2022

Clearlake Capital-backed Wheel Pros acquires TeraFlex

April 1, 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 acquired TeraFlex (or “the Company”), a designer, manufacturer and distributor of aftermarket suspensions, shocks, and other components for automotive and off-roading enthusiasts.

CLEARLAKE CAPITAL-BACKED WHEEL PROS ACQUIRES TERAFLEX   Strategic Acquisition Expands Wheel Pros’ Suspension and Performance Shock Product Offerings   GREENWOOD VILLAGE, CO and WEST JORDAN, UT – April 1, 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

Read more

Clearlake Capital-backed nThrive announces name change to FinThrive as part of a forthcoming rebrand

March 28, 2022

nThrive, Inc. (“nThrive” or the “Company”), a healthcare revenue cycle management (“RCM”) software-as-a-service (“SaaS”) platform provider backed by Clearlake Capital Group, L.P. (together with certain affiliates, “Clearlake”), today announced its new name, FinThrive™, which will be formally launched through a pending rebrand.

CLEARLAKE CAPITAL-BACKED NTHRIVE ANNOUNCES NAME CHANGE TO FINTHRIVE AS PART OF A FORTHCOMING REBRAND   New Company vision challenges the traditional approach from legacy incumbent solutions to revenue cycle management software and technology   ALPHARETTA, GA, and SANTA MONICA, CA – March 28, 2022 – nThrive, Inc. (“nThrive” or the “Company”), a healthcare revenue cycle management (“RCM”) software-as-a-service (“SaaS”) platform

Read more

Clearlake Capital and Motive Partners agree to acquire BETA+ from London Stock Exchange Group

March 21, 2022

Clearlake Capital Group, L.P. ("Clearlake") and Motive Partners ("Motive" and collectively, the “Sponsors”), today announced that they have entered into a definitive agreement to acquire the BETA+ assets from London Stock Exchange Group (“LSEG”), which encompasses the assets of BETA (securities processing, custody, clearing, and asset servicing technology), Maxit (cost and tax basis reporting software), and Digital Investor (front-end client solutions), collectively referred to as “BETA+”.

CLEARLAKE CAPITAL AND MOTIVE PARTNERS AGREE TO ACQUIRE BETA+ FROM LONDON STOCK EXCHANGE GROUP   Clearlake Capital and Motive Partners to acquire BETA, Maxit, and Digital Investor from LSEG, adding new capabilities to their wealth ecosystem, and forms a strategic partnership between BETA+, the Sponsors’ portfolio companies and LSEG   Santa Monica, New York, London, March 21, 2022 – Clearlake

Read more

Clearlake Capital-backed Cornerstone enters definitive agreement to acquire EdCast

March 17, 2022

Cornerstone OnDemand, a leader in adaptive cloud-based HR software solutions, today announced it has entered into a definitive agreement to acquire EdCast, a learning experience platform (“LXP”) software provider.

CLEARLAKE CAPITAL-BACKED CORNERSTONE ENTERS DEFINITIVE AGREEMENT TO ACQUIRE EDCAST   Acquisition is a strong fit with Cornerstone’s strategy to transform the learning software market landscape and accelerate Cornerstone’s vision to innovate and reimagine the growth experience for people at work   March 17, 2022, SANTA MONICA, CA – Cornerstone OnDemand, a leader in adaptive cloud-based HR software solutions, today announced

Read more

Clearlake and Siris-backed Newfold Digital expands e-commerce solutions with the acquisition of YITH

March 17, 2022

Newfold Digital, 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 acquired YITH, one of the largest independent sellers and developers of WooCommerce plugins and themes for WordPress, a free and open-source content management system.

CLEARLAKE AND SIRIS-BACKED NEWFOLD DIGITAL EXPANDS E-COMMERCE SOLUTIONS WITH THE ACQUISITION OF YITH   YITH helps customers grow digital storefronts globally as one of the largest providers of WooCommerce plugins   JACKSONVILLE, Florida, March 17, 2022 – Newfold Digital, a leading web and commerce technology provider backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) and Siris Capital

Read more

Crosspoint Capital Partners leads acquisition of RSA Conference

March 15, 2022

Crosspoint Capital Partners (“Crosspoint Capital”), a private equity firm focused on the cybersecurity, privacy and infrastructure software markets, today announced the acquisition of a significant interest in RSA Conference Parent, Inc. (“RSAC” or “RSA Conference”) from affiliates of RSA Security.

