Marvin Larin
Second Quarter 2023 Investment Activity
July 18, 2023"In the second quarter of 2023, Clearlake announced one exit and eight add-on transactions."
BBB Industries acquires Hydraulex, expanding its industrial sector offerings
July 17, 2023BBB 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.
Clearlake and STG complete sale of Archer to Cinven
July 10, 2023Clearlake 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.
BBB industries continues European expansion with acquisition of Inter- Turbo in Poland
May 30, 2023BBB 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.
Confluence, backed by Clearlake Capital and TA Associates, welcomes longtime asset management executive Joan Binstock to board of directors
April 24, 2023Confluence 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.
Clearlake and Motive-backed software platform BetaNXT expands capabilities, growth opportunities with acquisition of Mediant Communications
March 1, 2023BetaNXT, 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.
Crash Champions announces appointment of automotive services industry veteran Tom Feeney to its board of directors
February 27, 2023Crash 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.
Clearlake sells majority interest in Floworks to Wynnchurch Capital
January 24, 2023Clearlake 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”).
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”).
