Clearlake Capital closes Clearlake Opportunities Partners III with more than $2.5 billion in commitments

September 20, 2022

Clearlake 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.

CLEARLAKE CAPITAL CLOSES CLEARLAKE OPPORTUNITIES PARTNERS III WITH MORE THAN $2.5 BILLION IN COMMITMENTS Oversubscribed COP III Fund Invests Using an All-Weather Strategy by Providing Flexible Equity and Credit Solutions   SANTA MONICA, CA – September 20, 2022 – Clearlake Capital Group, L.P. (“Clearlake” or the “Firm”), an investment firm founded in 2006 operating integrated businesses across private equity, credit

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Newfold Digital signs agreement to acquire MarkMonitor from Clarivate

September 12, 2022

Clarivate 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.

NEWFOLD DIGITAL SIGNS AGREEMENT TO ACQUIRE MARKMONITOR FROM CLARIVATE   Clarivate focusing on enabling corporations and law firms to innovate faster and unlock the true value of IP across patents, trademarks and copyright MarkMonitor to strengthen Newfold Digital’s enterprise domain management capabilities   London, UK, and Jacksonville, FL, Sept 12, 2022 – Clarivate Plc (NYSE:CLVT), a global leader in providing

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Clearlake Capital-Backed Discovery Education acquires Pivot Interactives

August 31, 2022

Discovery 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.

CLEARLAKE CAPITAL-BACKED DISCOVERY EDUCATION ACQUIRES PIVOT INTERACTIVES   Discovery’s Latest Acquisition Expands the Company’s Digital Solution Suite Supporting Science Education   Charlotte, NC (Wednesday, August 31, 2022)—Discovery 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,

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TA and Clearlake Capital-Backed Kofax Completes Acquisition of Ephesoft

August 18, 2022

Kofax® (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.

TA and Clearlake Capital-Backed Kofax Completes Acquisition of Ephesoft   Acquisition Extends Kofax’s Position in the Intelligent Automation Software Market and Enhances its Intelligent Document Processing Capabilities   Irvine, CA – August 18, 2022 – Kofax® (or the “Company”), a leading supplier of Intelligent Automation (IA) software for digital workflow transformation, backed by TA Associates (“TA”) and Clearlake Capital Group,

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Clearlake Capital-Backed Discovery Education Acquires DoodleLearning

August 16, 2022

Discovery 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 DISCOVERY EDUCATION ACQUIRES DOODLELEARNING   Acquisition Expands Discovery Education’s Digital Product Suite in Math and ELA, and Strengthens UK Presence   Silver Spring, MD (Tuesday, August 16, 2022)—Discovery Education—the worldwide edtech leader backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”)—today announced the acquisition of DoodleLearning. The United Kingdom-based DoodleLearning’s Math and English Language Arts products create

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Clearlake Capital-Backed Cornerstone Completes Acquisition of SumTotal

August 16, 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 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 CORNERSTONE COMPLETES ACQUISITION OF SUMTOTAL   Combination of learning and talent SaaS platforms poised to help organizations drive greater people growth and business success   SANTA MONICA, Calif. — August, 16, 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

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Clearlake Capital-backed FloWorks acquires Flotech

August 8, 2022

FloWorks 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-BACKED FLOWORKS ACQUIRES FLOTECH   Acquisition of value-added distributor enhances FloWorks’ product suite and provides significant runway to expand end markets   HOUSTON, T.X. and SANTA MONICA, C.A. – August 8, 2022 – FloWorks 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

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Clearlake Capital completes sale of Brightly Software to Siemens

August 4, 2022

Clearlake 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 SALE OF BRIGHTLY SOFTWARE TO SIEMENS   Under Clearlake’s ownership, Brightly transformed into a leading cloud-based asset management software platform with a broad suite of products solving operational and planning needs   Santa Monica, CA and Cary, NC – August 4, 2022 – Clearlake Capital Group, L.P. (together with certain of its affiliates, “Clearlake”) today announced it

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Clearlake Capital completes acquisition of BBB Industries

July 28, 2022

BBB 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 COMPLETES ACQUISITION OF BBB INDUSTRIES   Clearlake’s latest ESG-focused investment will support management as the sustainable manufacturing pioneer enters its next phase of growth   Santa Monica, CA and Daphne, AL – July 28, 2022 – BBB Industries LLC, (“BBB” or the “Company”), a leading sustainable manufacturer of non-discretionary automotive, industrial, energy storage, and solar parts, announced today

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Clearlake Capital and TA Associates complete acquisition of Kofax

July 25, 2022

Kofax® (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.

CLEARLAKE CAPITAL AND TA ASSOCIATES COMPLETE ACQUISITION OF KOFAX   Acquisition to Accelerate the Growth and Innovation of Kofax’s Intelligent Automation Software Platform, Solutions and Cloud Capabilities   Irvine, CA – July 25, 2022 – Kofax® (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

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