BetaNXT names wealthtech veteran Robert Santella as CEO in planned transition

May 29, 2024

BetaNXT, a provider of wealth management infrastructure solutions with real-time data capabilities and an enhanced advisor experience, announced today that, as part of the company’s planned leadership transition, Robert Santella will become Chief Executive Officer effective July 1, 2024

BETANXT NAMES WEALTHTECH VETERAN ROBERT SANTELLA AS CEO IN PLANNED TRANSITION Stephen C. Daffron, will Remain Engaged with BetaNXT as Executive Chairman, Effective July 1, 2024   New York, NY—May 29, 2024—BetaNXT, a provider of wealth management infrastructure solutions with real-time data capabilities and an enhanced advisor experience, announced today that, as part of the company’s planned leadership transition, Robert

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Cornerstone accelerates jobs-to-skills transformation with SkyHive acquisition

May 28, 2024

Cornerstone OnDemand Inc., a leader in Workforce Agility solutions, today announced the acquisition of workforce skills intelligence capabilities and a team of highly specialized domain experts from SkyHive Technologies Holdings Inc.

CORNERSTONE ACCELERATES JOBS-TO-SKILLS TRANSFORMATION WITH SKYHIVE ACQUISITION   The move expands Cornerstone’s holistic skills transformation capabilities, giving leaders a comprehensive understanding of what skills they have and what they need to solve for now and in the future   SANTA MONICA, Calif. – May 22, 2024 – Cornerstone OnDemand Inc., a leader in Workforce Agility solutions, today announced the acquisition of workforce

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Synopsys enters definitive agreement to sell its software integrity business to Clearlake Capital and Francisco Partners

May 6, 2024

Synopsys, Inc. (NASDAQ: SNPS) today announced it has entered into a definitive agreement with Clearlake Capital Group, L.P. (“Clearlake”) and Francisco Partners, two global private equity firms, for the sale of its Software Integrity Group business in a transaction with a total value of up to $2.1 billion, including up to $475 million in cash payable upon Francisco Partners and Clearlake achieving a specified rate of return in connection with one or more liquidity transactions.

SYNOPSYS ENTERS DEFINITIVE AGREEMENT TO SELL ITS SOFTWARE INTEGRITY BUSINESS TO CLEARLAKE CAPITAL AND FRANCISCO PARTNERS Highlights: Transaction will establish the Software Integrity Group as a newly independent, leading application security testing software provider. The transaction, valued at up to $2.1 billion, is expected to close in the second half of 2024, subject to customary closing conditions including the receipt

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First Quarter 2024 Investment Activity

April 25, 2024

In the first quarter of 2024, Clearlake closed one platform, five add-on transactions, as well as announced two full or partial exits. We believe the take-private of Alteryx showcases our commitment to support advancements in Al and cloud analytics.

In the first quarter of 2024, Clearlake closed one platform, five add-on transactions, as well as announced two full or partial exits. We believe the take-private of Alteryx showcases our commitment to support advancements in Al and cloud analytics. We fully exited Janus International Group, Inc. (NYSE: JBI) in December 2023. Clearlake originally invested in Janus in 2018 and has

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Crash Champions appoints automotive industry veteran Barrett Callaghan to its board of directors

April 18, 2024

Crash Champions, the largest founder-led operator of high-quality automotive collision repair centers in the U.S., today announced the appointment of automotive industry veteran Barrett Callaghan to its Board of Directors.

CRASH CHAMPIONS APPOINTS AUTOMOTIVE INDUSTRY VETERAN BARRETT CALLAGHAN TO ITS BOARD OF DIRECTORS   CHICAGO, IL – April 18, 2024 —  Crash Champions, the largest founder-led operator of high-quality automotive collision repair centers in the U.S., today announced the appointment of automotive industry veteran Barrett Callaghan to its Board of Directors.   Mr. Callaghan brings two decades of industry experience

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BeyondTrust Acquires Entitle, Strengthening Privileged Identity Security Platform with Paradigm Shifting Just-in-Time Access and Identity Governance

April 17, 2024

BeyondTrust, an intelligent identity and access security provider, today announced a definitive agreement to acquire Entitle, a privilege management solution that discovers, manages, and automates just-in-time (JIT) access and modern identity governance and administration (IGA) across the entire cloud estate.

