Marvin Larin

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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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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Clearlake and STG complete sale of Archer to Cinven

July 10, 2023

Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) and Symphony Technology Group (“STG”) announced that they have completed the sale of Archer Technologies (“Archer” or the “Company”) to international private equity firm Cinven.

CLEARLAKE AND STG COMPLETE SALE OF ARCHER TO CINVEN   Under Clearlake’s and STG’s ownership, Archer has transformed into a leading end-to-end integrated risk management software-as-a-service platform serving customers around the world   Santa Monica, CA, Menlo Park, CA and Overland Park, KS – July 10, 2023 – Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) and Symphony Technology Group (“STG”)

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BBB industries continues European expansion with acquisition of Inter- Turbo in Poland

May 30, 2023

BBB Industries, LLC (BBB), a sustainable manufacturer  in the automotive aftermarket, announced today that it has acquired Inter-Turbo sp. z o.o., through its wholly owned subsidiary Budweg Caliper A/S.

BBB INDUSTRIES CONTINUES EUROPEAN EXPANSION WITH ACQUISITION OF INTER- TURBO IN POLAND     DAPHNE, ALA. – BBB Industries, LLC (BBB), a sustainable manufacturer  in the automotive aftermarket, announced today that it has acquired Inter-Turbo sp. z o.o., through its wholly owned subsidiary Budweg Caliper A/S. Terms of the deal were not announced. This acquisition further expands BBB’s presence in

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Confluence, backed by Clearlake Capital and TA Associates, welcomes longtime asset management executive Joan Binstock to board of directors

April 24, 2023

Confluence Technologies, Inc. ("Confluence"), a global software provider helping the investment management industry solve complex investment data challenges, today announced that Joan Binstock has joined its board of directors.

CONFLUENCE, BACKED BY CLEARLAKE CAPITAL AND TA ASSOCIATES, WELCOMES LONGTIME ASSET MANAGEMENT EXECUTIVE JOAN BINSTOCK TO BOARD OF DIRECTORS   Pittsburgh, PA, April 24, 2023 – Confluence Technologies, Inc. (“Confluence”), a global software provider helping the investment management industry solve complex investment data challenges, today announced that Joan Binstock has joined its board of directors. Confluence is backed by Clearlake Capital

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Clearlake and Motive-backed software platform BetaNXT expands capabilities, growth opportunities with acquisition of Mediant Communications

March 1, 2023

BetaNXT, a provider of wealth management infrastructure software with real-time data capabilities and an enhanced advisor experience, today announced that certain affiliates of BetaNXT have acquired Mediant Communications (“Mediant”), a provider of investor communications technology and technology-enabled solutions to banks, brokers, corporations, funds, and investment managers.

CLEARLAKE AND MOTIVE-BACKED SOFTWARE PLATFORM BETANXT EXPANDS CAPABILITIES, GROWTH OPPORTUNITIES WITH ACQUISITION OF MEDIANT COMMUNICATIONS   Transaction builds on firm’s end-to-end wealth solutions software platform, adds investor communications and proxy solutions   New York, NY – March 1, 2023 – BetaNXT, a provider of wealth management infrastructure software with real-time data capabilities and an enhanced advisor experience, today announced that

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Crash Champions announces appointment of automotive services industry veteran Tom Feeney to its board of directors

February 27, 2023

Crash Champions, LLC (“Crash Champions” or “The Company”), one of the nation’s fastest growing independent collision repair service providers, announced today the appointment of Tom Feeney to its Board of Directors.

CRASH CHAMPIONS ANNOUNCES APPOINTMENT OF AUTOMOTIVE SERVICES INDUSTRY VETERAN TOM FEENEY TO ITS BOARD OF DIRECTORS   Former Safelite CEO will Support Crash Champions’ Continued Growth   Chicago, IL and Santa Monica, CA, [February 27, 2023] – Crash Champions, LLC (“Crash Champions” or “The Company”), one of the nation’s fastest growing independent collision repair service providers, announced today the appointment

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Clearlake sells majority interest in Floworks to Wynnchurch Capital

January 24, 2023

Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) today announced it has completed the sale of a majority interest in FloWorks International, LLC (“FloWorks” or the “Company”) to Wynnchurch Capital, L.P. (“Wynnchurch”).

CLEARLAKE SELLS MAJORITY INTEREST IN FLOWORKS TO WYNNCHURCH CAPITAL   Under Clearlake’s ownership, FloWorks transformed into a global specialty distribution platform in the flow control category     SANTA MONICA, CA and HOUSTON, TX – January 24, 2023 – Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) today announced it has completed the sale of a majority interest in

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ShiftKey, technology company transforming future of work, closes capital raise

January 12, 2023

ShiftKey, a Dallas-based technology company transforming the future of work by empowering licensed professionals to connect directly with healthcare facilities with open workforce needs, announced today that it has closed on a funding round sponsored by majority investor Lorient Capital, valuing the company in excess of $2 billion.

SHIFTKEY, TECHNOLOGY COMPANY TRANSFORMING FUTURE OF WORK, CLOSES CAPITAL RAISE   DALLAS, Texas, January 12, 2023 —ShiftKey, a Dallas-based technology company transforming the future of work by empowering licensed professionals to connect directly with healthcare facilities with open workforce needs, announced today that it has closed on a funding round sponsored by majority investor Lorient Capital, valuing the company in

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