2020

PERFORCE SOFTWARE ACQUIRES METHODICS, EXPANDING DEVOPS PORTFOLIO

July 20, 2020

Perforce Software, Inc. (“Perforce”), a provider of solutions to enterprise teams requiring productivity, visibility, and scale along the development lifecycle, backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) and Francisco Partners, today announced it has acquired Methodics Inc. (“Methodics”), a leading provider of intellectual property lifecycle management and traceability solutions for enterprises.

Perforce Software Acquires Methodics, Expanding DevOps Portfolio   Perforce Continues to Grow Platform Already Used by Top Semiconductor Companies   MINNEAPOLIS, SAN FRANCISCO, and SANTA MONICA, July 20, 2020 – Perforce Software, Inc. (“Perforce”), a provider of solutions to enterprise teams requiring productivity, visibility, and scale along the development lifecycle, backed by Clearlake Capital Group, L.P. (together with its affiliates,

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EAGLEVIEW APPOINTS TECHNOLOGY INDUSTRY VETERAN CHRIS JURASEK AS CHIEF EXECUTIVE OFFICER

July 14, 2020

EagleView, a leading technology provider of aerial imagery, data analytics and GIS solutions, today announced the appointment of Chris Jurasek as Chief Executive Officer, effective immediately. In this role, he will drive the company’s customer-focused product innovation and market expansion strategies.

EagleView Appoints Technology Industry Veteran Chris Jurasek as Chief Executive Officer   Former CEO Rishi Daga to serve as Vice Chairman   Bellevue, Wa., July 14, 2020 – EagleView, a leading technology provider of aerial imagery, data analytics and GIS solutions, today announced the appointment of Chris Jurasek as Chief Executive Officer, effective immediately. In this role, he will drive the company’s customer-focused

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AMERICAN CONSTRUCTION SOURCE ACQUIRES WEAVER LUMBER

July 7, 2020

American Construction Source (“ACS”), a leading national building materials distribution platform for custom home builders and repair and remodel contractors, backed by Angeles Equity Partners, LLC (“Angeles”) and Clearlake Capital Group, L.P. (together with its affiliates “Clearlake”), today announced the acquisition of Weaver Lumber (“Weaver”).  Weaver will continue to operate under its existing local brand name of Weaver Lumber.

AMERICAN CONSTRUCTION SOURCE ACQUIRES WEAVER LUMBER   The seventh transaction by ACS Expands LBM Distribution, Component and Millwork Manufacturing Capacity, and Specialty Installation Services in Northern California   SPRINGFIELD, MO – July 7, 2020 – American Construction Source (“ACS”), a leading national building materials distribution platform for custom home builders and repair and remodel contractors, backed by Angeles Equity Partners,

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CLEARLAKE CAPITAL-BACKED UNIFRAX ACQUIRES REX MATERIALS GROUP

July 2, 2020

Unifrax, a leading global provider of high-performance specialty materials focused on thermal management, emission control, batteries, specialty filtration and fire protection applications and backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), has acquired Rex Materials Group (“Rex Materials”), a leading manufacturer of engineered thermal components.

Clearlake Capital-Backed Unifrax Acquires Rex Materials Group   Expands Unifrax’s Global Leadership in Innovative Engineered Components for High Temperature Applications   Tonawanda, NY – July 2, 2020 – Unifrax, a leading global provider of high-performance specialty materials focused on thermal management, emission control, batteries, specialty filtration and fire protection applications and backed by Clearlake Capital Group, L.P. (together with its

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MODERN GOVERNANCE 12.0: CLEARLAKE AND INSIGHT BACKED DILIGENT LAUNCHES MODERN LEADERSHIP TO HELP ORGANIZATIONS BUILD MORE DIVERSE AND INCLUSIVE BOARDS AND LEADERSHIP TEAMS

June 26, 2020

Diligent Corporation, a leading modern governance company used by nearly 700,000 board directors and leaders, today introduced Modern Leadership – an initiative to provide senior leaders with the resources, insights, partnerships, and technology they need to further catalyze diversity in their organizations and modernize governance.

