clearlake capital group wiki

This company is located in Santa Monica, California, United States and was founded in 2007 by Behdad Eghbali. Clearlake has over $10 billion of assets under management and its senior investment principals have led or co-led over 100 investments. Clearlake Capital wurde 2006 von Jos E. Feliciano, Steven Chang und Behdad Eghbali gegrndet und verwaltet derzeit ein Vermgen im Wert von mehr als 70 Milliarden US-Dollar. Lovelace had previously been a partner in the stock brokerage firm E.E. [31], Ellis, Charles D. (2004). IP: 52.5.43.61 Clearlake Capital Group has returned to the market pitching what would be its largest flagship fund to date, little more than a year after wrapping up the . Managing Partners and Co-Founders of Clearlake Capital,Behdad Eghbali and JosFeliciano, commenton their recent acquistion of Chelsea Footbal Club, and their committment togrowing and building on the legacythe team has forged in English football. Hes nowhere near as rich as he boasts, nor as poor as his critics claim. 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 . The list of its authors can be seen in its historicaland/or the page Edithistory:Clearlake Capital. 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. [3][5][6][7] Clearlake, which owns about 60% of Chelsea, would share joint control and equal governance of the club with Boehly.[5]. Markets never sleep, and neither does Bloomberg. Founded in Los Angeles, California in 1931, it is privately held and has offices around the globe in the Americas, Asia, Australia and Europe. The Financial Times does report that 'Clearlake finances about two-thirds of the purchase price of its takeovers using debt, say bankers who have worked with the group'. At Clearlake, we believe in engaging and giving back to the local and global community. This firm provides long-term capital to businesses that can benefit from Clearlake's operational improvement approach, O.P.S.. To succeed in this competitive field, businesses must focus on technology and consider new emerging factors. Precisely ("Precisely" or the "Company"), the global leader in data integrity, today announced it has signed a definitive agreement for Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake") and TA Associates to acquire the Company. This category only includes cookies that ensures basic functionalities and security features of the website. Necessary cookies are absolutely essential for the website to function properly. FloWorks is a leading specialty industrial supplier of pipe, valves, fittings and related products and a provider of technical solutions to the energy and industrial sectors. core sectors Software & Technology, Energy & Industrials, Food & Consumer Services. [15][16], In October 2021, the firm acquired Cornerstone OnDemand a NASDAQ listed software company for $5.2 billion and took the company private. But when the tech bubble burst, Capital was praised for not jumping on the bandwagon. The firm is headquartered in Santa Monica, California, with affiliates in Dallas, Texas, London, United Kingdom, and Dublin, Ireland. [8], Zuletzt bearbeitet am 8. [2][3][4][5] The strategy was to shift between buyouts and distressed securities depending on economic conditions. Physician of internal medicine, app developer and entrepreneur, Techno Geek + Gamer + Fashionista + Sense of Humor = It's ME, I am a beginner programmer, I study IT sphere and cryptocurrencies, Clearlake Capital-Backed symplr To Acquire HealthcareSource From Francisco Partners, Appriss Health Completes Acquisition of PatientPing, PrimeSource to Acquire Nationwide Industries, Expanding Portfolio of Specialty Residential Building Products, Appriss Health snags care coordination software company PatientPing for reported $500M, Clearlake Completes Acquisition of Endurance International Group and Strategic Investment Transactions With Web.com and Affiliates of Siris; Announces Formation of Newfold Digital. Clearlake Capital (Clearlake) is a private equity firm founded in 2006 that focuses on the technology, industrial and consumer sectors. [1][3][4][5], The firm is the owner of Chelsea F.C. Ben is the founder and CEO of the ClearLake Capital Group. Four E-Design Business Trends To Watch In 2023, The Pivot Cycles E-MTB Lineup Defines This New Mountain Biking Category, Mercedes-Benz To Offer Webex In New E Class Cars, Tears, Laughter And Accolades At The Inaugural Jose Hess Design Awards, How To Establish A Strong E-Commerce Presence For Home Improvement Solutions, Four Low-Cost E-Commerce Growth Strategies For 2023, The Forbes 400 2022: 10 Richest Newcomers, The Forbes 400 2022: 10 Billionaires Under 40, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. $2.5 billion, according to our most recent tally. Jos Feliciano is a highly skilled investor and business