2022
Clearlake Capital closes Clearlake Opportunities Partners III with more than $2.5 billion in commitments
September 20, 2022Clearlake Capital Group, L.P. (“Clearlake” or the “Firm”), an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies, announced today it has completed fundraising for Clearlake Opportunities Partners III (“COP III” or the “Fund”) with more than $2.5 billion in commitments.
Newfold Digital signs agreement to acquire MarkMonitor from Clarivate
September 12, 2022Clarivate Plc (NYSE:CLVT), a global leader in providing trusted information and insights to accelerate the pace of innovation, today announced that Newfold Digital (“Newfold”), a leading web and commerce technology provider backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) and Siris Capital Group, LLC (together with its affiliates, “Siris”), has signed a definitive agreement to purchase MarkMonitor™, an industry-leading enterprise-level provider of domain management solutions.
Clearlake Capital-Backed Discovery Education acquires Pivot Interactives
August 31, 2022Discovery Education, a global edtech company backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), today announced it has acquired Minneapolis, MN-based Pivot Interactives SBC. Led by a team of science teachers, practitioners, and students, Pivot Interactives develops dynamic cloud-based activities and labs that actively engage students in the authentic exploration of real scientific phenomena.
TA and Clearlake Capital-Backed Kofax Completes Acquisition of Ephesoft
August 18, 2022Kofax® (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.
Clearlake Capital-Backed Discovery Education Acquires DoodleLearning
August 16, 2022Discovery Education—the worldwide edtech leader backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”)—today announced the acquisition of DoodleLearning.
Clearlake Capital-Backed Cornerstone Completes Acquisition of SumTotal
August 16, 2022Cornerstone 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).
Clearlake Capital-backed FloWorks acquires Flotech
August 8, 2022FloWorks International LLC (“FloWorks”), a specialty flow control distribution platform backed by Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake"), today announced it has acquired Flotech, Inc. ("Flotech" or the "Company"), a value-added distributor and servicer of industrial valves. Financial terms of the transaction were not disclosed.
Clearlake Capital completes sale of Brightly Software to Siemens
August 4, 2022Clearlake Capital Group, L.P. (together with certain of its affiliates, “Clearlake”) today announced it has completed the sale of Brightly Software, Inc. (“Brightly Software”, “Brightly” or the “Company”) to Siemens AG (“Siemens”) (FRA:SIE) for $1.575 billion of upfront cash consideration, along with $300 million in cash earn-out payments, for a total of $1.875 billion.
Clearlake Capital completes acquisition of BBB Industries
July 28, 2022BBB Industries LLC, (“BBB” or the “Company”), a leading sustainable manufacturer of non-discretionary automotive, industrial, energy storage, and solar parts, announced today that it has been acquired by an affiliate of Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) from Genstar Capital (together with its affiliates, “Genstar”).
Clearlake Capital and TA Associates complete acquisition of Kofax
July 25, 2022Kofax® (or “the Company”), a leading supplier of intelligent automation software for digital workflow transformation, today announced that Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) and TA Associates (“TA”) have completed their acquisition of the Company from Thoma Bravo.
