We remain focused on investing in companies at attractive price points that can benefit from our buy-and-build and organic growth strategies that best position our companies and our investors for long-term success.". We believe that our flexible investment strategy incorporating buyouts, corporate carveouts, and special situations is positioned to take advantage of the evolving and potentially unstable market conditions that we are likely to encounter in the investment period of Fund VII. All quotes delayed a minimum of 15 minutes. Clearlake Capital Partners VII Profile: Investments & Returns | PitchBook 2023 PitchBook. 2023 PitchBook. Clearlake and Motive's thesis in wealth management technology focuses on providing the Wealth Management industry with frictionless digital experiences, catalyzing the democratization of wealth solutions, and delivering hyper-personalized solutions to end clients. Get the full list Want detailed data on 3M+ companies? from 8 AM - 9 PM ET. With the closing of Fund VII, Clearlake has more than $72 billion of assets under management and will continue to leverage its current investment strategy with Fund VII of flexible and creative deployment of capital into the technology, industrial and consumer sectors. [19][20], On May 30, 2022, a consortium of investors co-led by Clearlake and Todd Boehly acquired Chelsea F.C. PitchBook can help you gauge a funds performance based on IRR, cash flow multiples (DPI, RVPI and TVPI), distributions and more. Get the full list, Youre viewing 5 of 55 limited partners. As of December 31, 2021, Fund VII's two predecessor funds generated the following results - Clearlake Capital Partners V generated a gross IRR of 65.1% (57.7% net), with a gross multiple of 3.9x . x[O@I,c9$A fJv/6{Qf)(~S!(prr|u!==nVJR2A from 8 AM - 9 PM ET. Clearlake Capital. SANTA MONICA, Calif. and NEW YORK and LONDON, March 21, 2022 /PRNewswire/ -- Clearlake Capital Group, L.P. ("Clearlake") and Motive Partners ("Motive" and collectively, the "Sponsors"), today announced that they have entered into a definitive agreement to acquire the BETA+ assets from London Stock Exchange Group ("LSEG"), which encompasses the assets of BETA (securities processing, custody, clearing, and asset servicing technology), Maxit (cost and tax basis reporting software), and Digital Investor (front-end client solutions), collectively referred to as "BETA+". The fund is located in Santa Monica California and invests in North America. The below charts are illustrative of the type of graphical data available to our clients and do not represent live data. (PRNewsfoto/Centroid Investment Partners,Clearlake Capital Group) Clearlake Capital closes seventh flagship private equity fund with more [3], In 2015, Chang left the firm leaving Eghbali and Feliciano as the remaining managing partners. core sectors Software & Technology, Energy & Industrials, Food & Consumer Services. But are they safe, or are they putting riders and others at risk? These cookies will be stored in your browser only with your consent. Insight Partners and Partners Group to Make a Strategic - Precisely "The support from both existing and new limited partners is especially humbling given the backdrop of the last two years, and we're grateful for their ongoing support," said Behdad Eghbali, Co-Founder and Managing Partner at Clearlake. Win whats next. The Sponsors are also focused on the long-term strategic partnership between BETA+, the Sponsors' other portfolio companies and LSEG, to offer new products and greater operational efficiencies to clients across these various platforms. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. We're looking forward to partnering with Clearlake once again to continue our transformation of the wealth management sector at a critical time for the industry," said Stephen C. Daffron, Co-Founder and Industry Partner of Motive Partners. Jose E. Feliciano cofounded Clearlake Capital in 2006 with Behdad Eghbali; both men are managing partners. The private equity firm is based in Santa Monica, California. [17][18] In 2020 the merged company rebranded to Precisely. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. We remain focused on investing in companies at attractive price points that can benefit from our buy-and-build and organic growth strategies that best position our companies and our investors for long-term success.. By continuing to browse, you hereby agree to the use of cookies. COP III has already led investments in AMCS, a global supplier of integrated cloud-based software and vehicle technology for the environmental, utilities, waste, recycling, and resource industries, and Chelsea Football Club, a professional football club that competes in the Premier League, the top division of English football. Feliciano worked in investment banking at Goldman Sachs and was the chief financial officer of govWorks before it declared bankruptcy in 2000. Clearlake Capital Partners Native Currency USD Fund Manager's Location 233 Wilshire Boulevard Suite 800 Santa Monica, CA 90401 United States +1 (310) 000-0000 Fund Domiciles United States: Delaware Cayman Islands Want detailed data on 3M+ companies? The fund is located in Santa Monica California and invests in Asia, Middle East, Europe, United States, North America and South America. Get the full list, To view Clearlake Capital Partners VIs complete team members history, request access, Youre viewing 5 of 78 funds. Clearlake Capital Partners VI Profile: Investments & Returns | PitchBook With an initial target of $10 billion, Fund VII reached its hard cap and was significantly oversubscribed including commitments from the General Partner and affiliates. