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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Clearlake Capital completes acquisition of diversified protective packaging provider Intertape Polymer Group

June 28, 2022

Clearlake Capital Group, L.P. (together with its affiliates “Clearlake”) today announced that it has completed its acquisition of Intertape Polymer Group Inc. (TSX:ITP, “IPG”, or the “Company”), a global provider of protective packaging solutions.

CLEARLAKE CAPITAL COMPLETES ACQUISITION OF DIVERSIFIED PROTECTIVE PACKAGING PROVIDER INTERTAPE POLYMER GROUP   New Platform Investment Highlights Clearlake’s Focus on Innovation, Sustainability, and Growth in Diverse and Recession Resilient End Markets   Sarasota, FL, Montreal, QC, and Santa Monica, CA – June 28, 2022 – Clearlake Capital Group, L.P. (together with its affiliates “Clearlake”) today announced that it has completed

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Clearlake Capital portfolio company Alkegen completes majority investment in Luyang Energy Savings Material Co.

June 28, 2022

Alkegen, one of the largest specialty materials platforms in the world that provides high performance materials used in advanced applications such as filtration media, battery technologies, high temperature insulation and fire protection, announced today that it has successfully completed a tender offering resulting in Alkegen obtaining a controlling ownership interest in Luyang Energy-Saving Materials Co. Ltd. (“Luyang” or the “Company”), a Shenzhen A-share listed platform headquartered in Yuquan, Shandong province, China.

CLEARLAKE CAPITAL PORTFOLIO COMPANY ALKEGEN COMPLETES MAJORITY INVESTMENT IN LUYANG ENERGY SAVINGS MATERIAL CO.   Alkegen acquires controlling ownership in leading Chinese specialty materials platform   BUFFALO, N.Y. and SANTA MONICA, C.A. – June 28, 2022 – Alkegen, one of the largest specialty materials platforms in the world that provides high performance materials used in advanced applications such as filtration

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Clearlake Capital to sell Brightly Software to Siemens

June 27, 2022

Clearlake Capital Group, L.P. (together with certain of its affiliates, “Clearlake”) today announced it has entered into a definitive agreement to sell 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 TO SELL 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 – June 27, 2022 – Clearlake Capital Group, L.P. (together with certain of its affiliates, “Clearlake”) today announced it has

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