Clearlake Capital Group

Clearlake is honored to again be named to Inc. Magazine's Founder-Friendly Investors list recognizing the private equity firms, venture capital firms, and lenders with “successful track records of collaboration and remaining actively involved with the businesses they invest in.” Clearlake was founded by and has worked with entrepreneurs for over 18 years, so it’s no surprise that we understand how to help founders drive value at their companies. Congratulations to the Clearlake team! #PrivateEquity #Investment #Acquisition #Entrepreneurs #FounderFriendlyInvestors #JanusInternational Click here for the full list: https://lnkd.in/gjvsBqvX

Clearlake is a long-time sponsor of AAAIM which held its 2024 Elevate Summit last week in Los Angeles. Clearlake was honored to have Prashant Mehrotra moderate an exclusive discussion featuring prominent AAPI CIOs on navigating an increasingly complex global economy. Marcelia Freeman also moderated a panel discussion with investment consultants on providing solutions to a range of challenges investors are facing today. Clearlake is proud to support AAAIM’s mission to increase diversity and inclusion in the investment management industry. #PrivateEquity #Investment #Acquisition #AAAIMElevate2024

The National Association of Investment Companies (NAIC) recently spoke with Clearlake’s José E. Feliciano about the firm’s origins and reflections on some early challenges, as well as his vision for Clearlake’s continued growth and evolution. Read the full interview here: https://bit.ly/4eHZeBU #PrivateEquity #Investment #Acquisition #Leadership #NAIC

Clearlake is proud to announce that its Icon Partners II fund, the continuation vehicle for Precisely took the top spot in Private Equity Wire US Awards 2024’s “Performance of the Year – Over $500 Million: Buyout” category. The awards “recognize excellence among private equity fund managers,” and Clearlake was selected based on a poll of Private Equity Wire readers. #PrivateEquity #Investment #Acquisition #Leadership #Fundraising #PortfolioPerformance For a list of all Private Equity Wire US Award winners, please visit: https://bit.ly/3UxjeiP

In the third quarter of 2024, Clearlake closed one platform acquisition and eight add-on transactions. Clearlake funds completed the acquisition of Synopsys Inc Integrity Group, rebranding the company as Black Duck Software, Inc. after the company's flagship software supply chain solution, Black Duck SCA. We are excited to be part of Black Duck's next stage of growth and look forward to supporting its continued innovation and success. We are pleased to announce the pending acquisition of MV Credit, a pan-European credit specialist that provides tailored fund solutions to investors across various strategies, including senior direct lending, subordinated direct lending, hybrid, and collateralized loan obligations. The integration of MV Credit into the broader Clearlake platform marks an important step in deepening our credit capabilities and expanding our presence in Europe. This acquisition is strategically significant, as its expected to allow us to leverage the synergies between the two firms to explore new avenues for growth and better service our clients' needs. In light of the Federal Reserve's recent decision to cut interest rates, we anticipate that lower borrowing costs will drive increased deal activity in the coming months, which may foster better alignment between buyer and seller expectations, creating a conducive environment for new opportunities. As we navigate this evolving market, our commitment to delivering value is steadfast, and we look forward to the prospects that lie ahead. #PrivateEquity #Investment #Acquisition #2024 #Q3 https://lnkd.in/g_wrKpWZ

Great interview with our IPG - Intertape Polymer Group CEO, Pete Durette, in this month's CEO North America!

Clearlake Managing Director Martin Arzac will be participating in a discussion on credit investment strategies at the National Council on Teacher Retirement (NCTR)’s annual meeting on October 7th in Atlanta. Joining Martin on the panel, moderated by Craig Husting of the Public School and Education Employee Retirement System of Missouri, will be Lamar Taylor of the State Board of Administration of Florida and Rosemary Elly Guillette of Segal Marco Advisors. NCTR is an independent association dedicated to safeguarding the public retirement systems of teachers across the country, and Clearlake is pleased to be a sponsor of the event. #PrivateEquity #Investment #Acquistion #Leadership #EmpowermentThroughEducation Learn more here: https://bit.ly/3BjHf5P

Clearlake Capital Group and Francisco Partners announced today that they have completed their acquisition of the Synopsys Software Integrity Group, establishing the newly independent application security company as Black Duck Software, Inc. The transaction with Synopsys Inc., which was first announced on May 6, 2024, is valued at up to $2.1 billion, including up to $475 million in cash payable upon Clearlake and Francisco Partners achieving a specified rate of return in connection with one or more liquidity transactions. As an independent company, Black Duck provides all the application security solutions previously available from the Synopsys Software Integrity Group. Black Duck’s mission is to help organizations build trust in their software so they can innovate and transform their businesses with new, emerging technologies like AI. "Black Duck provides critical technology that supports and enables enterprise-scale software development teams to protect their applications against rapidly evolving cybersecurity threats," said Prashant Mehrotra, Partner, and Sean Courtney, Principal, at Clearlake. "We are committed to supporting Black Duck as it continues to innovate and address the increasing demands for cutting-edge application security solutions with the help of our O.P.S.® value creation framework.” #PrivateEquity #Investment #Acquisition #SoftwareSecurity #Technology #Growth #BuildTrustInYourSoftware https://lnkd.in/gAMBx3Yn

ALKEGEN a global specialty materials platform providing high performance materials used in advanced applications and a portfolio company of Clearlake Capital Group, L.P., today announced the closing of a refinancing transaction of its outstanding debt. The transaction was led by a consortium of new and existing lenders including lead lender Oak Hill Advisors, L.P. and funds managed by affiliates of Apollo Capital Management , L.P. Alkegen has established itself as a global provider of high-performance specialty materials across high temperature insulation, fire protection, filtration and battery applications. With over 60 manufacturing facilities and over 7,500 employees worldwide, Alkegen’s global materials platform is concentrated on creating innovative technologies that enable fossil fuel reduction, clean air enhancements, and battery advancements. Alkegen’s comprehensive product portfolio focuses on helping customers optimize energy consumption and drive compliance with the latest emission and fire safety regulations. “This new capital infusion represents a milestone in Alkegen’s next stage of growth and innovation,” said José E. Feliciano, Co-Founder and Managing Partner, and Colin Leonard, Partner and Managing Director, at Clearlake. “We look forward to supporting Alkegen’s ongoing commitment to delivering cutting-edge solutions to its global customer base.” #PrivateEquity #Investment #Acquisition #SpecialtyMaterials #IndustrialMachineryManufacturing #Innovation #LiveGreener https://lnkd.in/gnxVPUKy

Congratulations to Clearlake’s Darien L. and Sarah Anania on joining the Board of Directors of Synergist’s Los Angeles chapter. Synergist Network is a non-profit national network of women investors, which aims to connect women in the first decade of their investing careers and provide them with the infrastructure, network, and business acumen needed for long-term success. If you’re in the LA area, please join Clearlake and Synergist LA for its 2024-2025 kick-off event on Thursday, October 3rd at 6:00pm PT at Sogno Toscano in Santa Monica. #PrivateEquity #Investment #Acquistion #Leadership #WomenInInvesting #Mentorship #Networking Register here: https://lnkd.in/gc_K3uDD