BEYONDTRUST ACQUIRES ENTITLE, STRENGTHENING PRIVILEGED IDENTITY SECURITY PLATFORM WITH PARADIGM SHIFTING JUST-IN-TIME ACCESS AND IDENTITY GOVERNANCE Entitle is a privilege management solution that discovers, manages, and automates just-in-time (JIT) access and modern identity governance and administration (IGA) across the entire cloud estate. Strategic acquisition is expected to enhance BeyondTrust’s ability to tackle the sophisticated customer challenges of privileged access management

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Clearlake Capital Group and Insight Partners complete acquisition of Alteryx

March 19, 2024

Clearlake Capital Group, L.P. (“Clearlake”) and Insight Partners L.P. (“Insight”) today announced that their affiliated funds have completed the acquisition of Alteryx, Inc., a leader in artificial intelligence (AI) for enterprise analytics.

CLEARLAKE CAPITAL GROUP AND INSIGHT PARTNERS COMPLETE ACQUISITION OF ALTERYX   Acquisition will accelerate Alteryx’s innovation in AI and cloud analytics   IRVINE, Calif., Mar. 19, 2024 – Clearlake Capital Group, L.P. (“Clearlake”) and Insight Partners L.P. (“Insight”) today announced that their affiliated funds have completed the acquisition of Alteryx, Inc., a leader in artificial intelligence (AI) for enterprise analytics.

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Atlas Energy Solutions Inc. to acquire Hi-Crush Inc., creating a leading proppant logistics provider and the largest proppant producer in North America

February 27, 2024

Atlas Energy Solutions Inc. (NYSE: AESI) (“Atlas” or the “Company”) today announced that it has entered into a definitive agreement with Hi Crush Inc. ("Hi-Crush") to acquire all of Hi-Crush’s Permian Basin proppant production assets and North American logistics operations in a transaction valued at $450 million (1).

ATLAS ENERGY SOLUTIONS INC. TO ACQUIRE HI-CRUSH INC., CREATING A LEADING PROPPANT LOGISTICS PROVIDER AND THE LARGEST PROPPANT PRODUCER IN NORTH AMERICA   Austin, TX – February 27, 2024 – Atlas Energy Solutions Inc. (NYSE: AESI) (“Atlas” or the “Company”) today announced that it has entered into a definitive agreement with Hi Crush Inc. (“Hi-Crush”) to acquire all of Hi-Crush’s

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Perforce to acquire Delphix, adding enterprise data management software to its devops portfolio

February 14, 2024

Perforce Software (“Perforce”), a provider of solutions to enterprise teams requiring productivity, visibility, and scale along the development lifecycle that is 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 Delphix (or the “Company”).

PERFORCE TO ACQUIRE DELPHIX, ADDING ENTERPRISE DATA MANAGEMENT SOFTWARE TO ITS DEVOPS PORTFOLIO   Enables seamless data compliance and on-demand data access to support critical secondary use cases   MINNEAPOLIS, FEB 14, 2024 – Perforce Software (“Perforce”), a provider of solutions to enterprise teams requiring productivity, visibility, and scale along the development lifecycle that is backed by Francisco Partners and

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Clearlake completes exit of its investment in Janus International

January 18, 2024

Clearlake Capital Group, L.P. (“Clearlake” or “the Firm”), an investment firm focused on the industrials, technology, and consumer sectors, today announced that the Firm sold its remaining shares of Janus International Group, Inc. (NYSE: JBI) (“Janus” or the “Company”) and fully exited its investment in December.

CLEARLAKE COMPLETES EXIT OF ITS INVESTMENT IN JANUS INTERNATIONAL   Under Clearlake’s ownership, Janus more than doubled EBITDA and executed on numerous initiatives under Clearlake’s O.P.S.® value creation playbook   SANTA MONICA, CA, January 18, 2024 – Clearlake Capital Group, L.P. (“Clearlake” or “the Firm”), an investment firm focused on the industrials, technology, and consumer sectors, today announced that the

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