In the second quarter of 2024, Clearlake closed one platform and four add-on acquisitions. Clearlake also announced the anticipated acquisition of Software Integrity Group from Synopsys Inc in a transaction valued at up to $2.1 billion. Clearlake believes this demonstrates the firm's capabilities in executing large-scale carveouts, and underscores our commitment to identifying and unlocking value in sectors where we can make meaningful impact. Clearlake aims to maintain a steady and thoughtful approach as we assess new opportunities. We also continue to support our portfolio's organic and inorganic growth initiatives. endeavoring to provide our companies with the resources and guidance needed to succeed. We are encouraged by the increase in deal volume seen over the past few months and are optimistic in deal flow going forward. By staying true to our long-term objectives, we aim to create sustainable value. #PrivateEquity #Investment #Acquisition #2024 #Q2 https://lnkd.in/gTgs-dcA
About us
Founded in 2006, Clearlake Capital Group, L.P. is an investment firm operating integrated businesses across private equity, credit and other related strategies. With a sector-focused approach, the firm seeks to partner with experienced management teams by providing patient, long term capital to dynamic businesses that can benefit from Clearlake’s operational improvement approach, O.P.S.® The firm’s core target sectors are technology, industrials, and consumer. Clearlake currently has over $80 billion of assets under management, and its senior investment principals have led or co-led over 300 investments. The firm is headquartered in Santa Monica, CA with affiliates in Dallas, TX, London, UK, Dublin, Ireland and Singapore. More information is available at www.clearlake.com and on Twitter @Clearlake.
- Website
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https://clearlake.com
External link for Clearlake Capital Group
- Industry
- Financial Services
- Company size
- 51-200 employees
- Headquarters
- Santa Monica, CA
- Type
- Privately Held
- Founded
- 2006
Locations
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Primary
233 Wilshire Blvd., Suite 800
Santa Monica, CA 90401, US
Employees at Clearlake Capital Group
Updates
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BBB Industries, LLC, a leading sustainable manufacturer serving the automotive, industrial, energy storage, and solar markets, backed by Clearlake Capital Group, L.P., today announced it has entered into a definitive agreement to acquire All Star Auto Parts. Terms of the transaction, which is expected to close in the third quarter, were not disclosed. Headquartered in Orlando, FL, All Star is a growth-oriented provider of alternative automotive replacement parts including both remanufactured OEM and aftermarket lights and wheels. All Star primarily focuses on the U.S. collision repair channel, which it serves through its nationwide distribution network. “The acquisition of All Star will be an exciting development for BBB as we continue to build upon the company’s foundation in sustainable manufacturing and accelerate both product and end-market diversification,” said José E. Feliciano, Co-Founder and Managing Partner, and Colin Leonard, Partner and Managing Director, at Clearlake. “This acquisition showcases our O.P.S.® value creation framework in action as we continue to pursue accelerated growth through both organic initiatives and strategic M&A,” added Ben Kruger, Principal at Clearlake. #PrivateEquity #Investment #Acquisition #Growth #SustainableManufacturer #Automotive #CollisionRepair #AllStar #BBB https://lnkd.in/gM5s-sj5
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Clearlake Capital Group reposted this
Join us in welcoming Principal Logistics Technologies: WMS & ERP-SOP Software to the Aptean family. This acquisition enhances our offerings with additional warehouse management and supply chain optimization software solutions. We're Ready For What's Next, Now: https://brnw.ch/21wLk2h #Logistics #SupplyChain
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Concert Golf Partners has acquired TPC Jasna Polana, a historic private club near Princeton University. Opened in 1998, the Club is currently a licensed and operated property of the TPC Network operated by the PGA TOUR, and features an 18-hole golf course designed by World Golf Hall of Fame Member Gary Player. Selected from a competitive pool of 20 bidders, Concert Golf was chosen by the Piasecka Johnson Family for its vision and mission to preserve and enhance the esteemed country club for years to come. “Jasna Polana will be an exceptional addition to Concert Golf Partners as the company continues to elevate its portfolio of premier, private golf clubs, and provides a unique opportunity to foster the progress and prosperity of the Princeton community,” said José E. Feliciano, Co-Founder and Managing Partner of Clearlake Capital Group, a member of Concert Golf’s Board of Directors, and a prominent Princeton University alum. https://lnkd.in/g-yf6a4E #PrivateEquity #Investment #Acquisition #Golf #Legacy #TournamentPlayersClub #Princeton
