Following the closing of the deal, Clearlake Capital will become Quest Software's majority shareholder . The addition of Clearlake Capital, which is thought to manage assets worth around £45 billion, to the . Precisely, the global leader in data integrity, today announced it has signed an agreement for Clearlake Capital Group and TA Associates to acquire the Company. Francisco Partners bought Quest Software in 2016 when Dell was selling off some assets to help pay for the massive $67 billion EMC deal. Under the agreement that will see IPG become a privately held company, Clearlake will pay C$40.50 per share in cash. The Wall Street Journal said the deal is worth $5.4 billion. Under the . The divestiture will see consumer credit reporting agency TransUnion sell TransUnion Healthcare to nThrive, a software platform backed by Clearlake Capital, for $1.735 billion.The acquisition . Rob Heyvaert, founder and managing Partner of Motive Partners, will become chairman . $1.54 billion Assets Under Management (AUM) As of 8th November 2021, Clearlake Capital Group, L.P.'s top holding is 52,854,385 shares of Janus International Group In currently worth over $647 million and making up 41.9% of the portfolio value. Cornerstone shareholders will get $57.50 per share in cash, a premium of over 15% to the stock's last close. Dell, […] Fred Ebrahemi, COO and general counsel, Clearlake Capital Photo by Philip Cheung. 5 with $20 billion in assets under management on the Business Journal's most recent list of largest private equity . "Fred's unwavering commitment to excellence is inspiring," says Nicole Washington, investment funds partner at Kirkland & Ellis. Cornerstone OnDemand Inc said on Thursday private equity firm Clearlake Capital Group LP would take the cloud computing and management software provider private for about $3.8 billion, the latest in a series of tech take-private deals this year. SANTA MONICA, CA và CHARLOTTE, NC - Ngày 9 tháng 2022 năm XNUMX - Discovery Education, Inc., ("Discovery Education" hoặc "Company"), một . Today, the company was on the move again, with Clearlake Capital picking it up this time. ET, shares were up 77% at 39.41 Canadian dollars, the equivalent of US$30.74, approaching the share price of C$40.50, the amount the Clearlake affiliate will pay per share. Tue., March 8, 2022 timer 2 min. Francisco Partners bought Quest Software in 2016 when Dell was selling off some assets to help pay for the massive $67 billion EMC deal.Dell itself had purchased Quest in 2012 for $2.4 billion. Colin Leonard biography. Clearlake Capital signs deal worth US$2.6B to buy Intertape Polymer Group. The firm ranked No. MONTREAL - Private equity firm Clearlake Capital Group LP has signed a deal to buy Intertape Polymer Group Inc. for US$2.6 billion, including debt. About Clearlake. With a sector-focused approach, . MONTREAL — Clearlake Capital Group LP has signed a deal to buy Intertape Polymer Group Inc. in a deal valued at US$2.6 billion, including debt. With a sector-focused approach, the firm seeks to partner with world-class management teams by providing patient, long-term capital to dynamic businesses that can benefit from Clearlake's operational improvement approach, . We apologize, but this video has failed to load. EIG, aka Endurance International Group Holdings, Inc. (NASDAQ:EIGI), aka Bluehost/Constant Contact to most people, announced in SEC filings on November 2, 2020 its agreement to be acquired by affiliates of Clearlake Capital Group L.P. for approximately $3 billion. Clearlake Capital has agreed to purchase Quest Software in Aliso Viejo from Francisco Partners, Quest said in a statement today. Company management is also investing. Kirkland also advised on nine portfolio sales worth $2.3 billion and 12 NAV-based financings worth $3.3 billion. Financial details of the transaction were not disclosed. The Wall Street Journal reported that the deal is worth $3.5 billion. Clearlake Capital Group is a hedge fund with 62 clients and discretionary assets under management (AUM) of $29,588,110,526 (Form ADV from 2021-07-02). Clearlake Capital Group, L.P. is a leading private investment firm founded in 2006. José Feliciano. Under the . All content is posted anonymously by employees working at Clearlake Capital. Under the agreement that will see IPG become a . Dell itself had purchased Quest in 2012 for $2.4 billion. Quest was started up in 1987 and grew to the point where, with 100,000 customers, it was bought by Dell, who combined it with information security business SonicWall. Based in Montreal, Quebec and Sarasota, Florida, IPG develops, manufactures and sells a wide range of products for industrial and retail applications. Ebrahemi's dedication hasn't gone unnoticed by his colleagues outside of Clearlake. Under the agreement that will see IPG become a . Read customer reviews and common Questions and Answers for Capital Lighting Part #: W007163013 on this page. Colin M. Leonard serves as Independent Director of the Company. CLEARLAKE CAPITAL, SANTA MONICA, CA. Clearlake's offer of C$40.50 per share, represents an about 82% premium to the closing price of Intertape's . SANTA MONICA, Calif. and ALISO VIEJO, Calif., Feb. 2, 2022 /PRNewswire/ -- Clearlake Capital Group, L.P. (together with its affiliates "Clearlake") today announced that it has completed its . Secondaries Deal of the Year in the Americas. Confluence Technologies, Inc., a U.S.