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clearlake capital

Clearlake Capital to Acquire LANDESK
SANTA MONICA, CA AND SALT LAKE CITY, UT — January 3, 2017 — Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) today announced that it has signed a definitive agreement to acquire LANDESK from Thoma Bravo. Financial terms of the transaction were not disclosed. As part of the transaction, Clearlake will contribute its portfolio company HEAT Software (“HEAT”) to the new platform investment in LANDESK. LANDESK’s leadership in providing software to simplify IT complexity is further strengthened by HEAT’s Cloud-based Service Management (CSM) and Unified Endpoint Management (UEM) software solutions. HEAT delivers flexible, scalable, and secure CSM, UEM, and endpoint security solutions, along with a robust, global, and rapidly growing SaaS platform that is complementary to LANDESK’s product portfolio. The combination will provide additional geographic reach and vertical depth, and will enable the company to better serve IT organizations with solutions to manage and secure end user environments. The
Clearlake Capital Affiliates Sell Stake in Ashley Stewart Inc.
SECAUCUS, NJ (June 6, 2016) — Ashley Stewart, Inc (“Ashley Stewart” or the “Company”) today announced that an affiliate of The Invus Group LLC (“Invus”), in partnership with senior management, has acquired a controlling interest in the Company from affiliates of Clearlake Capital Group, L.P. (“Clearlake”) and FirePine Group, LLC (“FirePine Group). Terms were not disclosed. Founded in 1991 and headquartered in Secaucus, NJ, Ashley Stewart is a leading global lifestyle brand for plus size women’s fashion. The Company, led by James Rhee and Kristen Gaskins, offers on-trend clothing and accessories through 89 retail stores across the country, a leading social media platform and a rapidly growing e-commerce platform. “We see in Ashley Stewart an iconic brand with an incredibly loyal and growing customer base. We are excited to partner with James, Kristen and the rest of the management team to support the customer-first, omnichannel strategy that has catapulted Ashley
Clearlake Capital to Acquire Vision Solutions
SANTA MONICA, CA (May 12, 2016) — Clearlake Capital Group, L.P. together with its affiliates (“Clearlake”) today announced that it has reached a definitive agreement to acquire Vision Solutions, Inc. (“Vision” or the “Company”) – a global data protection, high availability and cloud migration software provider with a proven track record of technological innovation on the IBM Power Systems, Windows, and Linux platforms – from private equity investment firm Thoma Bravo, LLC. Financial terms of the transaction were not disclosed. Headquartered in Irvine, CA, Vision Solutions is a leading provider of software solutions designed to protect data, minimize downtime and maximize resources for the modern data center as enterprises migrate to the cloud. Vision’s software offerings facilitate near-zero downtime migration of data, applications, and systems using real-time replication technology to significantly reduce time, cost, and risk. Vision serves a diverse base of approximately 12,000 customers ranging from SMBs to the
Clearlake Capital Acquires Maker of Premium Branded Snacks
Santa Monica, CA March 21, 2016 — Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) announced that it has acquired That’s How We Roll, LLC (“THWR” or the “Company”), a leading provider of high quality, branded, better-for-you snacks in North America, including flagship brands Mrs. Thinsters and Dippin’ Chips. The acquisition was completed as part of Clearlake’s recently announced Better For You Holdings platform. Transaction terms were not announced. Clearlake is partnering with THWR founder and CEO Aldo Zuppichini, who maintains a significant equity stake in the Company. Zuppichini is an industry veteran who was on the founding team of Pretzel Crisps and also served as National Sales Manager before its parent company, Snack Factory, was sold to Snyder’s-Lance. He was also a founding member of NY Style Bagel Chips, growing U.S. sales significantly as National Sales Manager before its successful sale to Nabisco. THWR will remain based in
Clearlake Capital Group Leads Recapitalization of Globe Energy Services
Snyder, TX and Santa Monica, CA – March 17, 2016 — Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) and Globe Energy Services, LLC (“Globe” or the “Company”) today announced that Clearlake has led the successful recapitalization of Globe in partnership with the Company’s management team and other existing stakeholders. Terms of the transaction were not disclosed. Headquartered in Snyder, Texas, Globe is a leading provider of oilfield services with more than 50 operating locations throughout Texas, New Mexico and Oklahoma. The Company offers a full range of services primarily focused on production activities and the maintenance of existing wells, with capabilities that include fluid services, completion services, artificial lift, well services, fishing and rental, production chemicals, water infrastructure solutions and other environmental services. With the majority of its operations in the prolific Permian Basin, Globe benefits from the Permian’s resilience to the current commodity price environment, where rig