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Aptean a global provider of industry-specific enterprise resource planning (“ERP”) and supply chain software, announced today that it has received an investment from Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) to support Aptean’s journey. Clearlake will join existing investors TA Associates, Insight Partners, and Charlesbank Capital Partners as shareholders. “Aptean is thrilled to welcome Clearlake as an investor as we continue addressing the needs of our customers with our cloud ERP and supply chain software,” said TVN Reddy, CEO of Aptean. “Clearlake’s investment underscores their confidence in our strategy and commitment to expansion. Partnering with Clearlake, alongside our existing investors, will enable us to continue delivering differentiated solutions to the market and accelerate our growth.” Behdad Eghbali, Co-Founder and Managing Partner, and Prashant Mehrotra, Partner and Managing Director, at Clearlake, said, “We are excited to partner with Aptean’s management team and join TA, Insight, and Charlesbank as investors. We see an opportunity to build upon Aptean’s market position as a provider of manufacturing ERP and supply chain solutions. We look forward to leveraging our O.P.S.® operational improvement approach to further support TVN and his team as they execute on product advancements, develop next-generation SaaS solutions, and pursue strategic acquisitions." #PrivateEquity #Investment #Acquisition #SaaS #Technology #ERP #SupplyChain Read more about the acquisition https://ow.ly/puT450SscEJ
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MRP Solutions, a provider of closures and other rigid packaging components to the health & wellness, food, and other specialty markets, today announced the appointment of Mark Shafer as Chief Executive Officer (CEO) and member of the Board of Directors. MRP Solutions is backed by Clearlake Capital Group, L.P. Mr. Shafer has nearly 20 years of experience leading specialized industrial organizations, with the last nine years spent in the packaging sector, and has demonstrated a history of growth, operational achievement, strategy development and execution. Most recently, he served as Chief Customer Officer at Altium Packaging where he was responsible for leading the sales, customer service, quality, and select aspects of the supply chain functions. “Mark’s background and vision complement MRP’s customer-centric and innovation-oriented strategy, and his operating experience aligns well with Clearlake’s O.P.S.® approach, making him an ideal choice to lead the Company in the next stage of its development,” said José E. Feliciano, Co-Founder and Managing Partner, and Arta Tabaee, Partner and Managing Director, at Clearlake. #PrivateEquity #Investment #Acquisition #Leadership #Growth #Packaging https://lnkd.in/g_C79R8e
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Congratulations to Clearlake portfolio company IPG - Intertape Polymer Group on being recognized as the Large Enterprise Manufacturer of the Year by Manufacturing Leadership Council. #MLAwards #investment #privateequity #leadership #manufacturing
We’re excited to announce this year’s large enterprise Manufacturer of the Year is IPG - Intertape Polymer Group. Congratulations! #MLAwards See the rest of this year’s winners: https://lnkd.in/gduMyTkd
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Clearlake is excited to share that Brian Shaw has been named the new CEO of Discovery Education, its global edtech company. Brian most recently served as Discovery Education’s CFO & COO and has played a significant role in the growth of the Company as a standalone business. “Having worked closely with Brian over the last two years, I am confident that his experience in building technology companies and driving innovative growth strategies make him a strong fit for the role,” said James Pade and Managing Director at Clearlake. #PrivateEquity #Investment #Acquisition #Education #Leadership #Growth #EdTech https://lnkd.in/ggKWpXHp
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Tony La Rosa Clearlake Managing Director, Technology and O.P.S., will be speaking at Private Equity International's Operating Partners Forum Napa 2024 on June 14th. Tony and co-panelists Chioma Achebe of The Carlyle Group and Ignacio “Nacho” Giraldo of TPG will be discussing tips for successful onboarding of portfolio companies and levers of operational improvement during the panel, “Value creation accelerator: roadmaps from due diligence to the first 12-15 months.” #PrivateEquity #Investment #Acquisition #Leadership #PEI For details, please visit Operating Partners Forum | June 13-14 | Napa (peievents.com)
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Earlier this month we were fortunate to have the opportunity to connect face-to-face with our global investors at Clearlake’s Annual General Meeting. In addition to receiving updates on the Firm’s new investments, growing portfolio, and market outlook, our guests had the opportunity to hear directly from our portfolio company CEOs about key trends they’re seeing in technology, industrials and consumer. We appreciate that many of our investors traveled far to be with us, and we thank everyone who attended and made the event a success. We look forward to working together in the year ahead. #privateequity #investment
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