In 2022, Clearlake closed Clearlake Capital Partners VII at $14.1b, our largest control fund, to date, and Clearlake Opportunities Partners III at $2.5b, our largest non-control fund, to date. We finished the year with 11 new portfolio company platforms, 37 add-ons to existing portfolio companies and 5 realizations.
Kofax® (or the “Company”), a leading supplier of Intelligent Automation (IA) software for digital workflow transformation, backed by TA Associates (“TA”) and Clearlake Capital Group, L.P. (together with its affiliates “Clearlake”), today announced it has acquired Ephesoft Inc.
Discovery Education—the worldwide edtech leader backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”)—today announced the acquisition of DoodleLearning.
Cornerstone OnDemand, Inc., a leader in adaptive cloud-based HR software solutions backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), today announced it has completed its acquisition of SumTotal, a provider of learning and human capital management software-as-a-service solutions (“SaaS”), previously a part of Skillsoft (NYSE: SKIL).
Provation, the premier software provider of procedure documentation and clinical decision support solutions, backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), today announced that Bill Franck has joined Provation as Chief Sales Officer (CSO) effective immediately.
Clearlake Capital Group, L.P. (“Clearlake”), a leading investment firm that invests in the technology, industrials, and consumer industries, today announced senior executive promotions and new additions to the team.
Wheel Pros and MHT Luxury Wheels, Inc. (“MHT”), two leading designers, marketers, and distributors of branded automotive aftermarket wheels and accessories, today announced that they have combined to form the largest automotive aftermarket wheel platform in the world. This transformative transaction brings together the leading brands in the market such as Fuel, KMC, American Racing, Rotiform, and others under one organization.
NetDocuments, the leading secure cloud-based content services platform for law firms and corporate legal and compliance departments, today announced the closing of a significant new equity investment from Cove Hill Partners, L.P. (together with its affiliates, “Cove Hill’).
Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) today announced that it has signed a definitive agreement to acquire Dude Solutions (“Dude Solutions”, “Dude” or the “Company”), the leading operations management software-as-a-service (“SaaS”) platform, from Warburg Pincus. The Company will continue to be led by the current management team, including Ed Roshitsh, CEO. Financial terms were not disclosed.