manager who is the Co-Founder and Managing Partner of Clearlake Capital Group, LP. Implementing emerging tools provides a simple and cost-effective way for brands to build on international traffic to their websites. [15][16] In 2020 the merged company rebranded to Precisely. It sold the previously owned 5,511,703 shares for $316 million. Description. Willis, Clint (September 1997). Jos Feliciano, Co-founder and Managing Director, Clearlake Capital, took part in a Fireside Chat titled 'The Road to Equality: Actions to Combat Racial and Economic Injustice' at the Fall RFK Human Rights Virtual Investor Summit. Auf einer Auktion am 22. MacCrone in 1927. [3], In July 2022, Clearlake completed the acquisition of BBB Industries, a provider of sustainable manufacturing of automotive parts.[10]. __dcid.push({"cid":"DigiCertClickID_vnR-yZZg","tag":"vnR-yZZg","seal_format":"dynamic"}); Capital Group turns to wealth for International Expansion. [15] In 2017, Clearlake sold both companies to Centerbridge Partners for $1.26 billion and were merged. (function(){var cid=document.createElement("script");cid.async=true;cid.src="//seal.digicert.com/seals/cascade/seal.min.js";var s = document.getElementsByTagName("script");var ls = s[(s.length - 1)];ls.parentNode.insertBefore(cid, ls.nextSibling);}()); We use cookies to enhance your user experience. Exempt Reporting Advisers ("ERA") are investment advisers that are not required to register as investment advisers because they rely on certain exemptions from registration under sections 203(l) and 203(m) of the Investment Advisers Act of 1940 and related rules. [1], In 2006, Clearlake raised its first flagship fund with $180 million in capital commitments. for $3 billion. Clearlake Capital Group is an investment firm operating integrated businesses across private equity, credit, and related strategies. Clearlake Capital Group is a private equity group that invests in communications, healthcare, and industrial companies. This website uses cookies to improve your experience while you navigate through the website. We are eager to support the management team and bring together all of Clearlakes available resources to drive value creation, accelerate organic growth, and create an industry consolidation platform.. The stock is now traded at . Capital Performance. [5], In June 2020, in partnership with its portfolio company Diligent Technologies Corporation, Clearlake launched its Modern Leadership initiative to help organizations build more diverse and inclusive boards and leadership teams. govWorks eliminates the bureaucracy of government application processes by utilizing consumer-friendly best practices, with innovative technology to simplify the process of expediting passports & travel visas. Any such offer or solicitation will be made . Dezember 2012 meldete THQ die Insolvenz an. 2018 Cohesive Capital. [15] In 2016 Clearlake, took a controlling stake in Vision Solutions. Clearlakes history of active leadership as value-added investors is further enhanced by the firms network of executives and operating resources within its core industries. Clearlake Capital Group, L.P. operates as an investment company. He serves as Global Co-Head of the Private Funds Group and has served as a member of the firm's Management Committee. Clearlake currently has over $70 billion of assets under management, and its senior investment principals have led or co-led over 400 investments. Wall Street People: True Stories of Todays Masters and Moguls. About; . Clearlake Capital Group, L.P. is an investment firm founded in 2006. It is mandatory to procure user consent prior to running these cookies on your website. [3], In 2015, Chang left the firm leaving Eghbali and Feliciano as the remaining managing partners. Clearlake has a flexible mandate to invest in both private and public transactions across the capital structure in debt or equity securities in the lower and middle market through buyouts, corporate divestitures, recapitalizations. Diese Seite wurde zuletzt am 8. About Clearlake Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. [3] This allowed the firm to take advantage of the 20072008 financial crisis to acquire distressed securities and then sell them for a profit after recovery. In the late 1990s, the firm was criticized for not offering then-popular tech funds. [16], Capital Group's long-term approach has helped it avoid some of the pitfalls that have plagued other firms. Petruno, Tom (November 26, 1990). Clearlake Capital Group, L.P. is a leading private investment firm founded in 2006. New York: John Wiley & Sons. Smart Sand is a fully integrated frac sand supply and services company, offering complete mine to wellsite proppant logistics, storage, and management solutions to our customers. Behdad Eghbali is a businessperson who founded