Funds managed by affiliates of Apollo Global Management, LLC (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) announced today that they have signed definitive agreements to acquire AmQuip Crane Rental (“AmQuip”) from affiliates of Clearlake Capital Group, L.P. (“Clearlake”) and Maxim Crane Works (“Maxim”) from affiliates of Platinum Equity. Upon the closing of these transactions, Apollo intends to combine Maxim and AmQuip, creating a premier lifting solutions provider with a modern crane rental fleet comprised of more than 1,950 cranes, a comprehensive set of value-added service capabilities and a broad geographic footprint across North America. The proposed transactions are subject to regulatory approval and customary closing conditions. Financial terms of the transactions were not disclosed.
Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) announced that it has acquired That’s How We Roll, LLC (“THWR” or the “Company”), a leading provider of high quality, branded, better-for-you snacks in North America, including flagship brands Mrs. Thinsters and Dippin’ Chips. The acquisition was completed as part of Clearlake’s recently announced Better For You Holdings platform. Transaction terms were not announced.
Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake") and Globe Energy Services, LLC (“Globe” or the “Company”) today announced that Clearlake has led the successful recapitalization of Globe in partnership with the Company’s management team and other existing stakeholders. Terms of the transaction were not disclosed.
Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) today announced the launch of Better For You Holdings, a new platform focused on investments in emerging food and health & wellness trends. Through its Better For You platform, Clearlake is partnering with food industry veterans Jason Cohen and Leigh Feuerstein of Halen Brands, a recently-formed venture focused on investing in dynamic, high growth segments within the food products sector.