Marvin Larin
ShiftKey, technology company transforming future of work, closes capital raise
January 12, 2023ShiftKey, 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.
Voyager Interests acquires Knight Energy Services
November 3, 2022Voyager Interests (“Voyager”), a private equity firm specializing in the energy services and equipment sector, today announced its acquisition of Knight Energy Services (“Knight” or the “Company”) from Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”).
Concert Golf Partners, a portfolio company of Clearlake Capital, closes new strategic investment from Centroid Investment Partners, owner of TaylorMade
September 28, 2022Concert Golf Partners (“Concert Golf,” “CGP” or the “Company”) announced today that it has received a strategic investment from Centroid Investment Partners (“Centroid”), a Seoul-based private equity firm and the owner of TaylorMade Golf Company (“TaylorMade”).
Clearlake Capital closes Clearlake Opportunities Partners III with more than $2.5 billion in commitments
September 20, 2022Clearlake Capital Group, L.P. (“Clearlake” or the “Firm”), an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies, announced today it has completed fundraising for Clearlake Opportunities Partners III (“COP III” or the “Fund”) with more than $2.5 billion in commitments.
Clearlake Capital-Backed Discovery Education acquires Pivot Interactives
August 31, 2022Discovery Education, a global edtech company backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), today announced it has acquired Minneapolis, MN-based Pivot Interactives SBC. Led by a team of science teachers, practitioners, and students, Pivot Interactives develops dynamic cloud-based activities and labs that actively engage students in the authentic exploration of real scientific phenomena.
Clearlake Capital completes acquisition of BBB Industries
July 28, 2022BBB Industries LLC, (“BBB” or the “Company”), a leading sustainable manufacturer of non-discretionary automotive, industrial, energy storage, and solar parts, announced today that it has been acquired by an affiliate of Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) from Genstar Capital (together with its affiliates, “Genstar”).
Clearlake Capital and TA Associates complete acquisition of Kofax
July 25, 2022Kofax® (or “the Company”), a leading supplier of intelligent automation software for digital workflow transformation, today announced that Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) and TA Associates (“TA”) have completed their acquisition of the Company from Thoma Bravo.
Clearlake Capital Group announces senior promotions and new additions
July 15, 2022Clearlake Capital Group, L.P. (“Clearlake”), an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies, today announced several senior executive promotions and new additions to the Clearlake team.
Crash Champions announces growth investment from Clearlake and strategic transaction with Service King
July 14, 2022Crash Champions (“Crash Champions” or the “Company”), one of the nation’s fastest growing independent collision repair service providers, announced today that it has entered into an agreement to receive a growth investment from Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) and will simultaneously execute a strategic transaction with Service King Collision (“Service King”). Crash Champions’ management team and operating partners, alongside Clearlake, will lead the combined Company going forward.
2022 Q2 Investment Activity
July 11, 2022In Q2 2022, Clearlake announced a total of 3 exits; 7 new platforms acquisitions, inclusive of 2 structured investments; and 9 add-ons. Clearlake and WhiteStar have continued to provide direct structured credit-orientated capital solutions to U.S. and European operating companies. Clearlake and WhiteStar have invested ~$3.5 billion in credit-oriented products in U.S. and European issuers in the form of primary and secondary structured debt investment, senior and junior secured and unsecured debt, participating preferred, and other credit-oriented structures. We continue to remain active across our core sectors, develop and expand our industry scope, and look for ways to creatively invest.
