BBB Industries acquires Hydraulex, expanding its industrial sector offerings

July 17, 2023

BBB Industries, LLC (BBB), a leading sustainable manufacturer serving automotive, industrial, energy storage, and solar markets, backed by Clearlake Capital Group, L.P. (Clearlake), announced today that it has acquired Hydraulex, a provider of critical, need-it-now hydraulic solutions serving the industrial aftermarket.

BBB INDUSTRIES ACQUIRES HYDRAULEX, EXPANDING ITS INDUSTRIAL SECTOR OFFERINGS   DAPHNE, ALA. – July 17, 2023 – BBB Industries, LLC (BBB), a leading sustainable manufacturer serving automotive, industrial, energy storage, and solar markets, backed by Clearlake Capital Group, L.P. (Clearlake), announced today that it has acquired Hydraulex, a provider of critical, need-it-now hydraulic solutions serving the industrial aftermarket. Terms of

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Clearlake and STG complete sale of Archer to Cinven

July 10, 2023

Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) and Symphony Technology Group (“STG”) announced that they have completed the sale of Archer Technologies (“Archer” or the “Company”) to international private equity firm Cinven.

CLEARLAKE AND STG COMPLETE SALE OF ARCHER TO CINVEN   Under Clearlake’s and STG’s ownership, Archer has transformed into a leading end-to-end integrated risk management software-as-a-service platform serving customers around the world   Santa Monica, CA, Menlo Park, CA and Overland Park, KS – July 10, 2023 – Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) and Symphony Technology Group (“STG”)

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Springs Window Fashions acquires Sunburst Shutters & Window Fashions

June 2, 2023

Springs Window Fashions (“Springs”), a leading global provider of custom window coverings, announced today that its ownership group, backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) has acquired Sunburst Shutters & Window Fashions (“Sunburst”).

SPRINGS WINDOW FASHIONS ACQUIRES SUNBURST SHUTTERS & WINDOW FASHIONS   Middleton, WI, and Santa Monica, CA – June 2, 2023 – Springs Window Fashions (“Springs”), a leading global provider of custom window coverings, announced today that its ownership group, backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) has acquired Sunburst Shutters & Window Fashions (“Sunburst”). Terms of

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BBB industries continues European expansion with acquisition of Inter- Turbo in Poland

May 30, 2023

BBB Industries, LLC (BBB), a sustainable manufacturer  in the automotive aftermarket, announced today that it has acquired Inter-Turbo sp. z o.o., through its wholly owned subsidiary Budweg Caliper A/S.

BBB INDUSTRIES CONTINUES EUROPEAN EXPANSION WITH ACQUISITION OF INTER- TURBO IN POLAND     DAPHNE, ALA. – BBB Industries, LLC (BBB), a sustainable manufacturer  in the automotive aftermarket, announced today that it has acquired Inter-Turbo sp. z o.o., through its wholly owned subsidiary Budweg Caliper A/S. Terms of the deal were not announced. This acquisition further expands BBB’s presence in

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Intertape Polymer Group named Energy Star® Partner of the Year for eighth consecutive year

May 9, 2023

Intertape Polymer Group (“IPG”), a global provider of packaging and protective solutions, is proud to announce that it has received the 2023 ENERGY STAR® Partner of the Year - Sustained Excellence Award from the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy for the eighth consecutive year

INTERTAPE POLYMER GROUP NAMED ENERGY STAR® PARTNER OF THE YEAR FOR EIGHTH CONSECUTIVE YEAR   IPG’s long-term commitment to sustainability recognized by the U.S. Environmental Protection Agency with a distinction for its corporate energy management programs   Sarasota, FL – May 9th, 2023 — Intertape Polymer Group (“IPG”), a global provider of packaging and protective solutions, is proud to announce

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Confluence, backed by Clearlake Capital and TA Associates, welcomes longtime asset management executive Joan Binstock to board of directors

April 24, 2023

Confluence Technologies, Inc. ("Confluence"), a global software provider helping the investment management industry solve complex investment data challenges, today announced that Joan Binstock has joined its board of directors.

CONFLUENCE, BACKED BY CLEARLAKE CAPITAL AND TA ASSOCIATES, WELCOMES LONGTIME ASSET MANAGEMENT EXECUTIVE JOAN BINSTOCK TO BOARD OF DIRECTORS   Pittsburgh, PA, April 24, 2023 – Confluence Technologies, Inc. (“Confluence”), a global software provider helping the investment management industry solve complex investment data challenges, today announced that Joan Binstock has joined its board of directors. Confluence is backed by Clearlake Capital

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First Quarter 2023 Investment Activity

April 17, 2023

"Despite the challenged market landscape, Clearlake closed two exits and four add-on transactions in the first quarter of 2023."

“Despite the challenged market landscape, Clearlake closed two exits and four add-on transactions in the first quarter of 2023. Clearlake remains committed to delivering flexible and creative capital solutions for control and non-control investments across technology, industrials, and consumer. We continue to lean into our multi-product approach, encompassing private equity, special situations, and credit, to ensure we stay agile and

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Clearlake and STG to sell Archer to Cinven

April 13, 2023

Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) and Symphony Technology Group (“STG”) announced today that they have entered into a definitive agreement to sell Archer (the “Company”) to Cinven.

  CLEARLAKE AND STG TO SELL ARCHER TO CINVEN   Under Clearlake’s and STG’s ownership, Archer has transformed into a leading end-to-end integrated risk management software-as-a-service platform serving customers around the world   Santa Monica, CA, Menlo Park, CA, London, UK, and Overland Park, KS – April 13, 2023 – Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) and Symphony

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Appriss retail appoints Michael Osborne as chief executive officer

March 23, 2023

Appriss Retail, a leading provider of data and analytics solutions designed to reduce retail losses, decrease returns, and provide a more seamless consumer experience, today announced the appointment of Michael Osborne as Chief Executive Officer (CEO).

APPRISS RETAIL APPOINTS MICHAEL OSBORNE AS CHIEF EXECUTIVE OFFICER   Osborne brings a data and analytics-driven approach to drive continued growth worldwide   IRVINE, CA – March 23, 2023 – Appriss Retail, a leading provider of data and analytics solutions designed to reduce retail losses, decrease returns, and provide a more seamless consumer experience, today announced the appointment of Michael

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Clearlake Capital-backed Discovery Education names edtech veteran Jeremy Cowdrey as CEO

March 2, 2023

Discovery Education (or the “Company”), a global edtech company backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), today announced the appointment of Jeremy Cowdrey as Chief Executive Officer (CEO).

CLEARLAKE CAPITAL-BACKED DISCOVERY EDUCATION NAMES EDTECH VETERAN JEREMY COWDREY AS CEO   Appointment Signals a Continued Focus on Driving Growth and Impact   Charlotte, NC and Santa Monica, CA – March 2, 2023 – Discovery Education (or the “Company”), a global edtech company backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), today announced the appointment of Jeremy Cowdrey as Chief Executive

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