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.
PRIVATE EQUITY FOR PUERTO RICO: HURRICANE RELIEF FUND LAUNCHES WITH $10 MILLION GOAL, CALLS FOR PRIVATE EQUITY AND FINANCIAL COMMUNITIES TO AID WITH DONATIONS
October 11, 2017Private Equity for Puerto Rico (“PE for PR” or “the Fund”), formed by a group of leading private equity firms, including Clearlake Capital Group, Valor Equity Partners, StepStone Group, Palladium Equity Partners, LLC and MoonSail Capital, LLC, announced today an effort to raise significant funds from the private equity and financial communities to aid victims of Hurricane Maria in Puerto Rico.
CLEARLAKE CAPITAL BACKED GLOBELTR ENERGY INC. ANNOUNCES CORPORATE REBRANDING, CHANGES NAME TO GRAVITY OILFIELD SERVICES INC.
September 27, 2017Gravity Oilfield Services (“Gravity” or the “Company”), formerly known as GlobeLTR Energy Inc., announced today that the Company has initiated a comprehensive rebranding effort.
CLEARLAKE CAPITAL-BACKED CONVERGEONE COMPLETES ACQUISITION OF NEW YORK-BASED ROCKEFELLER GROUP TECHNOLOGY SOLUTIONS
September 18, 2017ConvergeOne, a leading global IT services provider of collaboration and technology solutions, today announced that it has received the regulatory and government approvals to acquire Rockefeller Group Technology Solutions (“RGTS”), a Unified Communications as a Service pioneer based in New York.
CLEARLAKE CAPITAL GROUP ANNOUNCES SALE OF CALERO SOFTWARE TO RIVERSIDE PARTNERS
September 13, 2017Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) announced today that Calero Software, LLC (“Calero” or the “Company”), a leading provider of Communications Lifecycle Management (CLM) solutions, has been acquired by Riverside Partners (“Riverside”). Financial terms were not disclosed.
CLEARLAKE CAPITAL BACKED GLOBELTR ENERGY INC. ANNOUNCES SALE OF WELL SERVICING DIVISION TO BRIGADE ENERGY SERVICES, LLC
September 7, 2017GlobeLTR Energy Inc. (“GlobeLTR” or the “Company”), a portfolio company of affiliates of Clearlake Capital Group, L.P. (“Clearlake”), today announced the Company has closed the sale of its well servicing division to Brigade Energy Services, LLC (“Brigade”), a portfolio company of Turnbridge Capital Partners, LLC and affiliates (“Turnbridge”). Financial terms of the transaction were not disclosed.
CLEARLAKE CAPITAL LEADS RECAPITALIZATION OF FLOWORKS
September 7, 2017Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) and FloWorks International, LLC (“FloWorks” or the “Company”) today announced that Clearlake has led the successful recapitalization of FloWorks in partnership with the Company’s existing financial sponsors, led by TowerBrook Capital Partners L.P., the Company’s management team, and other stakeholders. Terms of the transaction were not disclosed.
CLEARLAKE CAPITAL BACKED FUTURIS GLOBAL HOLDINGS TO BE ACQUIRED BY ADIENT
August 21, 2017Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) today announced a definitive agreement to sell Futuris Global Holdings LLC (“Futuris” or the “Company”) to an affiliate of Adient plc (NYSE: ADNT; “Adient”). The transaction is expected to close by the end of September 2017, subject to customary closing conditions and regulatory approvals.