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. [2][3][4][5] The firm is headquartered in Santa Monica with affiliates in Dallas, London and Dublin. Exclusive news, data and analytics for financial market professionals, Reporting by Baranjot Kaur and Shubham Kalia in Bengaluru; Editing by Rashmi Aich, Australian miner Liontown confirms no new bids; resumes trading, Regulators seize First Republic Bank, sell assets to JPMorgan, Vice Media preparing to file for bankruptcy - NYT, JPMorgan deal forces Biden administration to defend record on mergers, Coffee at home: Australia Woolworths' sales jump as shoppers cut costs, Djokovic able to play at US Open as vaccine mandate set to end, Stocks on edge as traders wait on central bankers, Kudermetova to remove Russian sponsor logo to play at Wimbledon, Indian shares set for muted open ahead of Fed rate decision. Performance watch: Clearlake's PE funds - Private Equity International The private equity firm is based in Santa Monica, California. This category only includes cookies that ensures basic functionalities and security features of the website. PitchBook helps you see a funds investments based on target industry, year and deal typeso you can quickly understand its strategy at a glance. o~ The factors that may adversely impact the anticipated outcomes include, among others: the occurrence of any event, change or other circumstance that could give rise to the termination of the transaction agreement; conditions to the completion of the transaction may not be satisfied on the terms expected or on the anticipated timeline; and the benefits of the transaction may be different than currently anticipated. Sec Form D Clearlake Capital Partners, which came back to market in the summer of 2020 with its seventh flagship fund, has set the hard-cap of its latest vehicle at $13.75 billion. The firm is headquartered in Santa Monica, CA with affiliates in Dallas, TX and London, UK. Clearlake Capital to buy Quest Software from Francisco Partners - WSJ It's early, but the club's big offseason free agent acquisition is performing far below his accustomed standard. Clearlake creates series of single-asset funds amid growing push to The below charts are illustrative of the type of graphical data available to our clients and do not represent live data. PitchBook helps you see a funds investments based on target industry, year and deal typeso you can quickly understand its strategy at a glance. We would like to thank our diverse group of investors for their confidence in our team and their continued support. Principal Place of Business and Contact Information 3. Long-term strategic partnership with management to transform and grow companies. [3][5][6][7], In June 2022, Clearlake Capital was ranked eighth in Private Equity International's PEI 300 ranking of the largest private equity firms in the world. Clearlake Capital to Acquire Global Cybersecurity, Data We are very proud of the results generated by our funds in the context of a volatile macroeconomic backdrop in the past few years while experiencing significant growth and maintaining our focus on the fundamentals of our investment approach. We believe that our flexible investment strategy incorporating buyouts, corporate carveouts, and special situations is positioned to take advantage of the evolving and potentially unstable market conditions that we are likely to encounter in the investment period of Fund VII. Booker T talks the WWE Draft, hosting WWE's Most Wanted Treasures and AEW All In. [3] In 2021, Charlesbank Capital Partners invested in Ivanti at a valuation of $4 billion. All rights reserved. For more information, visit our Privacy Policy. [1] [3] [4] [5] Clearlake Capital to Buy Quest Software From Francisco Partners As such, there can be no assurance the investment will achieve its investment objectives or avoid losses, and past performance is not necessarily indicative of future results. [3] It discovered this technique during the COVID-19 pandemic when it sold shares of software company Ivanti to TA Associates in August 2020 at a valuation of $2 billion that generated a large windfall gain. Clearlake currently has over $70 billion of assets under management, and its senior investment principals have led or co-led over 400 investments. Limited partners in COP III include institutional investors from Asia, Europe, and North America, and represent a diverse group of public and corporate pension funds, sovereign wealth funds, insurance companies, foundations and endowments, and family offices. With 300 institutional investors representing six continents and over 40 countries, Fund VII received strong support from existing longtime investors as well as prominent new investors, with approximately half of these new investors based in the U.S. and the remainder representing Asia, Middle East, Europe, and North and South America. "We're also thankful to the larger Clearlake team of investment professionals, portfolio company management teams, and employees who have worked diligently to find creative solutions in a time of so much disruption. "We are very proud of the results generated by our funds in the context of a volatile macroeconomic backdrop in the past few years while experiencing significant growth and maintaining our focus on the fundamentals of our investment approach. All Rights Reserved. The fund targets information technology, industrials,TMT, consumer products and services sectors ranging from USD 300 million to USD 1500 million in 20 to 25 companies. