2022

ShiftKey makes a strategic investment in workforce management platform OnShift

June 23, 2022

ShiftKey, the largest platform for connecting independent licensed healthcare professionals with open shifts at healthcare facilities in the U.S. announced today that it has completed a strategic investment in Cleveland-based OnShift, the leading provider of workforce management technology for post-acute and long-term care facilities.

SHIFTKEY MAKES A STRATEGIC INVESTMENT IN WORKFORCE MANAGEMENT PLATFORM ONSHIFT   DALLAS, June 22, 2022 /PRNewswire/ — ShiftKey, the largest platform for connecting independent licensed healthcare professionals with open shifts at healthcare facilities in the U.S. announced today that it has completed a strategic investment in Cleveland-based OnShift, the leading provider of workforce management technology for post-acute and long-term care

Read more

Clearlake Capital-backed Wheel Pros agrees to acquire Transamerican auto parts from Polaris

June 16, 2022

Wheel Pros, a designer, manufacturer and distributor of proprietary branded aftermarket vehicle enhancements for light trucks, SUVs, passenger cars and ATVs/UTVs backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) and in partnership with management, today announced it has entered into a definitive agreement to acquire Transamerican Auto Parts (“TAP” or “the Company”) from Polaris  Inc. (NYSE: PII), the global leader in powersports.

CLEARLAKE CAPITAL-BACKED WHEEL PROS AGREES TO ACQUIRE TRANSAMERICAN AUTO PARTS FROM POLARIS   Strategic Acquisition Creates a Vertically Integrated Omnichannel Platform for Aftermarket Automotive Parts and Accessories   GREENWOOD VILLAGE, CO and COMPTON, CA – June 16, 2022 – Wheel Pros, a designer, manufacturer and distributor of proprietary branded aftermarket vehicle enhancements for light trucks, SUVs, passenger cars and ATVs/UTVs

Read more

Clearlake Capital-backed Cornerstone enters definitive agreement to acquire SumTotal, a Skillsoft Company

June 13, 2022

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 entered into a definitive agreement with Skillsoft (NYSE: SKIL), to acquire SumTotal, a provider of learning and human capital management software-as-a-service (“SaaS”) for customers in highly regulated and complex industries.

CLEARLAKE CAPITAL-BACKED CORNERSTONE ENTERS DEFINITIVE AGREEMENT TO ACQUIRE SUMTOTAL, A SKILLSOFT COMPANY Strategic combination will further expand Cornerstone’s capabilities, enhance reach of employee-centric innovation, and broaden vertical expertise in highly regulated markets SANTA MONICA, Calif. — June 13, 2022 — Cornerstone OnDemand, Inc., a leader in adaptive cloud-based HR software solutions, backed by Clearlake Capital Group, L.P. (together with its

Read more

Zywave acquires Strategic Insurance Software (SIS), Strengthens position as an innovative leader in the digital insurance agency platform space

June 9, 2022

Insurtech leader Zywave, backed by Clearlake Capital Group L.P. (together with its affiliates, “Clearlake”) and Aurora Capital today announced the acquisition of Columbus, OH-based Strategic Insurance Software (SIS), a provider of web-based agency management systems (AMS) and customer relationship management (CRM) solutions for P&C insurance agencies.

ZYWAVE ACQUIRES STRATEGIC INSURANCE SOFTWARE (SIS), STRENGTHENS POSITION AS AN INNOVATIVE LEADER IN THE DIGITAL INSURANCE AGENCY PLATFORM SPACE   The addition of SIS rounds out Zywave’s portfolio of agency management system solutions for employee benefits, commercial, and personal lines   MILWAUKEE, WI – (June 9, 2022) – Insurtech leader Zywave, backed by Clearlake Capital Group L.P. (together with its

Read more

DigiCert Acquires DNS Made Easy, Extending its Leadership in Digital Trust with Enterprise-Grade Managed DNS Services

June 9, 2022

DigiCert, Inc., a leading global provider of Digital Trust, backed by Clearlake Capital Group L.P. (together with its affiliates, “Clearlake”), Crosspoint Capital Partners L.P. (“Crosspoint”) and TA Associates (“TA”), today announced that it has acquired DNS Made Easy, a global provider of enterprise-grade managed Domain Name System (DNS) services, as well as affiliated brands, including Constellix. Terms of the transaction were not disclosed.

