Concert Golf Partners Closes New Strategic Investment from Clearlake Capital to Expand Portfolio and Enhance Existing Network
April 21, 2022Concert Golf Partners (“Concert Golf,” “CGP” or the “Company”) announced today that it has received an investment from Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”).
Insight Partners and Partners Group to make a strategic investment in Precisely
April 21, 2022Precisely (“Precisely” or the “Company”), a global leader in data integrity software, today announced that Insight Partners (“Insight”) and Partners Group, acting on behalf of its clients, have signed a definitive agreement to make a significant strategic investment in the Company.
First Quarter 2022 Investment Activity
April 12, 2022“In Q1 2022, Clearlake’s momentum continued with the announcement of 3 new platforms and 13 add-ons. The new platforms are expected to strengthen our capabilities in EdTech, FinTech, and Packaging.”
Perforce to acquire DevOps Pioneer Puppet
April 11, 2022Perforce Software (“Perforce”), a provider of solutions to enterprise teams requiring productivity, visibility, and scale along the development lifecycle, backed by Francisco Partners and Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), announced today that it has signed a definitive agreement to acquire Puppet (or “the Company”), an infrastructure automation software platform which enables users to deliver, update, monitor, and secure software across physical and virtual machines.
Constant Contact closes acquisition of Vision6
April 8, 2022Constant Contact, a digital marketing platform used by millions of small businesses, backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) and Siris Capital Group, LLC (together with its affiliates, “Siris”), announced today that it has completed its acquisition of Vision6.
Whitestar acquires Carlson Capital’s CLO Business
April 1, 2022WhiteStar Asset Management, L.P. (“WhiteStar”), the CLO, structured products, and broadly syndicated credit arm of Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), today announced that it has acquired the five reinvesting Collateralized Loan Obligations (“CLOs”) managed by Carlson CLO Advisers, LLC, a wholly-owned subsidiary of Carlson Capital, L.P. (“Carlson”).
Clearlake Capital-backed Wheel Pros acquires TeraFlex
April 1, 2022Wheel 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 nThrive announces name change to FinThrive as part of a forthcoming rebrand
March 28, 2022nThrive, 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 and Motive Partners agree to acquire BETA+ from London Stock Exchange Group
March 21, 2022Clearlake 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-backed Cornerstone enters definitive agreement to acquire EdCast
March 17, 2022Cornerstone 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.
