Third Quarter 2022 Investment Activity
October 11, 2022In Q3 2022, the equity and debt markets experienced significant volatility with continued uncertainty around inflation, recession fears, and the global geo-political climate. With that challenging backdrop, Clearlake successfully announced several new transactions. Clearlake also closed its third Clearlake Opportunities Partners ("COP") Fund with more than $2.5 billion in commitments. The firm continues to execute on its all-weather strategy, deploying flexible and creative capital across control and non-control investments.
RSA Conference LLC accelerates its strategy to become the year-round hub of all things cybersecurity, appoints Kylie Wright-Ford as CEO
October 6, 2022Crosspoint Capital Partners (“Crosspoint Capital”), Clearlake Capital Group, L.P. (“Clearlake”) and Symphony Technology Group (“STG”) today announced the appointment of Kylie Wright-Ford as chief executive officer of RSA Conference LLC (“RSAC”) to accelerate its strategy of providing year-round value to the 3 million+ professionals in the global cybersecurity community.
Rita Lane appointed to Alkegen Board of Directors
October 6, 2022Alkegen, one of the largest specialty materials platforms in the world providing high performance materials used in advanced applications including filtration media, battery technologies, high temperature insulation and fire protection, today announced the appointment of Rita Lane to its Board of Directors.
Concert Golf Partners, a portfolio company of Clearlake Capital, closes new strategic investment from Centroid Investment Partners, owner of TaylorMade
September 28, 2022Concert Golf Partners (“Concert Golf,” “CGP” or the “Company”) announced today that it has received a strategic investment from Centroid Investment Partners (“Centroid”), a Seoul-based private equity firm and the owner of TaylorMade Golf Company (“TaylorMade”).
Clearlake Capital closes Clearlake Opportunities Partners III with more than $2.5 billion in commitments
September 20, 2022Clearlake Capital Group, L.P. (“Clearlake” or the “Firm”), an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies, announced today it has completed fundraising for Clearlake Opportunities Partners III (“COP III” or the “Fund”) with more than $2.5 billion in commitments.
Newfold Digital signs agreement to acquire MarkMonitor from Clarivate
September 12, 2022Clarivate Plc (NYSE:CLVT), a global leader in providing trusted information and insights to accelerate the pace of innovation, today announced that Newfold Digital (“Newfold”), a leading web and commerce technology provider backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) and Siris Capital Group, LLC (together with its affiliates, “Siris”), has signed a definitive agreement to purchase MarkMonitor™, an industry-leading enterprise-level provider of domain management solutions.
Clearlake Capital-Backed Discovery Education acquires Pivot Interactives
August 31, 2022Discovery Education, a global edtech company backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), today announced it has acquired Minneapolis, MN-based Pivot Interactives SBC. Led by a team of science teachers, practitioners, and students, Pivot Interactives develops dynamic cloud-based activities and labs that actively engage students in the authentic exploration of real scientific phenomena.
TA and Clearlake Capital-Backed Kofax Completes Acquisition of Ephesoft
August 18, 2022Kofax® (or the “Company”), a leading supplier of Intelligent Automation (IA) software for digital workflow transformation, backed by TA Associates (“TA”) and Clearlake Capital Group, L.P. (together with its affiliates “Clearlake”), today announced it has acquired Ephesoft Inc.
Clearlake Capital-Backed Discovery Education Acquires DoodleLearning
August 16, 2022Discovery Education—the worldwide edtech leader backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”)—today announced the acquisition of DoodleLearning.
Clearlake Capital-Backed Cornerstone Completes Acquisition of SumTotal
August 16, 2022Cornerstone OnDemand, Inc., a leader in adaptive cloud-based HR software solutions backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), today announced it has completed its acquisition of SumTotal, a provider of learning and human capital management software-as-a-service solutions (“SaaS”), previously a part of Skillsoft (NYSE: SKIL).