CROSSPOINT CAPITAL PARTNERS LEADS ACQUISITION OF RSA CONFERENCE Clearlake Capital and Symphony Technology Group partner with Crosspoint to create independent cybersecurity hub The investment group will provide capital to build upon the world’s largest cybersecurity event and further its heritage as the place where the world talks cybersecurity   MENLO PARK, Calif., March 15, 2022 – Crosspoint Capital Partners (“Crosspoint

Read more

symplr purchases Greenlight Medical, leading provider of healthcare supply chain management software

March 10, 2022

symplr®, the leader in enterprise healthcare operations, backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) and Charlesbank Capital Partners (together with its affiliates, “Charlesbank”), today announced that it has entered into an agreement to purchase GreenLight Medical, Inc. (“GreenLight Medical”), a provider of healthcare supply chain management software.

SYMPLR PURCHASES GREENLIGHT MEDICAL, LEADING PROVIDER OF HEALTHCARE SUPPLY CHAIN MANAGEMENT SOFTWARE   Acquisition creates a comprehensive cloud-based software platform for value-based purchasing decision support, enabling healthcare organizations to make timely and data-driven decisions     NASHVILLE, TN and HOUSTON, TX – March 9, 2022 – symplr®, the leader in enterprise healthcare operations, backed by Clearlake Capital Group, L.P. (together with its affiliates,

Read more

Clearlake Capital to acquire Discovery Education from Francisco Partners

March 9, 2022

Discovery Education, Inc., (“Discovery Education” or the “Company”), a global edtech company whose digital learning software platform supports educators and improves student achievement, today announced it has entered into a definitive agreement to be acquired by an affiliate of Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”).

CLEARLAKE CAPITAL TO ACQUIRE DISCOVERY EDUCATION FROM FRANCISCO PARTNERS   New Investment to Accelerate Growth and Expedite Delivery of Discovery Education’s Digital Learning Platform to Educators and Students Worldwide     SANTA MONICA, CA and CHARLOTTE, NC – March 9, 2022 – Discovery Education, Inc., (“Discovery Education” or the “Company”), a global edtech company whose digital learning software platform supports

Read more

Newfold Digital agrees to acquire Deluxe’s Australia web hosting operations

March 8, 2022

Newfold Digital, a leading web and commerce technology company backed by Clearlake Capital Group, L.P. and Siris Capital Group, LLC, today announced it has entered into a definitive agreement with Deluxe (NYSE:DLX), a Trusted Payments and Business Technology™ company, to acquire Deluxe’s Australia web hosting business (Hostopia Australia).

NEWFOLD DIGITAL AGREES TO ACQUIRE DELUXE’S AUSTRALIA WEB HOSTING OPERATIONS   JACKSONVILLE, Fla. and MINNEAPOLIS, Mn. – (BUSINESS WIRE) – March 8, 2022 — Newfold Digital, a leading web and commerce technology company backed by Clearlake Capital Group, L.P. and Siris Capital Group, LLC, today announced it has entered into a definitive agreement with Deluxe (NYSE:DLX), a Trusted Payments and

Read more

Clearlake Capital-backed Dude Solutions rebrands to Brightly Software

March 8, 2022

Dude Solutions, the leading SaaS provider of cloud-based operations management solutions, today announced it has rebranded to Brightly Software (“Brightly” or the “Company”).

CLEARLAKE CAPITAL-BACKED DUDE SOLUTIONS REBRANDS TO BRIGHTLY SOFTWARE   New brand reflects Company’s vision to leverage software and data to power smarter assets and sustainable communities with intelligent asset management solutions   CARY, N.C., (BUSINESS WIRE) March 8, 2022 – Dude Solutions, the leading SaaS provider of cloud-based operations management solutions, today announced it has rebranded to Brightly Software (“Brightly”

Read more