Donald Mazariegos

CLEARLAKE CAPITAL BACKED GLOBELTR ENERGY INC. ANNOUNCES SALE OF WELL SERVICING DIVISION TO BRIGADE ENERGY SERVICES, LLC

September 7, 2017

GlobeLTR Energy Inc. (“GlobeLTR” or the “Company”), a portfolio company of affiliates of Clearlake Capital Group, L.P. (“Clearlake”), today announced the Company has closed the sale of its well servicing division to Brigade Energy Services, LLC (“Brigade”), a portfolio company of Turnbridge Capital Partners, LLC and affiliates (“Turnbridge”). Financial terms of the transaction were not disclosed.

CLEARLAKE CAPITAL BACKED GLOBELTR ENERGY INC. ANNOUNCES SALE OF WELL SERVICING DIVISION TO BRIGADE ENERGY SERVICES, LLC Santa Monica, CA, Midland, TX, Dallas, TX, and Denver, CO – September 7, 2017 – GlobeLTR Energy Inc. (“GlobeLTR” or the “Company”), a portfolio company of affiliates of Clearlake Capital Group, L.P. (“Clearlake”), today announced the Company has closed the sale of its well

Read more

CLEARLAKE CAPITAL LEADS RECAPITALIZATION OF FLOWORKS

September 7, 2017

Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) and FloWorks International, LLC (“FloWorks” or the “Company”) today announced that Clearlake has led the successful recapitalization of FloWorks in partnership with the Company’s existing financial sponsors, led by TowerBrook Capital Partners L.P., the Company’s management team, and other stakeholders. Terms of the transaction were not disclosed.

CLEARLAKE CAPITAL LEADS RECAPITALIZATION OF FLOWORKS Transaction Provides a Strong Balance Sheet and Significant Operational Flexibility to Pursue Growth Strategy Houston, TX and Santa Monica, CA – September 7, 2017– Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) and FloWorks International, LLC (“FloWorks” or the “Company”) today announced that Clearlake has led the successful recapitalization of FloWorks in partnership

Read more

CLEARLAKE CAPITAL BACKED FUTURIS GLOBAL HOLDINGS TO BE ACQUIRED BY ADIENT

August 21, 2017

Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) today announced a definitive agreement to sell Futuris Global Holdings LLC (“Futuris” or the “Company”) to an affiliate of Adient plc (NYSE: ADNT; “Adient”). The transaction is expected to close by the end of September 2017, subject to customary closing conditions and regulatory approvals.

CLEARLAKE CAPITAL BACKED FUTURIS GLOBAL HOLDINGS TO BE ACQUIRED BY ADIENT Successful operational transformation resulted in high growth, global supplier of high-quality, differentiated seating solutions Santa Monica, CA – August 21, 2017 – Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) today announced a definitive agreement to sell Futuris Global Holdings LLC (“Futuris” or the “Company”) to an affiliate of

Read more

CLEARLAKE CAPITAL-BACKED CONVERGEONE ANNOUNCES ACQUISITION OF SPS

August 17, 2017

ConvergeOne, a leading IT services provider of collaboration and technology solutions, today announced that it has acquired Strategic Products and Services (“SPS”), a global, multivendor communication and networking managed service provider headquartered in New Jersey. Effective immediately, SPS is now SPS, a ConvergeOne Company. This acquisition solidifies ConvergeOne’s position as a leading provider of collaboration and IT enabled solutions in the market today.

CLEARLAKE CAPITAL-BACKED CONVERGEONE ANNOUNCES ACQUISITION OF SPS Strategic Acquisition Expands ConvergeOne’s Global Footprint, Certifications, and Portfolio of Collaboration Services and Solutions Capabilities EAGAN, Minn., August 17, 2017 – ConvergeOne, a leading IT services provider of collaboration and technology solutions, today announced that it has acquired Strategic Products and Services (“SPS”), a global, multivendor communication and networking managed service provider headquartered in

Read more

CENTERBRIDGE COMPLETES $1.26 BILLION ACQUISITION OF ENTERPRISE SOFTWARE PROVIDERS SYNCSORT AND VISION SOLUTIONS

August 17, 2017

Centerbridge Partners, L.P. (“Centerbridge”), a leading private investment firm, today announced that it has completed the $1.26 billion acquisition of enterprise software providers Syncsort Incorporated (“Syncsort”) and Vision Solutions, Inc. (“Vision”) from affiliates of Clearlake Capital Group, L.P. (“Clearlake”). As previously announced, Clearlake, which acquired Syncsort in 2015 and Vision in 2016, is retaining a minority ownership stake in the combined company.

CENTERBRIDGE COMPLETES $1.26 BILLION ACQUISITION OF ENTERPRISE SOFTWARE PROVIDERS SYNCSORT AND VISION SOLUTIONS Syncsort and Vision Solutions Combining to Create a Powerhouse ‘Big Iron to Big Data’ Platform; Syncsort CEO Josh Rogers to Lead Company Operating Under the Syncsort Brand PEARL RIVER, NY and IRVINE, CA, August 17, 2017 – Centerbridge Partners, L.P. (“Centerbridge”), a leading private investment firm, today announced

Read more

JETSMARTER RECEIVES INSTITUTIONAL INVESTMENT FROM CLEARLAKE CAPITAL GROUP AND LEUCADIA NATIONAL CORPORATION

August 10, 2017

JetSmarter Inc. (“JetSmarter” or the “Company”), the leading technology-enabled marketplace for private aviation, today announced that it has raised its first institutional capital. The investment will be anchored by lead sponsor, Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”).

