Clearlake 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 (“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.
In 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.
Service King (or the “Company”), a national operator of auto body collision repair facilities, today announced its entry into a comprehensive agreement with key financial stakeholders that will provide the Company with new capital, reduce debt, extend remaining existing debt maturities, and position Service King to increase reinvestment for long term growth.
The consortium led by Todd Boehly, chairman and CEO of Eldridge, and Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), today announced completion of the ownership transfer of Chelsea Football Club (“Chelsea FC” or “the Club”).
BBB Industries, LLC (BBB), a sustainable manufacturer and leader in the automotive aftermarket, today announced that it has entered into a definitive agreement to be acquired by Clearlake Capital Group, L.P. (together with its affiliates “Clearlake”) with continued investment by Genstar Capital (Genstar) and BBB’s management team.
Clearlake Capital Group, L.P. (“Clearlake”), an investment firm that focuses on technology, industrials, and consumer industries, announced today it has completed fundraising for its seventh flagship private equity fund, Clearlake Capital Partners VII (“Fund VII”), with more than $14.1 billion in commitments.
AMCS, a leading global supplier of integrated cloud-based software and vehicle technology for the environmental, utilities, waste, recycling, and resource industries, announced today that it has entered into an agreement to acquire Quentic, one of the leading solution providers of Software as a Service for EHSQ and ESG management, for an undisclosed amount.
PrimeSource Brands (“PrimeSource” or the “Company”), a North American provider of specialty branded residential building products backed by Clearlake Capital Group, L.P. (“Clearlake”), announced today that it has acquired Axxis, LLC (“Axxis”), a provider of fastening tools and collated fasteners.
“In Q1 2022, Clearlake’s momentum continued with the announcement of 3 new platforms and 13 add-ons. The new platforms are expected to strengthen our capabilities in EdTech, FinTech, and Packaging.”