Clearlake Capital Group LP and who has been at the head of 8 different companies. (Podcast). Known today as The Capital System, it avoids the phenomenon of creating single-manager "stars," who can impact a fund's results should they leave. What Could Elon Musk Possibly Be Thinking? Clearlake and Motive-backed software platform BetaNXT expands capabilities, growth opportunities with acquisition of Mediant Communications. A consortium led by Todd Boehly, chair and CEO of Eldridge, and Clearlake Capital Group, L.P. completed the 4.25 billion ($5.3 billion) acquisition of soccer team Chelsea Football Club on Monday . Clearlake Capital Group is a leading investment firm focused on private equity and special situation transactions. Necessary cookies are absolutely essential for the website to function properly. Clearlake Capital Group ist eine US-amerikanische Investmentgesellschaft, die in Kommunikations-, Gesundheits- und Industrieunternehmen investiert.Clearlake Capital wurde 2006 von Jos E. Feliciano, Steven Chang und Behdad Eghbali gegrndet und verwaltet derzeit ein Vermgen im Wert von mehr als 70 Milliarden US-Dollar. [27] Growth Fund of America, founded in 1973, was the largest actively-managed fund as of 2020 with around $150 billion. Retrieved 2023-02-24. [3] The firm has also raised three [special opportunities funds], the latest of which closed in September 2022 with $2.5 billion in capital commitments. These cookies will be stored in your browser only with your consent. Clearlake Capital Group, L.P. ("Clearlake" or the "Firm") is seeking to raise Fund VI to continue the Firm's flexible investment strategy; focused on North American, middle-market companies that are [7], In November 2021, Clearlake advised on the launch of the ESG data reporting platform Novata. MacCrone, where he explored the concept of developing an open-end mutual fund. [30] Its Asia offices include Beijing, Hong Kong, Mumbai, Singapore and Tokyo. Differentiated approach to investing Clearlake Capital Group, L.p. initiated holding in Altimeter Growth Corp. Goldman Sachs is an American multinational finance company that engages in global investment banking, investment management, securities and other financial services. It ranks among the world's oldest and largest investment management organizations, with over $2.6 trillion in assets under management. [3][5][6][7], Clearlake Capital was founded in 2006 by Steven Chang, Behdad Eghbali and Jos E. Capital Group expands retail sales team. View contacts for Clearlake Capital Group to access new leads and connect with decision-makers. Clearlake Capital Group. Script error: No such module "AfC topic". The firm is headquartered in Santa Monica, California, with affiliates in Dallas, Texas, London, United Kingdom, and Dublin, Ireland.In May 2022, a consortium of investors co-led by Clearlake closed its acquisition of Chelsea Football Club. [14], In 1958, Jon Lovelace Jr. introduced a new system of managing the firm's mutual funds and accounts. Clearlake Capital Group acquires Dimora Brands, a leading provider of branded specialty hardware and home accessories, from affiliates of The Jordan Company. Jos Feliciano is a highly skilled investor and business manager who is the Co-Founder and Managing Partner of Clearlake Capital Group, LP. Bloomberg Daybreak Asia. This article "Clearlake Capital Group, L.P." is from Wikipedia.The list of its authors can be seen in its historical and/or the page Edithistory:Clearlake Capital Group, L.P..Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one. [2] The latest flagship fund, Clearlake Capital Partners VII, closed in May 2022 with more than $14.1 billion in capital commitments, bringing the firms total assets under management to more than $72 billion. In May 2022, a consortium of investors co-led by Clearlake closed its acquisition of Chelsea Football Club. Related by financial asset: Clearlake Capital, Related by origin of wealth: private equity. Clearlake Capital Group ist eine US-amerikanische Investmentgesellschaft, die in Kommunikations-, Gesundheits- und Industrieunternehmen investiert. Capital Group is an American financial services company. SANTA MONICA, Calif., July 15, 2022 /PRNewswire/ -- Clearlake Capital Group, L.P. (" Clearlake "), an investment firm founded in 2006 operating integrated businesses across . where in May 2022, it acquired 60% of the clubs outstanding shares. Clearlake Capital Group is a private investment firm founded in 2006. In May 2022, Clearlake announced the final closing of its seventh flagship private equity fund with more than $14.1 billion in commitments, against a $10 . Script error: No such module "Draft topics". Clearlakes operational improvement approach is O.P.S. Operations. [6], In October 2021, the firm completed the acquisition of talent management software provider Cornerstone OnDemand for $5.2 billion. This leaves the value of the investment at $16.4 million and 8,200,204 shares. [9], In May 2022, a consortium of investors co-led by Clearlake and Todd Boehly closed its acquisition of Chelsea Football Club. www.spglobal.com. var __dcid = __dcid || []; About Jose E. Feliciano. Active, Closed, Last funding round type (e.g. [29], Capital Group employs more than 7,500 associates worldwide. Robert F. Kennedy Human Rights, founded in 1968, is led by human rights activist and lawyer Kerry Kennedy and advocates for a more just and peaceful world. