Donald Mazariegos
Rita Lane appointed to Alkegen Board of Directors
October 6, 2022Alkegen, one of the largest specialty materials platforms in the world providing high performance materials used in advanced applications including filtration media, battery technologies, high temperature insulation and fire protection, today announced the appointment of Rita Lane to its Board of Directors.
Newfold Digital signs agreement to acquire MarkMonitor from Clarivate
September 12, 2022Clarivate Plc (NYSE:CLVT), a global leader in providing trusted information and insights to accelerate the pace of innovation, today announced that Newfold Digital (“Newfold”), a leading web and commerce technology provider backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) and Siris Capital Group, LLC (together with its affiliates, “Siris”), has signed a definitive agreement to purchase MarkMonitor™, an industry-leading enterprise-level provider of domain management solutions.
Clearlake Capital-backed FloWorks acquires Flotech
August 8, 2022FloWorks International LLC (“FloWorks”), a specialty flow control distribution platform backed by Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake"), today announced it has acquired Flotech, Inc. ("Flotech" or the "Company"), a value-added distributor and servicer of industrial valves. Financial terms of the transaction were not disclosed.
Clearlake Capital completes sale of Brightly Software to Siemens
August 4, 2022Clearlake Capital Group, L.P. (together with certain of its affiliates, “Clearlake”) today announced it has completed the sale of Brightly Software, Inc. (“Brightly Software”, “Brightly” or the “Company”) to Siemens AG (“Siemens”) (FRA:SIE) for $1.575 billion of upfront cash consideration, along with $300 million in cash earn-out payments, for a total of $1.875 billion.
Clearlake Capital and Motive Partners Complete acquisition of wealth management software platform BETA+ from LSEG and launch BetaNXT℠ brand with new management team
July 1, 2022Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) and Motive Partners (together with its affiliates “Motive”) today announced the closing of the acquisition of the BETA+ assets including BETA Post-trade Processing, Maxit, and Digital Investor, from the London Stock Exchange Group (“LSEG”). Effective immediately, the company will operate as BetaNXT, reflecting its evolved strategic vision.
Bluerock introduces the Bluerock High Income Institutional Credit Fund, a registered interval fund
June 30, 2022Bluerock, a leading alternative asset manager, has announced the launch of the Bluerock High Income Institutional Credit Fund (the “Bluerock High Income Credit Fund”, the “Fund”, Tickers: IIMAX, IIMCX, IIMWX), an income-focused fund with a portfolio comprised of actively managed pools of diversified collateralized loan obligations (CLOs).
Clearlake Capital-backed FloWorks acquires netMercury
June 29, 2022FloWorks International LLC (“FloWorks”), a specialty flow control distribution platform backed by Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake"), today announced it has acquired netMercury ("netMercury" or the "Company"), a specialty parts and services distributor.
Gravity signs Midland Basin committed volume produced water agreement
June 29, 2022Gravity, a growth-oriented water and power infrastructure company backed by affiliates of Clearlake Capital Group, L.P. (“Clearlake”), today announced it has signed a multi-year minimum volume commitment produced water gathering agreement with an independent producer in the Midland Basin.
Clearlake Capital completes acquisition of diversified protective packaging provider Intertape Polymer Group
June 28, 2022Clearlake Capital Group, L.P. (together with its affiliates “Clearlake”) today announced that it has completed its acquisition of Intertape Polymer Group Inc. (TSX:ITP, “IPG”, or the “Company”), a global provider of protective packaging solutions.
Clearlake Capital portfolio company Alkegen completes majority investment in Luyang Energy Savings Material Co.
June 28, 2022Alkegen, one of the largest specialty materials platforms in the world that provides high performance materials used in advanced applications such as filtration media, battery technologies, high temperature insulation and fire protection, announced today that it has successfully completed a tender offering resulting in Alkegen obtaining a controlling ownership interest in Luyang Energy-Saving Materials Co. Ltd. (“Luyang” or the “Company”), a Shenzhen A-share listed platform headquartered in Yuquan, Shandong province, China.
