CLEARLAKE CAPITAL GROUP ANNOUNCES STRATEGIC INVESTMENT IN DILIGENT CORPORATION
February 9, 2018Diligent Corporation (“Diligent”), a portfolio company of Insight Venture Partners and the market leader in enterprise governance management (“EGM”) software solutions, today announced that it has received a strategic minority investment from Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”).
GRAVITY OILFIELD SERVICES INC. ANNOUNCES EXCLUSIVE, MULTI-YEAR WATER SUPPLY AGREEMENT WITH CALLON PETROLEUM COMPANY IN THE PERMIAN BASIN
January 22, 2018Gravity Oilfield Services Inc. (“Gravity” or the “Company”) today announced it has signed an exclusive, multi-year agreement with Callon Petroleum Company (“Callon”) to provide fresh water to Callon’s operations in the Southern Delaware and Midland basins in the Permian Basin.
CLEARLAKE CAPITAL TO ACQUIRE JANUS INTERNATIONAL
January 17, 2018Clearlake Capital Group, L.P. (together with certain affiliates, “Clearlake”) today announced that it has agreed to acquire Janus International Group, LLC (“Janus” or the “Company”) in partnership with the Company’s management team. Janus is a leading global turnkey supplier of premium doors, hallway systems, locks, interior solutions and ancillary technologies. Financial terms of the transaction were not disclosed.
CLEARLAKE CAPITAL ACQUIRES PERFORCE SOFTWARE
January 10, 2018Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) today announced that it has acquired Perforce Software (“Perforce” or the “Company”), developer of the industry’s most flexible, scalable and secure version control and collaboration platform, from growth equity investor Summit Partners. The Company will continue to be led by Janet Dryer, CEO, and Mark Ties, COO, who will both join the Board of Directors alongside Clearlake. Financial terms were not disclosed.
CLEARLAKE CAPITAL-BACKED CONVERGEONE ACQUIRES AOS
December 18, 2017ConvergeOne, a leading global IT services provider of collaboration and technology solutions, today announced that it has acquired Alexander Open Systems (“AOS”), a leading IT consulting group headquartered in Overland Park, Kansas. Effective immediately, AOS is now AOS, a ConvergeOne Company. This acquisition further solidifies ConvergeOne’s position as a leading provider of collaboration and IT-enabled solutions in the market today.
CLEARLAKE CAPITAL GROUP LEADS THE RECAPITALIZATION OF KNIGHT ENERGY HOLDINGS AND AFFILIATES
December 13, 2017Clearlake Capital Group, L.P., (together with its affiliates, “Clearlake”) and Knight Energy Holdings, LLC (“Knight” or the “Company”) today announced that Clearlake has successfully completed the recapitalization of Knight in partnership with the Company’s management team, the Knight family, and other existing stakeholders.
CONVERGEONE ANNOUNCES COMBINATION WITH FORUM MERGER CORPORATION TO BECOME PUBLICLY LISTED COMPANY
December 1, 2017ConvergeOne, a leading global IT services provider of collaboration and technology solutions, today announced that it has entered into a definitive agreement with Forum Merger Corporation (Nasdaq: FMCI) ("Forum"), a special purpose acquisition company. This transaction will enable ConvergeOne to become a Nasdaq-listed public company, with an anticipated initial enterprise value of approximately $1.2 billion. Immediately upon consummation of the transaction, Forum will change its name to ConvergeOne. Clearlake Capital Group, L.P. (“Clearlake”), ConvergeOne’s current private equity sponsor, will remain the largest shareholder in the combined company upon completion of the transaction.
CLEARLAKE CAPITAL AND CPG VETERAN BILL MOSES PARTNER TO LAUNCH DISRUPTIVE BRANDS
November 30, 2017Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) and Bill Moses, a beverage industry veteran and Co-Founder, former Chairman and CEO of KeVita Probiotic Drinks, today announced the launch of Disruptive Brands, a new platform focused on investing in and supporting emerging better-for-you food and beverage brands. Moses will serve as CEO and Co-Chairman of Disruptive Brands.
CLEARLAKE CAPITAL-BACKED NETDOCUMENTS COMPLETES ACQUISITION OF AWARD-WINNING COLLABORATION SOLUTION THREADKM
November 29, 2017NetDocuments, the leading secure cloud-based document management, email management and collaboration software platform for law firms and corporate legal and compliance departments, backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), today announced that it has acquired ThreadKM, a leading provider of collaboration technology. Financial terms were not disclosed.
CLEARLAKE CAPITAL LEADS $65 MILLION FINANCING ROUND FOR METRICSTREAM
November 6, 2017MetricStream, Inc. (“MetricStream”), the independent market leader in Governance, Risk and Compliance (“GRC”) applications and solutions, announced today that it has completed a $65 million financing round led by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”). EDBI, a Singaporebased global fund, joined Clearlake as a new investor, and existing investors including Goldman Sachs, Sageview Capital, and others also participated in the round. Prashant Mehrotra, Partner at Clearlake, will join MetricStream’s board of directors.
