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Clearlake Capital Group

North America, California, United States, Santa Monica

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
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Clearlake Capital Group frequently co-invest with?

Accenture
Europe, Dublin, Ireland, Dublin
Co-Investments: 1
Motive Partners
North America, New York, United States, New York
Co-Investments: 1
Charlesbank Capital Partners
North America, Massachusetts, United States, Boston
Co-Investments: 3
Citi Ventures
North America, California, United States, San Francisco
Co-Investments: 1
HarbourVest Partners
North America, Massachusetts, United States, Boston
Co-Investments: 2
Insight Partners
North America, New York, United States, New York
Co-Investments: 2
Fiserv
North America, Wisconsin, United States, Brookfield
Co-Investments: 1
Health Velocity Capital
North America, California, United States, San Francisco
Co-Investments: 1
Ares Management
North America, Illinois, United States, Chicago
Co-Investments: 1
TA Associates
North America, Massachusetts, United States, Boston
Co-Investments: 2

Which angels does Clearlake Capital Group often collaborate with?

JM
North America, California, United States, Los Angeles
Shared Deals: 1

What are some of recent deals done by Clearlake Capital Group?

Dedalus Group

Firenze, Toscana, Italy

Dedalus Group is a Italian healthcare IT systems company.

Health CareInformation TechnologySoftware
Debt FinancingJun 12, 2025
Amount Raised: $406,319,546
Aptean

Indianapolis, Indiana, United States

Aptean provides enterprise software solutions to the process manufacturing, distribution, and financial services industries.

Developer PlatformEnterprise Resource Planning (ERP)Enterprise SoftwareSoftware
Private EquityJul 1, 2024
Learfield

Plano, Texas, United States

Learfield empowers businesses and universities by connecting big brands to the excitement, passion, tradition and fun of college sports.

Brand MarketingHigher EducationMarketingSponsorshipSportsTicketing
Private EquitySep 13, 2023
Amount Raised: $150,000,000
NewSwing Academies Global

Los Angeles, California, United States

Golf, Business Development, Entertainment, Social Media, Grant Writing, Venture Diversifcation

Business DevelopmentGolfMedia and EntertainmentSportsTravel
Non Equity AssistanceAug 4, 2023
Amount Raised: $14,330,000
Novata

New York, New York, United States

Novata is an ESG platform built for private markets.

Big DataFinancial ServicesInformation ServicesInformation TechnologySoftware
Series BFeb 28, 2023
Amount Raised: $30,000,000
ShiftKey

Dallas, Texas, United States

ShiftKey is a scheduling and credential management platform for the healthcare industry.

Health CareMedicalSchedulingSoftware
Private EquityJan 11, 2023
Amount Raised: $300,000,000
Fanatics

Jacksonville, Florida, United States

Fanatics is a sports merchandise retailer that manufactures fan gear and jerseys across retail channels.

eSportsManufacturingRetailSporting GoodsSports
Private EquityDec 6, 2022
Amount Raised: $700,000,000
Crash Champions

Westmont, Illinois, United States

Crash Champions is a provider of automotive collision repair services.

AutomotiveService Industry
Private EquityJul 14, 2022
Concert Golf Partners

Lake Mary, Florida, United States

Concert Golf Partners is a boutique owner-operator of upscale private golf and country clubs.

GolfHospitalityImpact Investing
Private EquityApr 21, 2022
SamaCare

San Francisco, California, United States

SamaCare automates the prior authorization process to improve patients' access to therapy.

AnalyticsBusiness Process Automation (BPA)Medical
Series AFeb 1, 2022
Amount Raised: $12,000,000