2021
Second Quarter 2021 Investment Activity
July 21, 2021Clearlake’s All-Weather Strategy enabled the firm to successfully deploy capital across multiple core sectors in an increasingly dynamic and tumultuous environment. During Q2 2021, Clearlake announced the acquisition of 2 new platforms and 21 add-ons, as well as 7 full or partial exits.
Clearlake to acquire Bakemark, a leading manufacturer and distributor of bakery ingredients, products, and supplies, from Pamplona Capital
July 20, 2021Clearlake Capital Group, L.P. (together with certain of its affiliates, “Clearlake”) today announced it has signed a definitive agreement to acquire BakeMark USA, LLC (“BakeMark” or the “Company”) from Pamplona Capital Management (“Pamplona”).
symplr closes acquisition of HealthCareSource from Francisco Partners
July 19, 2021symplrÒ, a global leader in enterprise healthcare operations including governance, risk management, and compliance (“GRC”) SaaS solutions, announced today that it has completed its acquisition of HealthcareSource HR Inc. (“HealthcareSource”) from Francisco Partners, a leading global investment firm that specializes in partnering with technology businesses.
Charlesbank to make a strategic investment in Clearlake and Skyknight-backed symplr
July 12, 2021symplr (“symplr” or the “Company”), a global leader in enterprise healthcare operations including governance, risk management, and compliance (“GRC”) SaaS solutions, today announced that Charlesbank Capital Partners, LLC (“Charlesbank”) has signed a definitive agreement to make a significant strategic investment in the Company.
Angeles and Clearlake Complete Sale of ACS to US LBM
July 6, 2021Angeles Equity Partners, LLC (together with certain of its affiliates, “Angeles”) and Clearlake Capital Group, L.P. (together with certain of its affiliates, “Clearlake”) today announced they have completed the sale of American Construction Source (“ACS”) to US LBM Holdings (“US LBM”).
Clearlake Capital-Backed nThrive Names Healthcare Software Veterans Hemant Goel and James Evans as CEO and CFO
July 1, 2021nThrive (the “Company”), a leading provider of healthcare revenue cycle management SaaS solutions backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), today announced the appointment of Hemant Goel as CEO, and James Evans as CFO, effective immediately.
PrimeSource to Acquire Wolf Home Products
June 29, 2021PrimeSource Brands (“PrimeSource” or the “Company”), a North American provider of specialty branded building products, announced today that it has signed a definitive agreement to acquire Wolf Home Products (“Wolf”), a provider of branded kitchen and bath, outdoor living and specialty exterior building products for residential applications, from affiliates of Tenex Capital Management.
Clearlake Capital and Siris-Backed Constant Contact Agrees to Acquire SharpSpring
June 22, 2021Constant Contact, an established leader in online marketing, backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) and Siris Capital (together with its affiliates, “Siris”), today announced it has signed a definitive agreement to acquire SharpSpring, Inc.
American Construction Source Acquires Tanco Lumber
June 22, 2021American Construction Source (“ACS”), a leading national building materials distribution platform for custom home builders and repair and remodel contractors, today announced the acquisition of Tanco Lumber (“Tanco”) with locations in Branson West and Forsyth, Missouri.
Clearlake Capital-Backed Unifrax to Acquire Lydall, Inc. for $62.10 per share
June 21, 2021Unifrax, a leading global provider of high-performance specialty materials focused on thermal management, specialty filtration, battery materials, emission control and fire protection applications backed by Clearlake Capital Group, L.P. (“Clearlake”), today announced it has signed definitive agreements to acquire Lydall, Inc. (NYSE: LDL, “Lydall” or the “Company”), a leader in the design and production of specialty filtration materials and advanced material solutions.