DIGICERT ACQUIRES DNS MADE EASY, EXTENDING ITS LEADERSHIP IN DIGITAL TRUST WITH ENTERPRISE-GRADE MANAGED DNS SERVICES   Deal advances DigiCert’s vision to deliver comprehensive managed security solutions   (LEHI, Utah) – (June 9, 2022) – DigiCert, Inc., a leading global provider of Digital Trust, backed by Clearlake Capital Group L.P. (together with its affiliates, “Clearlake”), Crosspoint Capital Partners L.P. (“Crosspoint”)

Read more

SamaCare, a Cloud-Based Prior Authorization Platform for Specialty Medications, Closes $12m Series A to Expand Company’s Reach

June 1, 2022

SamaCare, a prior authorization platform for physician-administered medications, today announced the close of a $12 million Series A funding round led by Clearlake Capital-backed Vive CollectiveTM, with participation from existing investors including NextView Ventures, South Park Commons, and Susa Capital.

SAMACARE, A CLOUD-BASED PRIOR AUTHORIZATION PLATFORM FOR SPECIALTY MEDICATIONS, CLOSES $12M SERIES A TO EXPAND COMPANY’S REACH   Clearlake Capital-backed Vive CollectiveTM led the investment with participation from existing investors   San Francisco, CA – June 1, 2022 – SamaCare, a prior authorization platform for physician-administered medications, today announced the close of a $12 million Series A funding round led

Read more

Service King reaches agreement with key financial stakeholders to recapitalize business

May 31, 2022

Service King (or the “Company”), a national operator of auto body collision repair facilities, today announced its entry into a comprehensive agreement with key financial stakeholders that will provide the Company with new capital, reduce debt, extend remaining existing debt maturities, and position Service King to increase reinvestment for long term growth.

SERVICE KING REACHES AGREEMENT WITH KEY FINANCIAL STAKEHOLDERS TO RECAPITALIZE BUSINESS   Capital Injection Strengthens Service King’s Financial Position by Reducing Net Indebtedness by Over $500 Million   DALLAS, TX – May 31, 2022 – Service King (or the “Company”), a national operator of auto body collision repair facilities, today announced its entry into a comprehensive agreement with key financial

Read more

Consortium led by Todd Boehly and Clearlake Capital completes acquisition of Chelsea Football Club

May 30, 2022

The consortium led by Todd Boehly, chairman and CEO of Eldridge, and Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), today announced completion of the ownership transfer of Chelsea Football Club (“Chelsea FC” or “the Club”).

CONSORTIUM LED BY TODD BOEHLY AND CLEARLAKE CAPITAL COMPLETES ACQUISITION OF CHELSEA FOOTBALL CLUB   New joint control owners are committed to growth and building on the tradition of unparalleled football excellence   LONDON, ENGLAND, May 30, 2022 — The consortium led by Todd Boehly, chairman and CEO of Eldridge, and Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”),

Read more

BBB Industries announces acquisition by Clearlake to fuel continued growth for leading sustainable manufacturing platform

May 19, 2022

BBB Industries, LLC (BBB), a sustainable manufacturer and leader in the automotive aftermarket, today announced that it has entered into a definitive agreement to be acquired by Clearlake Capital Group, L.P. (together with its affiliates “Clearlake”) with continued investment by Genstar Capital (Genstar) and BBB’s management team.

BBB INDUSTRIES ANNOUNCES ACQUISITION BY CLEARLAKE TO FUEL CONTINUED GROWTH FOR LEADING SUSTAINABLE MANUFACTURING PLATFORM Investments by Genstar and Management to Continue     DAPHNE, ALABAMA, May 19, 2022 – BBB Industries, LLC (BBB), a sustainable manufacturer and leader in the automotive aftermarket, today announced that it has entered into a definitive agreement to be acquired by Clearlake Capital Group,

Read more

Clearlake Capital closes seventh flagship private equity fund with more than $14.1 billion in commitments

May 18, 2022

Clearlake Capital Group, L.P. (“Clearlake”), an investment firm that focuses on technology, industrials, and consumer industries, announced today it has completed fundraising for its seventh flagship private equity fund, Clearlake Capital Partners VII (“Fund VII”), with more than $14.1 billion in commitments.

CLEARLAKE CAPITAL CLOSES SEVENTH FLAGSHIP PRIVATE EQUITY FUND WITH MORE THAN $14.1 BILLION IN COMMITMENTS Oversubscribed Fund VII to Continue Utilizing Consistent Investment Strategy Focused on Core Technology, Industrials and Consumer Sectors   SANTA MONICA, CA – May 18, 2022 – Clearlake Capital Group, L.P. (“Clearlake”), an investment firm that focuses on technology, industrials, and consumer industries, announced today it

Read more