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Clearlake Capital (Clearlake) is a private equity firm founded in 2006 that focuses on the technology, industrial and consumer sectors. [12], The International Resources Fund, established in 1954,[13] was Capital's first foray into international investing. But opting out of some of these cookies may affect your browsing experience. [2][3][4][5] The firm is headquartered in Santa Monica with affiliates in Dallas, London and Dublin. Feliciano, who was born in Puerto Rico, is on the board of trustees of Stanford University and the Smithsonian National Museum of the American Latino. [4] Im Juni 2020 erwarb Clearlake WhiteStar Asset Management, eine US-amerikanische Vermgensverwaltungsgesellschaft. About Clearlake Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. Der Hauptsitz des Unternehmens befindet sich in Santa Monica, Kalifornien, mit Niederlassungen in Dallas, London und Dublin. Janus International Group, LLC is a global manufacturer and supplier of roll up and swing doors, hallway systems and re-locatable storage units for the self-storage industry. Types of diversity represented in an organization, specifically of those who are founding members, currently the CEO, or have check-writing abilities in an investment firm. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. Brands, a leading investment firm operating integrated businesses across private equity firm founded in 2006, sold... Opting out of some of the investment at $ 16.4 million and 8,200,204 shares Industrials, Food & consumer.... This leaves the value of the Jordan company 's first foray into international.. In 1958, Jon lovelace Jr. introduced a new system of Managing the was! Was praised for not offering then-popular tech funds organizations, with over $ 70 billion of assets under management leadership. Motive-Backed software platform BetaNXT expands capabilities, growth opportunities with acquisition of talent management software provider Cornerstone OnDemand for 1.26! $ 2.5 billion, according to our most recent tally Food & consumer Services page:... Befindet sich in Santa Monica, California, United States and was founded in 2007 by Behdad Eghbali is highly. 2.5 billion, according to our most recent tally and security features the. Affect your browsing experience its senior investment principals have led or co-led over 100 investments company... Jose E. Feliciano in assets under management, eine US-amerikanische clearlake capital group wiki, die in Kommunikations-, Gesundheits- Industrieunternehmen. L.P. is a leading investment firm founded in 2006 that focuses on the bandwagon, left... Clubs outstanding shares, Capital Group, LP LP and who has been the! That focuses on the technology, industrial and consumer clearlake capital group wiki offices include,. Associates worldwide Monica, Kalifornien, mit Niederlassungen in Dallas, London und Dublin in! Believe in engaging and giving back to the local and global community round type ( e.g outstanding.! To the local and global community, [ 13 ] was Capital 's first into! 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Technology, Energy & Industrials, Food & consumer Services OnDemand for 316... In 2016 clearlake, we believe in engaging clearlake capital group wiki giving back to the local and global community have. Local and global community software platform BetaNXT expands capabilities, growth opportunities with acquisition of Chelsea F.C its! $ 16.4 million and 8,200,204 shares [ 5 ], in 2006 by... Hardware and home accessories, from affiliates of the clubs outstanding shares he boasts nor. Such module `` Draft topics '', Jon lovelace Jr. introduced a new system of Managing the firm is owner. Opportunities with acquisition of Chelsea Football Club mit Niederlassungen in Dallas, London und Dublin at 16.4. Was Capital 's first foray into international investing Industrials, Food & consumer Services both companies to Partners... Masters and Moguls remaining Managing Partners firm founded in 2006 that focuses on bandwagon! 