JETSMARTER RECEIVES INSTITUTIONAL INVESTMENT FROM CLEARLAKE CAPITAL GROUP AND LEUCADIA NATIONAL CORPORATION First institutional round and significant capital investment to accelerate growth for the leading technology-enabled flight-sharing marketplace FORT LAUDERDALE, FL, SANTA MONICA, CA and NEW YORK, NY – August 10, 2017 – JetSmarter Inc. (“JetSmarter” or the “Company”), the leading technology-enabled marketplace for private aviation, today announced that it has raised

Read more

CLEARLAKE CAPITAL GROUP ANNOUNCES SENIOR APPOINTMENTS AND PROMOTIONS

July 19, 2017

Clearlake Capital Group, L.P. (“Clearlake”), a leading private investment firm, today announced several senior executive appointments and promotions. Patrick Gilligan joined the firm as a Managing Director focusing on investor relations and marketing, and Xavier A. Gutierrez has joined the firm as a Managing Director focusing on operations, client services and other strategic initiatives. Colin Leonard has been named Partner, James Pade has been named a Principal, and Paul Huber and Nate Mejías have been promoted to Vice President.

CLEARLAKE CAPITAL GROUP ANNOUNCES SENIOR APPOINTMENTS AND PROMOTIONS Patrick Gilligan and Xavier A. Gutierrez Join as Managing Directors; Promotions Include Colin Leonard to Partner, James Pade to Principal, and Paul Huber and Nate Mejías to Vice President SANTA MONICA, CA – July 19, 2017 – Clearlake Capital Group, L.P. (“Clearlake”), a leading private investment firm, today announced several senior executive appointments and promotions. Patrick

Read more

CLEARLAKE CAPITAL-BACKED CONVERGEONE ANNOUNCES STRATEGIC ACQUISITION OF NEW YORK-BASED ANNESE & ASSOCIATES, INC.

July 18, 2017

ConvergeOne, a leading IT services provider of collaboration and technology solutions, today announced that it has acquired Annese & Associates, Inc., a Cisco Gold Certified Partner and IT thought leader based in New York.Effective immediately, Annese is now Annese, a ConvergeOne Company. This acquisition solidifies ConvergeOne’s position as a leading provider of Collaboration and IT enabled Solutions in the market today.

CLEARLAKE CAPITAL-BACKED CONVERGEONE ANNOUNCES STRATEGIC ACQUISITION OF NEW YORK-BASED ANNESE & ASSOCIATES, INC. Acquisition Expands ConvergeOne’s Cisco Footprint, Certifications, and Portfolio of Services and Solutions Capabilities across Northeastern United States. EAGAN, Minn., July 18, 2017 – ConvergeOne, a leading IT services provider of collaboration and technology solutions, today announced that it has acquired Annese & Associates, Inc., a Cisco Gold Certified

Read more

CLEARLAKE ANNOUNCES SALE OF ENTERPRISE SOFTWARE PROVIDERS SYNCSORT AND VISION SOLUTIONS TO CENTERBRIDGE PARTNERS

July 6, 2017

Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) today announced a definitive agreement to merge enterprise software providers Syncsort Incorporated (“Syncsort”) and Vision Solutions, Inc. (“Vision”) as well as the simultaneous sale of a significant ownership position in the combined company to Centerbridge Partners, L.P. (“Centerbridge”).

CLEARLAKE ANNOUNCES SALE OF ENTERPRISE SOFTWARE PROVIDERS SYNCSORT AND VISION SOLUTIONS TO CENTERBRIDGE PARTNERS Combination forms unique scaled infrastructure software leader and “Big Iron to Big Data” powerhouse Santa Monica, CA – July 6, 2017 – Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) today announced a definitive agreement to merge enterprise software providers Syncsort Incorporated (“Syncsort”) and Vision Solutions,

Read more

VISION SOLUTIONS COMPLETES ACQUISITION OF ENFORCIVE SYSTEMS

July 5, 2017

Vision Solutions, Inc., a leading provider of business resilience solutions for IBM Power Systems and a portfolio company of Clearlake Capital Group, L.P., announced it has completed the acquisition of Enforcive Systems, Ltd. (formerly BSafe), a global provider of IT security and compliance management solutions with an impressive track record of innovation on IBM i, IBM AIX, IBM z/OS, Windows and Linux platforms.

VISION SOLUTIONS COMPLETES ACQUISITION OF ENFORCIVE SYSTEMS IT Security investment drives a unique convergence of business resilience solutions – high availability, disaster recovery and security – to envelop and protect companies IRVINE, CA (July 5, 2017) – Vision Solutions, Inc., a leading provider of business resilience solutions for IBM Power Systems and a portfolio company of Clearlake Capital Group, L.P., announced

Read more