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Clearlake Capital This information is available in the PitchBook Platform. More information on Motive Partners can be found at www.motivepartners.com. In 2021, Clearlake and TA Associates reacquired Precisely for $3.5 billion. Youre viewing 5 of 8 investments. Get the full list, Youre viewing 5 of 57 limited partners. You also have the option to opt-out of these cookies. Bachelor of Engineering, Princeton University; Master of Business Administration, Stanford University. [3], In 2014, Clearlake acquired the women's clothing company Ashley Stewart for $18 million after it had recently filed for bankruptcy. Limited partners in Fund VII represent a diverse group of public and corporate pension funds, sovereign wealth funds, insurance companies, foundations and endowments, and family offices. More information is available at www.clearlake.comand on Twitter @Clearlake. [8][9], Clearlake Capital was founded in 2006 by Steven Chang, Behdad Eghbali and Jos E. Clearlake is a leading private investment firm founded in 2006. But opting out of some of these cookies may affect your browsing experience. [2][10], In May 2018, Clearlake sold a minority stake of up to 20% of its shares to Dyal Capital, Petershill Partners and Landmark Partners. PDF Clearlake Capital Partners VI, L.P. - Pennsylvania Public School The firm is headquartered in Santa Monica, CA with affiliates in Dallas, TX, London, UK and Dublin. through deep industry knowledge, operational expertise, flexible solutions, and long-term partnerships. Oversubscribed COP III Fund Invests Using an All-Weather Strategy by Providing Flexible Equity and Credit Solutions. More information is available atwww.clearlake.comand on Twitter@Clearlake. Win whats next. All rights reserved. Clearlake Capital (Clearlake) is a private equity firm founded in 2006 that focuses on the technology, industrial and consumer sectors. "We look forward to partnering with Motive Partners, the BETA+ team, and LSEG as the company continues to provide best-in-class solutions to its blue-chip customer base.". Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. Clearlake Capital Partners Native Currency USD Fund Manager's Location 233 Wilshire Boulevard Suite 800 Santa Monica, CA 90401 United States +1 (310) 000-0000 Fund Domiciles United States: Delaware Cayman Islands Clearlake Capital Partners VI Investments (9) You're viewing 5 of 9 investments. Necessary cookies are absolutely essential for the website to function properly. ("Clearlake," "Genera l Partner") was founded in 2006 as a sector -focused investment firm specializngi in private equity, specai l situations and opportunistic credit . Let's explore them and the best practices brands should use to take advantage of them. The fund targets information technology, industrial, consumer products and services sectors. Confluence, backed by Clearlake Capital and TA Associates, welcomes longtime asset management executive Joan Binstock to board of directors. With a sector-focused approach, the firm seeks to partner with management teams by providing patient, long-term capital to businesses that can benefit from Clearlake's operational improvement approach, O.P.S. The firm's core target sectors are technology, industrials, and consumer. When typing in this field, a list of search results will appear and be automatically updated as you type. iFund performance can vary significantly over time, and there is no assurance that reported unrealized values can or will be realized; such values may have been derived or estimated from unobservable inputs, assumptions, and multiple traditional and non-traditional valuation approaches; such assumptions, believed to be reasonable by Clearlake, may nonetheless be inaccurate and/or subject to material differences based on judgment and other subjective measures; and future actual realized returns may differ materially from the unrealized value estimates included in fund performance calculations. 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 . [17] In 2017, Clearlake sold both companies to Centerbridge Partners for $1.26 billion and were merged. Concert Golf Partners, a Portfolio Company of Clearlake Capital, Closes Nov 28 (Reuters) - Private equity firm Clearlake Capital has struck a deal to buy Quest Software Inc from Francisco Partners, valuing it at $5.4 billion including debt, the Wall Street Journal reported on Sunday, citing people familiar with the matter. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. SANTA MONICA, Calif., May 18, 2022 /PRNewswire/ -- Clearlake Capital Group, L.P. ("Clearlake"), an investment firm that focuses on technology, industrials, and consumer industries, announced today it has completed fundraising for its seventh flagship private equity fund, Clearlake Capital Partners VII ("Fund VII"), with more than $14.1 billion in commitments. Clearlake Capital Partners Native Currency USD Fund Manager's Location 233 Wilshire Boulevard Suite 800 Santa Monica, CA 90401 United States +1 (310) 000-0000 Fund Domiciles United States: Delaware Cayman Islands Clearlake Capital Partners II Investments (13) You're viewing 5 of 13 investments. By continuing to browse, you hereby agree to the use of cookies. Clearlake Capital Group | LinkedIn [10] After the company underwent significant restructuring including cost-cutting, Clearlake sold the company to Invus Group for more than $140 million in 2016. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. 2018 Cohesive Capital. The growth of mobile commerce has been remarkable in recent years, and it shows no signs of slowing down. Get the full list, Morningstar Institutional Equity Research. This will include building critical platform infrastructure on the back-end of the Wealth workflow, with a plan to utilize proprietary expertise and know-how to augment the core BETA+ platform technology, enhance functionality for the existing blue-chip client set, enter new and high-growth markets, and cultivate partnerships within the combined Wealth ecosystems of the Sponsors. More information is available atwww.clearlake.comand on Twitter@Clearlake. The firm is headquartered in Santa Monica, CA with affiliates in Dallas, TX, London, UK and Dublin. May 18, 2022 SANTA MONICA, Calif., Sept. 20, 2022 /PRNewswire/ -- Clearlake 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.

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