Gravity signs Midland Basin committed volume produced water agreement
June 29, 2022Gravity, a growth-oriented water and power infrastructure company backed by affiliates of Clearlake Capital Group, L.P. (“Clearlake”), today announced it has signed a multi-year minimum volume commitment produced water gathering agreement with an independent producer in the Midland Basin.
Clearlake Capital completes acquisition of diversified protective packaging provider Intertape Polymer Group
June 28, 2022Clearlake Capital Group, L.P. (together with its affiliates “Clearlake”) today announced that it has completed its acquisition of Intertape Polymer Group Inc. (TSX:ITP, “IPG”, or the “Company”), a global provider of protective packaging solutions.
Clearlake Capital portfolio company Alkegen completes majority investment in Luyang Energy Savings Material Co.
June 28, 2022Alkegen, one of the largest specialty materials platforms in the world that provides high performance materials used in advanced applications such as filtration media, battery technologies, high temperature insulation and fire protection, announced today that it has successfully completed a tender offering resulting in Alkegen obtaining a controlling ownership interest in Luyang Energy-Saving Materials Co. Ltd. (“Luyang” or the “Company”), a Shenzhen A-share listed platform headquartered in Yuquan, Shandong province, China.
Clearlake Capital to sell Brightly Software to Siemens
June 27, 2022Clearlake Capital Group, L.P. (together with certain of its affiliates, “Clearlake”) today announced it has entered into a definitive agreement to sell Brightly Software, Inc. (“Brightly Software”, “Brightly” or the “Company”) to Siemens AG (“Siemens”) (FRA:SIE) for $1.575 billion of upfront cash consideration, along with $300 million in cash earn-out payments, for a total of $1.875 billion.
ShiftKey makes a strategic investment in workforce management platform OnShift
June 23, 2022ShiftKey, the largest platform for connecting independent licensed healthcare professionals with open shifts at healthcare facilities in the U.S. announced today that it has completed a strategic investment in Cleveland-based OnShift, the leading provider of workforce management technology for post-acute and long-term care facilities.
Clearlake Capital-backed Wheel Pros agrees to acquire Transamerican auto parts from Polaris
June 16, 2022Wheel Pros, a designer, manufacturer and distributor of proprietary branded aftermarket vehicle enhancements for light trucks, SUVs, passenger cars and ATVs/UTVs backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) and in partnership with management, today announced it has entered into a definitive agreement to acquire Transamerican Auto Parts (“TAP” or “the Company”) from Polaris Inc. (NYSE: PII), the global leader in powersports.
Clearlake Capital-backed Cornerstone enters definitive agreement to acquire SumTotal, a Skillsoft Company
June 13, 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 entered into a definitive agreement with Skillsoft (NYSE: SKIL), to acquire SumTotal, a provider of learning and human capital management software-as-a-service (“SaaS”) for customers in highly regulated and complex industries.
Zywave acquires Strategic Insurance Software (SIS), Strengthens position as an innovative leader in the digital insurance agency platform space
June 9, 2022Insurtech leader Zywave, backed by Clearlake Capital Group L.P. (together with its affiliates, “Clearlake”) and Aurora Capital today announced the acquisition of Columbus, OH-based Strategic Insurance Software (SIS), a provider of web-based agency management systems (AMS) and customer relationship management (CRM) solutions for P&C insurance agencies.
DigiCert Acquires DNS Made Easy, Extending its Leadership in Digital Trust with Enterprise-Grade Managed DNS Services
June 9, 2022DigiCert, Inc., a leading global provider of Digital Trust, backed by Clearlake Capital Group L.P. (together with its affiliates, “Clearlake”), Crosspoint Capital Partners L.P. (“Crosspoint”) and TA Associates (“TA”), today announced that it has acquired DNS Made Easy, a global provider of enterprise-grade managed Domain Name System (DNS) services, as well as affiliated brands, including Constellix. Terms of the transaction were not disclosed.
SamaCare, a Cloud-Based Prior Authorization Platform for Specialty Medications, Closes $12m Series A to Expand Company’s Reach
June 1, 2022SamaCare, a prior authorization platform for physician-administered medications, today announced the close of a $12 million Series A funding round led by Clearlake Capital-backed Vive CollectiveTM, with participation from existing investors including NextView Ventures, South Park Commons, and Susa Capital.
