CLEARLAKE CAPITAL-BACKED FLOWORKS SELLS MULTALLOY DIVISION TO TEXAS PIPE & SUPPLY
July 2, 2019FloWorks International LLC (“FloWorks” or the “Company”) a leading specialty industrial distributor of pipe, valves, and fittings (“PVF”) and related technical solutions, backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), today announced it has sold its master distribution division, MultAlloy, as well as the Company’s J&J Alloy and J&J Bar operations, to Texas Pipe & Supply.
CLEARLAKE CAPITAL GROUP CLOSES CLEARLAKE OPPORTUNITIES PARTNERS II AT $1.4 BILLION
June 26, 2019Clearlake Capital Group, L.P. (“Clearlake” or the “Firm”), a leading private investment firm with a sector-focused approach, announced today it has completed fundraising for Clearlake Opportunities Partners II (the “Fund” or “COP II”) with $1.4 billion in commitments.
CLEARLAKE CAPITAL COMPLETES THE ACQUISITION OF DUDE SOLUTIONS
June 19, 2019Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), announced that it has completed the acquisition of Dude Solutions, Inc. (“Dude Solutions” or the “Company”), the leading software-as-a-service (“SaaS”) provider of operations management solutions, from Warburg Pincus.
CLEARLAKE CAPITAL-BACKED UNIFRAX ACQUIRES STELLAR MATERIALS
June 17, 2019Unifrax, the leading global provider of high-performance specialty materials focused on thermal management, emission control, batteries, specialty filtration and fire protection applications, backed by Clearlake Capital Group, L.P. (“Clearlake”), today announced it has acquired Stellar Materials, LLC (“Stellar”), a manufacturer of highly proprietary, mission-critical and innovative specialty chemistries and materials.
ACS AMERICAN CONSTRUCTION SOURCE ACQUIRES FREEBORN LUMBER COMPANY
June 12, 2019American Construction Source (ACS), a leading national building materials platform for custom home builders and repair and remodel contractors, backed by Angeles Equity Partners and Clearlake Capital Group, today announced the acquisition of Freeborn Lumber Company (“Freeborn”) located in Albert Lea, Minnesota.
CLEARLAKE CAPITAL-BACKED GRAVITY ACQUIRES PERMIAN DISPOSAL INFRASTRUCTURE FROM PYOTE WATER SYSTEMS III, LLC
June 3, 2019Gravity Oilfield Services Inc. (“Gravity”), a leading energy and oilfield infrastructure company backed by affiliates of Clearlake Capital Group, L.P. (“Clearlake”), today announced the acquisition of certain water disposal assets from Pyote Water Systems III, LLC (“Pyote”).
CLEARLAKE CAPITAL-BACKED PROVATION ADDS INDUSTRY LEADERS RICK JENNINGS AS CHIEF TECHNOLOGY OFFICER AND ERIN SURPRISE AS SVP OF PROFESSIONAL SERVICES
May 23, 2019Provation, the premier software provider of procedure documentation and clinical decision support solutions, backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), today announced that Rick Jennings has joined the company as Chief Technology Officer and Erin Surprise has joined as Senior Vice President of Professional Services.
CLEARLAKE CAPITAL-BACKED WHEEL PROS TO COMBINE WITH MHT LUXURY WHEELS
May 16, 2019Wheel Pros and MHT Luxury Wheels, Inc. (“MHT”), two leading designers, marketers, and distributors of branded automotive aftermarket wheels and accessories, today announced that they have combined to form the largest automotive aftermarket wheel platform in the world. This transformative transaction brings together the leading brands in the market such as Fuel, KMC, American Racing, Rotiform, and others under one organization.
COVE HILL PARTNERS MAKES STRATEGIC INVESTMENT IN NETDOCUMENTS
May 14, 2019NetDocuments, the leading secure cloud-based content services platform for law firms and corporate legal and compliance departments, today announced the closing of a significant new equity investment from Cove Hill Partners, L.P. (together with its affiliates, “Cove Hill’).
CLEARLAKE CAPITAL TO ACQUIRE DUDE SOLUTIONS
May 3, 2019Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) today announced that it has signed a definitive agreement to acquire Dude Solutions (“Dude Solutions”, “Dude” or the “Company”), the leading operations management software-as-a-service (“SaaS”) platform, from Warburg Pincus. The Company will continue to be led by the current management team, including Ed Roshitsh, CEO. Financial terms were not disclosed.
