Clearlake Capital Group, an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies, made several senior executive promotions and new additions to the Clearlake team.
Unifrax, backed by Clearlake Capital Group, signed definitive agreements to acquire Lydall, a designer and producer of specialty filtration materials and advanced material solutions. A syndicate of banks led by J.P. Morgan provided committed debt financing to support Unifrax’s acquisition of Lydall.
US LBM completed its acquisition of American Construction Source from Angeles Equity Partners and Clearlake Capital Group. Barclays and Credit Suisse led the debt financing for the transaction. Financial terms were not disclosed.
US LBM, a distributor of specialty building materials, reached an agreement to acquire American Construction Source, a building materials distribution platform. Barclays and Credit Suisse provided debt financing for the transaction.
WhiteStar Asset Management opened a London office to drive its European expansion. The office will be led by Gordon Neilly, who joined the firm as executive chairman of WhiteStar Asset Management, Europe. WhiteStar also closed Trinitas CLO XV, a $511 million collateralized loan obligation.
JPMorgan Chase Bank, Morgan Stanley Senior Funding, Goldman Sachs, UBS Investment Bank, Bank of America, Barclays and Jefferies are arranging debt financing in support of Clearlake Capital Group’s new equity investment in RSA Security.
RSA Security announced a significant new equity investment from Clearlake Capital Group. JPMorgan Chase, Morgan Stanley Senior Funding, Goldman Sachs, UBS Investment Bank, Bank of America, Barclays and Jefferies are arranging the debt financing for the transaction.
Private credit asset management firm Monroe Capital acted as administrative agent on the funding of a senior credit facility to support the acquisition of Confirm Solutions Limited by Dude Solutions, an existing portfolio company of Clearlake Capital Group.
New York-based private equity firm The Jordan Company agreed to sell Dallas-based Dimora Brands, a provider of branded specialty hardware and home accessories, to Clearlake Capital Group. Baird served as financial advisor to Dimora.
Monroe Capital acted as administrative agent on the funding of a $260 million senior credit facility to support the acquisition of Dude Solutions by Clearlake Capital Group.