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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Clearlake Capital Group announces senior promotions and new additions

July 15, 2022

Clearlake Capital Group, L.P. (“Clearlake”), an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies, today announced several senior executive promotions and new additions to the Clearlake team.

CLEARLAKE CAPITAL GROUP ANNOUNCES SENIOR PROMOTIONS AND NEW ADDITIONS   SANTA MONICA, CA – July 15, 2022 – Clearlake Capital Group, L.P. (“Clearlake”), an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies, today announced several senior executive promotions and new additions to the Clearlake team. Senior leadership promotions at Clearlake include Arta Tabaee

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Crash Champions announces growth investment from Clearlake and strategic transaction with Service King

July 14, 2022

Crash Champions (“Crash Champions” or the “Company”), one of the nation’s fastest growing independent collision repair service providers, announced today that it has entered into an agreement to receive a growth investment from Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) and will simultaneously execute a strategic transaction with Service King Collision (“Service King”). Crash Champions’ management team and operating partners, alongside Clearlake, will lead the combined Company going forward.

CRASH CHAMPIONS ANNOUNCES GROWTH INVESTMENT FROM CLEARLAKE AND STRATEGIC TRANSACTION WITH SERVICE KING   Crash Champions to become a leading national collision repair service provider and one of the fastest growing operators with over 550 locations across 35 states   Chicago, IL, Santa Monica, CA, and Dallas, TX, July 14, 2022 – Crash Champions (“Crash Champions” or the “Company”), one

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2022 Q2 Investment Activity

July 11, 2022

In Q2 2022, Clearlake announced a total of 3 exits; 7 new platforms acquisitions, inclusive of 2 structured investments; and 9 add-ons. Clearlake and WhiteStar have continued to provide direct structured credit-orientated capital solutions to U.S. and European operating companies. Clearlake and WhiteStar have invested ~$3.5 billion in credit-oriented products in U.S. and European issuers in the form of primary and secondary structured debt investment, senior and junior secured and unsecured debt, participating preferred, and other credit-oriented structures. We continue to remain active across our core sectors, develop and expand our industry scope, and look for ways to creatively invest.

In Q2 2022, Clearlake announced a total of 3 exits; 7 new platforms acquisitions, inclusive of 2 structured investments; and 9 add-ons. Clearlake and WhiteStar have continued to provide direct structured credit-orientated capital solutions to U.S. and European operating companies. Clearlake and WhiteStar have invested ~$3.5 billion in credit-oriented products in U.S. and European issuers in the form of primary

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Clearlake Capital and Motive Partners Complete acquisition of wealth management software platform BETA+ from LSEG and launch BetaNXT℠ brand with new management team

July 1, 2022

Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) and Motive Partners (together with its affiliates “Motive”) today announced the closing of the acquisition of the BETA+ assets including BETA Post-trade Processing, Maxit, and Digital Investor, from the London Stock Exchange Group (“LSEG”). Effective immediately, the company will operate as BetaNXT, reflecting its evolved strategic vision.

CLEARLAKE CAPITAL AND MOTIVE PARTNERS COMPLETE ACQUISITION OF WEALTH MANAGEMENT SOFTWARE PLATFORM BETA+ FROM LSEG AND LAUNCH BETANXT℠ BRAND WITH NEW MANAGEMENT TEAM   BetaNXT rebrand and new leadership team to scale technology organization, improve outcomes for clients and investors globally, and capitalize on myriad opportunities in the wealth management industry   Stephen C. Daffron, Industry Partner at Motive Partners,

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Bluerock introduces the Bluerock High Income Institutional Credit Fund, a registered interval fund

June 30, 2022

Bluerock, a leading alternative asset manager, has announced the launch of the Bluerock High Income Institutional Credit Fund (the “Bluerock High Income Credit Fund”, the “Fund”, Tickers: IIMAX, IIMCX, IIMWX), an income-focused fund with a portfolio comprised of actively managed pools of diversified collateralized loan obligations (CLOs).

BLUEROCK INTRODUCES THE BLUEROCK HIGH INCOME INSTITUTIONAL CREDIT FUND, A REGISTERED INTERVAL FUND   The Bluerock High Income Institutional Credit Fund provides investors access to income-producing senior secured loans through an actively managed portfolio of collateralized loan obligations, with the goal of delivering investors high income and portfolio diversification.   New York, NY — June __, 2022 — Bluerock, a

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Clearlake Capital-backed FloWorks acquires netMercury

June 29, 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 netMercury ("netMercury" or the "Company"), a specialty parts and services distributor.

CLEARLAKE CAPITAL-BACKED FLOWORKS ACQUIRES NETMERCURY   Acquisition of critical parts and services distributor enhances FloWorks’ product suite and extends value proposition in attractive growth sectors   HOUSTON, T.X. and SANTA MONICA, C.A. – June 29, 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

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Gravity signs Midland Basin committed volume produced water agreement

June 29, 2022

Gravity, a growth-oriented water and power infrastructure company backed by affiliates of Clearlake Capital Group, L.P. (“Clearlake”), today announced it has signed a multi-year minimum volume commitment produced water gathering agreement with an independent producer in the Midland Basin.

GRAVITY SIGNS MIDLAND BASIN COMMITTED VOLUME PRODUCED WATER AGREEMENT   MIDLAND, Texas, June 29, 2022 – Gravity, a growth-oriented water and power infrastructure company backed by affiliates of Clearlake Capital Group, L.P. (“Clearlake”), today announced it has signed a multi-year minimum volume commitment produced water gathering agreement with an independent producer in the Midland Basin.   Rob Rice, Gravity’s President

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