Donald Mazariegos
ELDERS ANNOUNCES SALE OF FUTURIS AUTOMOTIVE BUSINESS
July 31, 2013Elders Limited (ASX:ELD) (Elders) has entered into a binding agreement for the sale of Futuris Automotive (Futuris) to affiliates of Clearlake Capital Group, L.P. (Clearlake) for a price which represents an Enterprise Value of A$69 million.
JACUZZI BRANDS COMPLETES FINANCIAL RECAPITALIZATION
July 9, 2013Chino Hills, Calif. — July 9, 2013 — Jacuzzi Brands LLC., announced today the closing of a recapitalization transaction that significantly raises liquidity, materially reduces outstanding indebtedness and extends the maturity dates of its loans out to 2018 and beyond. The transaction will position Jacuzzi to capitalize on opportunities emerging from the recovery of the housing industry and the overall economy.
CLEARLAKE CAPITAL GROUP COMPLETES ACQUISITION OF AGILYSYS RETAIL SOLUTIONS GROUP; RENAMES COMPANY KYRUS SOLUTIONS, INC.
July 2, 2013Greenville, SC – July 2, 2013 – Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) today announced that it has completed the acquisition of the Retail Solution Group (“RSG”) of Agilysys, Inc., through a newly-formed company. The new, standalone company is named Kyrus Solutions, Inc. (“Kyrus” or the “Company”). The transaction was first announced on June 3, 2013.
CLEARLAKE CAPITAL COMPLETES ACQUISITION OF ARCHER’S NORTH AMERICAN RENTAL AND TUBULAR DIVISION
June 28, 2013Santa Monica, CA – June 28, 2013 – Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) today announced that it has completed the previously announced acquisition of the North American Rental and Tubular Services divisions of Archer Limited, through a newly- formed company. The new, standalone company is named IronGate Energy Services (“IronGate” or the “Company”). The transaction was first announced on May 22, 2013.
CLEARLAKE CAPITAL GROUP ACQUIRES INVENTUS, LLC.
June 20, 2013Santa Monica, CA, and Chicago, IL – June 20, 2013 – Clearlake Capital Group, L.P. (“Clearlake”) and Inventus, LLC (“Inventus” or the “Company”) today announced that Clearlake has acquired Inventus, a leading electronic data discovery (“EDD”) solutions provider to global law firms, Fortune 1000 corporations, and government agencies. Clearlake led the investment group, which included the Inventus management team and Cerca Group LLC (“Cerca Group”), a private investment firm based in New York City. Terms of the transaction were not disclosed.
NIPPON TELEGRAPH AND TELEPHONE CORP: NTT TO ACQUIRE SOLUTIONARY, A LEADING PURE-PLAY MANAGED SECURITY SERVICES PROVIDER
June 17, 2013Tokyo and Omaha, June 17, 2013 - NTT, the world's largest global IT and telecommunications services company, and Solutionary, a leading pure-play Managed Security Services Provider, today announced the two companies have entered into a definitive agreement for NTT to acquire Solutionary, a privately held company based in Omaha, Nebraska, in an allcash transaction. The acquisition is subject to regulatory approvals and other customary closing conditions and is expected to close in the third quarter of 2013.
CLEARLAKE CAPITAL GROUP TO ACQUIRE AGILYSYS RETAIL SOLUTIONS GROUP
June 3, 2013Santa Monica, CA – June 3, 2013 – Clearlake Capital Group, L.P. (“Clearlake”) today announced definitive agreements to acquire the Retail Solutions Group (“RSG”) of Agilysys, Inc., through a newly- formed affiliate, Kyrus Solutions, Inc. (“Kyrus Solutions” or the “Company”). The transaction is expected to close in the early summer.
DIMENSION ONE SPAS BECOMES PART OF JACUZZI GROUP FAMILY
February 6, 2013CHINO, CA--(Marketwire - February 6, 2013) –Jacuzzi Group Worldwide, parent company of Jacuzzi Hot Tubs, Sundance Spas and ThermoSpas Hot Tub Products, announces today that it has acquired the Dimension One Spas business. Dimension One is a premium manufacturer and seller of hot tubs and swim spas, which began operations in 1977.
CLEARLAKE CAPITAL GROUP CLOSES OVER $785 MILLION FOR THIRD PRIVATE EQUITY FUND
January 3, 2013Santa Monica, CA – January 03, 2013 – Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) today announced the closing of its third private equity fund, Clearlake Capital Partners III, L.P. (“Clearlake III” or the “Fund”), with more than $785 million in equity commitments. Clearlake III exceeded its original target of $600 million and its original hard cap of $750 million.
CLEARLAKE CAPITAL GROUP ACQUIRES SWI
December 11, 2012Santa Monica, CA and HollyWood, FL – December 18, 2012 – Clearlake Capital Group, L.P. (“Clearlake”) and Swiss Watch International, Inc. (“The SWI Group”, “SWI”, or the “Company”) today announced that Clearlake has acquired SWI, a leading online retailer of watches, accessories, and apparel. Terms of the transaction were not disclosed.
