Marvin Larin

PrimeSource Brands acquires Cobra Anchors, expanding its portfolio of specialty residential building products

August 15, 2024

PrimeSource Brands, a North American provider of specialty branded residential building products backed by Clearlake Capital Group, L.P. (“Clearlake”), announced today that it has acquired Cobra Anchors a provider of branded hollow-wall, universal, and masonry anchors.

PRIMESOURCE  BRANDS ACQUIRES COBRA ANCHORS, EXPANDING ITS PORTFOLIO OF SPECIALTY RESIDENTIAL BUILDING PRODUCTS   A Provider of Hollow-Wall, Universal, and Masonry Anchors to Home Centers, Wholesale, and Industrial Distributors, Cobra Supports PrimeSource Brands’ Next Phase of Growth   IRVING, Texas, SANTA MONICA, Calif., and Montreal, Quebec, Canada, August 15, 2024 – PrimeSource Brands, a North American provider of specialty branded residential building products

Read more

DigiCert to acquire Vercara, strengthening its position as a leader in Digital Trust

August 14, 2024

DigiCert, a leading global provider of digital trust backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), Crosspoint Capital Partners L.P. (“Crosspoint”), and TA Associates Management L.P. (“TA”), today announced that it has entered into a definitive agreement to acquire Vercara from Golden Gate Capital and GIC.

DIGICERT TO ACQUIRE VERCARA, STRENGTHENING ITS POSITION AS A LEADER IN DIGITAL TRUST   Addition of Vercara will expand DigiCert’s capabilities to protect organizations from increased threat of cyberattacks   LEHI, Utah –August 14, 2024—DigiCert, a leading global provider of digital trust backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), Crosspoint Capital Partners L.P. (“Crosspoint”), and TA

Read more

Second Quarter 2024 Investment Activity

July 22, 2024

In the second quarter of 2024 Clearlake closed one platform and four add-on transactions.

In the second quarter of 2024 Clearlake closed one platform and four add-on transactions. Clearlake also announced the anticipated acquisition of Software Integrity Group from Synopsys in a transaction valued at up to $2.1 billion. Clearlake believes this demonstrates the firms capabilities in executing large-scale carve-outs, and underscores our commitment to identifying and unlocking value in sectors where we can

Read more

BBB Industries to acquire All Star Auto Parts, expanding its electronics offering

July 18, 2024

BBB Industries, LLC (“BBB” or the “Company”), a leading sustainable manufacturer serving the automotive, industrial, energy storage, and solar markets, backed by Clearlake Capital Group, L.P. (“Clearlake”), today announced it has entered into a definitive agreement to acquire All Star Auto Parts (“All Star”).

BBB INDUSTRIES TO ACQUIRE ALL STAR AUTO PARTS, EXPANDING ITS ELECTRONICS OFFERING   DAPHNE, ALA. July 22, 2024 – BBB Industries, LLC (“BBB” or the “Company”), a leading sustainable manufacturer serving the automotive, industrial, energy storage, and solar markets, backed by Clearlake Capital Group, L.P. (“Clearlake”), today announced it has entered into a definitive agreement to acquire All Star Auto Parts (“All Star”).

Read more

Clearlake Capital-Backed Discovery Education appoints Brian Shaw as Chief Executive Officer

June 5, 2024

Discovery Education (or the “Company”), a global education technology company backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), today announced the appointment of Brian Shaw as Chief Executive Officer (CEO).

CLEARLAKE CAPITAL-BACKED DISCOVERY EDUCATION APPOINTS BRIAN SHAW AS CHIEF EXECUTIVE OFFICER Shaw, Discovery Education’s Former CFO/COO, to continue Company’s efforts to drive innovation and growth   Charlotte, NC and Santa Monica, CA – June 5, 2024 – Discovery Education (or the “Company”), a global education technology company backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), today announced

Read more

BeyondTrust Acquires Entitle, Strengthening Privileged Identity Security Platform with Paradigm Shifting Just-in-Time Access and Identity Governance

April 17, 2024

BeyondTrust, an intelligent identity and access security provider, today announced a definitive agreement to acquire Entitle, a privilege management solution that discovers, manages, and automates just-in-time (JIT) access and modern identity governance and administration (IGA) across the entire cloud estate.

BEYONDTRUST ACQUIRES ENTITLE, STRENGTHENING PRIVILEGED IDENTITY SECURITY PLATFORM WITH PARADIGM SHIFTING JUST-IN-TIME ACCESS AND IDENTITY GOVERNANCE Entitle is a privilege management solution that discovers, manages, and automates just-in-time (JIT) access and modern identity governance and administration (IGA) across the entire cloud estate. Strategic acquisition is expected to enhance BeyondTrust’s ability to tackle the sophisticated customer challenges of privileged access management

Read more

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

Read more

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

Read more

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

Read more

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”)

Read more