermarket.

BBB INDUSTRIES ACQUIRES HYDRAULEX, EXPANDING ITS INDUSTRIAL SECTOR OFFERINGS   DAPHNE, ALA. – July 17, 2023 – BBB Industries, LLC (BBB), a leading sustainable manufacturer serving automotive, industrial, energy storage, and solar markets, backed by Clearlake Capital Group, L.P. (Clearlake), announced today that it has acquired Hydraulex, a provider of critical, need-it-now hydraulic solutions serving the industrial aftermarket. Terms of

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