MODERN GOVERNANCE 12.0: CLEARLAKE AND INSIGHT BACKED DILIGENT LAUNCHES MODERN LEADERSHIP TO HELP ORGANIZATIONS BUILD MORE DIVERSE AND INCLUSIVE BOARDS AND LEADERSHIP TEAMS Diligent Director Network Creates the Largest and Most Diverse Community of Board-Ready Executives; Creation of More than 50 New Board Roles for Diverse Candidates by Participating Leading Private Equity Firms; Partnership with Spencer Stuart to Post Board

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CLEARLAKE CAPITAL ACQUIRES WHITESTAR ASSET MANAGEMENT

June 24, 2020

WhiteStar Asset Management (“WhiteStar”), Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake"), and Pine Brook Capital Partners (“Pine Brook”) announced today that Clearlake has acquired a majority stake in WhiteStar from Pine Brook in partnership with WhiteStar’s management team, led by Chief Executive Officer Gibran Mahmud. The Clearlake and WhiteStar combined assets under management (“AUM”) are now approximately $24 billion. 

CLEARLAKE CAPITAL ACQUIRES WHITESTAR ASSET MANAGEMENT   DALLAS, TX, SANTA MONICA, CA, AND NEW YORK, NY – June 24, 2020 – WhiteStar Asset Management (“WhiteStar”), Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), and Pine Brook Capital Partners (“Pine Brook”) announced today that Clearlake has acquired a majority stake in WhiteStar from Pine Brook in partnership with WhiteStar’s management

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GRAVITY ANNOUNCES EXTENSIVE CRUDE AND OIL BASED MUD STORAGE CAPACITY

April 30, 2020

Gravity, a leading water and energy infrastructure company backed by affiliates of Clearlake Capital Group, L.P. (“Clearlake”), announced today that it is offering its inventory of crude oil storage tanks to operators in the Permian, Haynesville, and Eagle Ford.

GRAVITY ANNOUNCES EXTENSIVE CRUDE AND OIL BASED MUD STORAGE CAPACITY   Water and Energy Infrastructure Company has More than 5,000 Tanks and Stands Ready to Assist with Storage Needs   Houston, TX, April 28, 2020 — Gravity, a leading water and energy infrastructure company backed by affiliates of Clearlake Capital Group, L.P. (“Clearlake”), announced today that it is offering its inventory

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CLEARLAKE CAPITAL GROUP ANNOUNCES SENIOR PROMOTIONS AND NEW ADDITIONS

April 24, 2020

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.

Clearlake Capital Group Announces Senior Promotions and New Additions   Promotions Include Fred Ebrahemi to Chief Operating Officer and Paul Huber to Principal; John Cannon Joins as Managing Director, O.P.S.® & Deputy General Counsel   SANTA MONICA, CA – April 24, 2020 – Clearlake Capital Group, L.P. (“Clearlake”), a leading investment firm that invests in the technology, industrials, and consumer

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CLEARLAKE CAPITAL GROUP CLOSES SIXTH FLAGSHIP PRIVATE EQUITY INVESTMENT FUND OVER $7 BILLION

April 14, 2020

Clearlake Capital Group, L.P. (“Clearlake”), a leading investment firm that invests in the technology, industrials, and consumer sectors, today announced it has completed fundraising for its sixth private equity fund, Clearlake Capital Partners VI (“Fund VI”), with more than $7 billion in commitments.

CLEARLAKE CAPITAL GROUP CLOSES SIXTH FLAGSHIP PRIVATE EQUITY INVESTMENT FUND OVER $7 BILLION Oversubscribed Fund VI Allows Clearlake to Continue Executing All-Weather, Sector-Focused Strategy with Proven Operational Improvement Approach   SANTA MONICA, CA – April 14, 2020 — Clearlake Capital Group, L.P. (“Clearlake”), a leading investment firm that invests in the technology, industrials, and consumer sectors, today announced it has

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READYLIFT SUSPENSIONS, A DIVISION OF CLEARLAKE CAPITAL-BACKED WHEEL PROS, ACQUIRES ZBROZ RACING

April 8, 2020

ReadyLIFT Suspensions (“ReadyLIFT”), a global leader in vehicle aftermarket leveling and lift kit solutions, today announced that it has acquired Zbroz Racing (“Zbroz”), a prominent aftermarket performance parts manufacturer focused on UTV and snowmobile suspension components.

ReadyLIFT Suspensions, a Division of Clearlake Capital-Backed Wheel Pros, Acquires Zbroz Racing   Acquisition of Prominent Performance Parts Manufacturer as Part of Wheel Pros Platform   SANTA MONICA, CA, GREENWOOD VILLAGE, CO, and HENDERSON, NV – April 8, 2020 – ReadyLIFT Suspensions (“ReadyLIFT”), a global leader in vehicle aftermarket leveling and lift kit solutions, today announced that it has acquired

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