2023

First Quarter 2023 Investment Activity

April 17, 2023

"Despite the challenged market landscape, Clearlake closed two exits and four add-on transactions in the first quarter of 2023."

“Despite the challenged market landscape, Clearlake closed two exits and four add-on transactions in the first quarter of 2023. Clearlake remains committed to delivering flexible and creative capital solutions for control and non-control investments across technology, industrials, and consumer. We continue to lean into our multi-product approach, encompassing private equity, special situations, and credit, to ensure we stay agile and

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Clearlake and STG to sell Archer to Cinven

April 13, 2023

Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) and Symphony Technology Group (“STG”) announced today that they have entered into a definitive agreement to sell Archer (the “Company”) to Cinven.

  CLEARLAKE AND STG TO SELL ARCHER TO CINVEN   Under Clearlake’s and STG’s ownership, Archer has transformed into a leading end-to-end integrated risk management software-as-a-service platform serving customers around the world   Santa Monica, CA, Menlo Park, CA, London, UK, and Overland Park, KS – April 13, 2023 – Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) and Symphony

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Appriss retail appoints Michael Osborne as chief executive officer

March 23, 2023

Appriss Retail, a leading provider of data and analytics solutions designed to reduce retail losses, decrease returns, and provide a more seamless consumer experience, today announced the appointment of Michael Osborne as Chief Executive Officer (CEO).

APPRISS RETAIL APPOINTS MICHAEL OSBORNE AS CHIEF EXECUTIVE OFFICER   Osborne brings a data and analytics-driven approach to drive continued growth worldwide   IRVINE, CA – March 23, 2023 – Appriss Retail, a leading provider of data and analytics solutions designed to reduce retail losses, decrease returns, and provide a more seamless consumer experience, today announced the appointment of Michael

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Clearlake Capital-backed Discovery Education names edtech veteran Jeremy Cowdrey as CEO

March 2, 2023

Discovery Education (or the “Company”), a global edtech company backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), today announced the appointment of Jeremy Cowdrey as Chief Executive Officer (CEO).

CLEARLAKE CAPITAL-BACKED DISCOVERY EDUCATION NAMES EDTECH VETERAN JEREMY COWDREY AS CEO   Appointment Signals a Continued Focus on Driving Growth and Impact   Charlotte, NC and Santa Monica, CA – March 2, 2023 – Discovery Education (or the “Company”), a global edtech company backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), today announced the appointment of Jeremy Cowdrey as Chief Executive

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Clearlake and Motive-backed software platform BetaNXT expands capabilities, growth opportunities with acquisition of Mediant Communications

March 1, 2023

BetaNXT, a provider of wealth management infrastructure software with real-time data capabilities and an enhanced advisor experience, today announced that certain affiliates of BetaNXT have acquired Mediant Communications (“Mediant”), a provider of investor communications technology and technology-enabled solutions to banks, brokers, corporations, funds, and investment managers.

CLEARLAKE AND MOTIVE-BACKED SOFTWARE PLATFORM BETANXT EXPANDS CAPABILITIES, GROWTH OPPORTUNITIES WITH ACQUISITION OF MEDIANT COMMUNICATIONS   Transaction builds on firm’s end-to-end wealth solutions software platform, adds investor communications and proxy solutions   New York, NY – March 1, 2023 – BetaNXT, a provider of wealth management infrastructure software with real-time data capabilities and an enhanced advisor experience, today announced that

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Crash Champions announces appointment of automotive services industry veteran Tom Feeney to its board of directors

February 27, 2023

Crash Champions, LLC (“Crash Champions” or “The Company”), one of the nation’s fastest growing independent collision repair service providers, announced today the appointment of Tom Feeney to its Board of Directors.

CRASH CHAMPIONS ANNOUNCES APPOINTMENT OF AUTOMOTIVE SERVICES INDUSTRY VETERAN TOM FEENEY TO ITS BOARD OF DIRECTORS   Former Safelite CEO will Support Crash Champions’ Continued Growth   Chicago, IL and Santa Monica, CA, [February 27, 2023] – Crash Champions, LLC (“Crash Champions” or “The Company”), one of the nation’s fastest growing independent collision repair service providers, announced today the appointment

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Alkegen enters into an exclusive agreement to sell its automotive thermal acoustical solutions business unit to Regent

February 9, 2023

Clearlake Capital-backed Alkegen announced today that it has entered into an exclusive agreement with Regent, L.P. to sell its Thermal Acoustical Solutions (TAS) business unit, which manufactures high performance acoustical and thermal management insulation components for the automotive and transportation industries.

ALKEGEN ENTERS INTO AN EXCLUSIVE AGREEMENT TO SELL ITS AUTOMOTIVE THERMAL ACOUSTICAL SOLUTIONS BUSINESS UNIT TO REGENT   Divestiture Supports Alkegen’s Long-Term Strategy and Evolution Towards the World’s Leading Specialty Materials Platform Dedicated to Sustainability and Human Health   IRVING, TX, February 9, 2023 – Clearlake Capital-backed Alkegen announced today that it has entered into an exclusive agreement with Regent,

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Clearlake sells majority interest in Floworks to Wynnchurch Capital

January 24, 2023

Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) today announced it has completed the sale of a majority interest in FloWorks International, LLC (“FloWorks” or the “Company”) to Wynnchurch Capital, L.P. (“Wynnchurch”).

CLEARLAKE SELLS MAJORITY INTEREST IN FLOWORKS TO WYNNCHURCH CAPITAL   Under Clearlake’s ownership, FloWorks transformed into a global specialty distribution platform in the flow control category     SANTA MONICA, CA and HOUSTON, TX – January 24, 2023 – Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) today announced it has completed the sale of a majority interest in

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ShiftKey, technology company transforming future of work, closes capital raise

January 12, 2023

ShiftKey, a Dallas-based technology company transforming the future of work by empowering licensed professionals to connect directly with healthcare facilities with open workforce needs, announced today that it has closed on a funding round sponsored by majority investor Lorient Capital, valuing the company in excess of $2 billion.

SHIFTKEY, TECHNOLOGY COMPANY TRANSFORMING FUTURE OF WORK, CLOSES CAPITAL RAISE   DALLAS, Texas, January 12, 2023 —ShiftKey, a Dallas-based technology company transforming the future of work by empowering licensed professionals to connect directly with healthcare facilities with open workforce needs, announced today that it has closed on a funding round sponsored by majority investor Lorient Capital, valuing the company in

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Clearlake Year-End Recap 2022

January 9, 2023

In 2022, Clearlake closed Clearlake Capital Partners VII at $14.1b, our largest control fund, to date, and Clearlake Opportunities Partners III at $2.5b, our largest non-control fund, to date. We finished the year with 11 new portfolio company platforms, 37 add-ons to existing portfolio companies and 5 realizations.

CLEARLAKE YEAR-END RECAP 2022 In 2022, Clearlake closed Clearlake Capital Partners VII at $14.1b, our largest control fund, to date, and Clearlake Opportunities Partners III at $2.5b, our largest non-control fund, to date. We finished the year with 11 new portfolio company platforms, 37 add-ons to existing portfolio companies and 5 realizations. Clearlake’s flexible mandate enables us to invest across

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