William Blair launched its private capital advisory practice. Mike Custar joined the firm as a managing director and head of private capital advisory in New York to lead the practice. Custer will be joined by Quinn Kolberg and a team of secondaries experts who will be responsible for GP-led secondaries.
Clearlake Capital Group completed its acquisition of Cornerstone OnDemand. J.P. Morgan, BofA Securities, Ares, Golub Capital, Antares Capital, Barclays, Blue Owl, BMO Capital Markets, BNP Paribas, Credit Suisse, Goldman Sachs and Jefferies provided debt financing for the transaction.
Barings Finance and Siemens Financial Services provided debt financing for aerospace-focused private equity firm J.F. Lehman’s acquisition of CTS Engines, a provider of maintenance, repair and overhaul services for aircraft engines.
William Blair arranged a $45 million senior credit facility for Dustex, a portfolio company of private equity firm Insight Equity, in its role as exclusive financial advisor.