
Clearlake Capital Group
Description
Clearlake Capital Group is a prominent private equity firm based in Santa Monica, California, known for its focus on control investments in middle-market companies. The firm employs a distinctive "O.P.S.®" (Operations, People, and Strategy) value creation approach, aiming to transform and grow businesses across various sectors. Clearlake primarily targets industries such as technology, industrials, and consumer, seeking out companies where its operational expertise can drive significant improvements and long-term value.
With substantial capital under management, Clearlake has established itself as a major player in the private equity landscape. As of early 2024, the firm manages over $90 billion in assets, demonstrating its considerable financial capacity and extensive reach within the global investment community. This significant pool of capital enables Clearlake to pursue large-scale transactions and provide robust support to its portfolio companies.
The firm recently underscored its strong market position by closing its latest flagship fund, Clearlake Capital Partners VII, L.P., and its parallel vehicles, which collectively raised over $14.1 billion in capital commitments in April 2024. Additionally, Clearlake Strategic Partners II, L.P. and its parallel vehicles closed with over $3.2 billion. This successful fundraising effort, totaling over $17.3 billion across these new funds, provides Clearlake with ample dry powder to execute its investment strategy, focusing on complex carve-outs, corporate divestitures, and growth equity investments.
Investor Profile
Clearlake Capital Group has backed more than 65 startups, with 1 new investments in the last 12 months alone. The firm has led 26 rounds, about 40% of its total and boasts 41 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Private Equity, Series Unknown, Series B rounds (top funding stages).
- Majority of deals are located in United States, United Kingdom, Australia.
- Strong thematic focus on Software, Information Technology, SaaS.
- Typical check size: $200M – $2000M.
Stage Focus
- Private Equity (48%)
- Series Unknown (40%)
- Series B (3%)
- Corporate Round (2%)
- Non Equity Assistance (2%)
- Post Ipo Equity (2%)
- Secondary Market (2%)
- Series A (2%)
- Debt Financing (2%)
Country Focus
- United States (95%)
- United Kingdom (2%)
- Australia (2%)
- Italy (2%)
Industry Focus
- Software
- Information Technology
- Saas
- Health Care
- Security
- Manufacturing
- Oil And Gas
- Automotive
- Energy
- Messaging
Frequently Asked Questions
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