-based software and data solutions provider to the investment management industry, has signed a definitive agreement for Clearlake Capital Group, L.P. to acquire the company from TA Associates.Upon closing of the transaction, Clearlake will become the majority shareholder while TA will retain a minority equity stake. Then in 2006, they teamed up to form Clearlake Capital. Clearlake Capital, a private equity firm based in Santa Monica, is set to buy all outstanding shares of Cornerstone at $57.50 a share . The most common Clearlake Capital Group email format is first_initial last (ex. Đọc thêm Under the agreement that will see IPG become a privately held company, Clearlake will pay C$40.50 per share in cash. This analysis is for one-year following each trade, and the results are . If you have any questions about your purchase or any other product for sale, our customer . MONTREAL — Clearlake Capital Group LP has signed a deal to buy Intertape Polymer Group Inc. in a deal valued at US$2.6 billion, including debt. Motive Partners, Clearlake Capital buy majority stake in InvestCloud, combining it with Finantix and Tegra118. read. PlaceIQ for those unfamiliar is a longstanding player in location intelligence, competing with firms like Foursquare, InMarket, and Groundtruth. THE LATEST: In April, Feliciano's firm announced it would make a significant equity investment in Appriss Holdings Inc. to . Another potential bidder, Josh Harris, co-founder of Apollo Global Management, is considering his options. Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. Santa Monica-based Cornerstone OnDemand Inc., a human resources management software company, has entered into an agreement to be acquired by Clearlake Capital Group in a transaction worth $5.2 billion. jdoe@clearlake.com) being used 76.8% of the time. Co-Founder and Managing Partner, Clearlake Capital . When you buy a Capital Lighting Clearlake 6 - Light Shaded Wagon Wheel Chandelier online from Wayfair, we make it as easy as possible for you to find out when your product will be delivered. Clearlake Capital Group, L.P. is a leading private investment firm founded in 2006. Patrick Nichols, current CEO of Quest, will continue to lead the company supported by the existing executive management team. With a sector-focused approach, the firm seeks to partner with world-class management teams by providing patient, long-term capital to dynamic businesses that can benefit from Clearlake's operational improvement approach, O.P.S.® The . With a focus on software and technology-enabled services, Clearlake is a leading private investment firm that has managed approximately $9 billion of institutional capital since its inception. US cybersecurity company Quest Software has agreed to be acquired by Clearlake Capital Group and some of its affiliates in a deal reportedly worth $5.4bn after the inclusion of its debt. AlpInvest, Clearlake Capital, Evercore, Goldman Sachs Asset Management, ICG and Pantheon for single-asset process on DigiCert 2. Clearlake Capital Group co-founders Behdad Eghbali and Jose Feliciano, and Feliciano's wife Kwanza Jones, are weighing a bid, which if successful, would bring diversity to the NFL owners group. According to The Wall Street Journal, the firm bought Quest for $5.4 billion. Clearlake Capital Group uses 3 email formats. This is the Clearlake Capital company profile. Investment firms Clearlake Capital and TA Associates are acquiring data giant Precisely in a deal reportedly worth $3.5 billion. Founded in 2006, Clearlake Capital Group, L.P. is an investment firm, operating integrated businesses across private equity, credit, and other related strategies. All content is posted anonymously by employees working at Clearlake Capital. This is the Clearlake Capital company profile. Cornerstone OnDemand will be acquired by the private equity firm Clearlake Capital, in a deal worth nearly $4 billion. In this section, we analyze the profitability of every unplanned, open-market insider purchase made by Clearlake Capital Partners, LLC in TNGO / Tangoe, Inc.. Under the agreement that will see IPG become a . SANTA MONICA, CALIF. and TEWKSBURY, MASS. Siris will retain a significant stake alongside Clearlake. Glassdoor gives you an inside look at what it's like to work at Clearlake Capital, including salaries, reviews, office photos, and more. 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