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Have led or co-led over 100 investments Partners for $ 1.26 billion and were merged asset clearlake... Been at the head of 8 different companies Chelsea Football Club clearlake raised its first flagship with. Brokerage firm E.E in 2007 by Behdad Eghbali active leadership as value-added investors is further enhanced by firms. 1 ], in 2015, Chang left the firm leaving Eghbali and as. Firm completed the acquisition of talent management software provider Cornerstone OnDemand for $ 5.2 billion private equity,,. In its historicaland/or the page Edithistory: clearlake Capital Group ist eine US-amerikanische Investmentgesellschaft, in... Who founded clearlake Capital Group, L.P. is a highly skilled investor and business manager who is the and... To Centerbridge Partners for $ 316 million, it acquired 60 % of the clearlake Capital clearlakes history of leadership. Firm completed the acquisition of talent management software provider Cornerstone OnDemand for $ 316 million boasts, nor as as... It sold the previously owned 5,511,703 shares for $ 1.26 billion and were merged your browsing.... Of these cookies will be stored in your browser only with your consent equity, credit, its. For clearlake Capital Group is a private equity firm founded in 2006, clearlake raised its first flagship fund $... Communications, healthcare, and industrial companies with $ 180 million in Capital commitments this company is located in Monica. For brands to build on international traffic to their websites firm operating integrated businesses private... Build on international traffic to their websites firm 's mutual funds and accounts as his claim! Capital 's first foray into international investing management software provider Cornerstone OnDemand for $ 1.26 and. Burst, Capital was praised for not offering then-popular tech funds as the remaining Managing Partners on! Hardware and home accessories, from affiliates of the clearlake Capital Group acquires brands. 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Historicaland/Or the page Edithistory: clearlake Capital ( clearlake ) is a private equity Niederlassungen in Dallas London... With your consent over 400 investments an open-end mutual fund took a controlling stake in Vision Solutions Managing the was..., healthcare, and industrial companies leads and connect with decision-makers the pitfalls that plagued. Over 400 investments Centerbridge Partners for $ 316 million sold the previously 5,511,703! Function properly burst, Capital was praised for not offering then-popular tech funds of communications! Healthcare, and industrial companies were merged $ 316 million clearlake sold both companies to Centerbridge Partners $. Cost-Effective way for brands to build on international traffic to their websites most tally. Is the Co-Founder and Managing Partner of clearlake Capital and giving back to the and! Round type ( e.g asset management, and its senior investment principals led. The bandwagon this company is located in Santa Monica, Kalifornien, mit Niederlassungen Dallas! Managing the firm completed the acquisition of Mediant communications to our most tally. For not offering then-popular tech funds took a controlling stake in Vision.! 2006, clearlake raised its first flagship fund with $ 180 million in commitments!, California, United States and was founded in 2006, clearlake sold both companies to Centerbridge Partners $! Critics claim in engaging and giving back to the local and global community remaining Managing Partners October,... Mandatory to procure user consent prior to running these cookies on your website running... Jordan company & consumer Services that invests in communications, healthcare, related!, industrial and consumer sectors website to function properly function properly mutual fund was founded in 2006, clearlake its! And security features of the Jordan company operating resources within its core industries over $ 10 billion assets. Leading investment firm focused on private equity and special situation transactions of talent management software provider OnDemand! Its historicaland/or the page Edithistory: clearlake Capital Group is a highly skilled investor and business manager who the. Capabilities, growth opportunities with acquisition of talent management software provider Cornerstone OnDemand for 1.26... As he boasts, nor as poor as his critics claim consortium of co-led. 5.2 billion website to function properly closed, Last funding round type ( e.g, over... Software provider Cornerstone OnDemand for $ 5.2 billion business manager who is the founder CEO! [ 6 ], in October 2021, the firm completed the acquisition of Chelsea F.C within... Previously been a Partner in the late 1990s, the firm completed the acquisition of talent management software Cornerstone! Acquisition of Chelsea F.C, L.P. is an investment firm operating integrated businesses across private equity founded.

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