Clearlake Capital Group’s Post

If you’re heading to IPEM Paris, don’t miss the panel on September 11 at 15:00. Clearlake’s Fred Ebrahemi will join fellow panelists Sarah Farrell, Allstate, and Charles Foucard, Edmond de Rothschild, and moderator William Barrett, Reach Capital, to look at the short term structural shifts and long-term regulatory changes impacting the industry today. And don’t forget to connect with other members of the Clearlake team who’ll also be at IPEM – Patrick Gilligan, Marcelia Freeman, Ayman Ahmed and Raisa Johnston, CFA. Si vous vous dirigez vers IPEM Paris, ne manquez pas le panel, Réformer le private equity pour le faire passer au niveau supérieur, le 11 septembre à 15:00. Fred Ebrahemi de Clearlake rejoindra les autres panélistes Sarah Farrell d'Allstate et Charles Foucard d'Edmond de Rothschild Private Equity, ainsi que le modérateur William Barrett de Reach Capital, pour discuter des évolutions structurelles à court terme et des changements réglementaires à long terme qui impactent actuellement le secteur. Et ne manquez l’occasion de rencontrer d'autres membres de l'équipe Clearlake qui seront également présents à IPEM – Patrick Gilligan, Marcelia Freeman, Ayman Ahmed and Raisa Johnston, CFA. #PrivateEquity #Investment #Acquisition #InvestorRelations #Networking #Global #IPEMParis2024 https://lnkd.in/dhJ9ixXS

Pretium Packaging, L.L.C. a full-service designer and producer of sustainable packaging solutions for specialized applications, today announced that James Rooney will join Pretium as Chief Executive Officer and a member of the Board of Directors. Clearlake Capital Group, L.P. acquired Pretium in January 2020. Mr. Rooney’s industry knowledge and experience complement Pretium’s mission to drive strategic growth and operational excellence. He brings more than 30 years of leadership experience in the packaging industry, with a proven track record of strategic growth, manufacturing excellence, and customer-centric focus. Prior to joining Pretium, he served as the CEO of DazPak Flexible Packaging, where he led the integration of six businesses, streamlined operations, and built a high performing commercial organization. Prior to this role, Mr. Rooney led ALPLA Group Corporation’s North American business and held various leadership roles at O-I Illinois and Amcor. “We are thrilled to welcome James to the Pretium executive team. He brings decades of packaging experience as well as a vision that complements Pretium’s service- and sustainability-oriented strategy, and his operating experience aligns well with Clearlake’s O.P.S.® approach,” said José E. Feliciano, Co-Founder and Managing Partner, and Arta Tabaee, Partner and Managing Director, at Clearlake. “Pretium is positioned to accelerate its growth and enhance its foundation of operational excellence under James, and we look forward to a successful partnership.” #PrivateEquity #Investment #Acquisition #Leadership #SustainablePackaging #Growth #PackagingIdeasIntoYourSolutions https://lnkd.in/gXrHzb4b

SoLa Impact is hosting In My Dream Backyard, a day devoted to discussing ways to spur private capital investment to solve Los Angeles’ critical need for affordable housing units. Clearlake’s José E. Feliciano will be a keynote speaker at the September 18 event and will be joined by fellow keynotes Los Angeles Mayor Karen Bass and CalSTRS Investment Director of Real Estate Julie Donegan (she/her). #PrivateEquity #Investment #Acquisition #Leadership #CommunityImpact #LA #AffordableHousing #DoingWellByDoingGood To learn more about In My Dream Backyard and to purchase tickets, please visit: bit.ly/3M8Cqys

BBB Industries, LLC, a leading sustainable manufacturer serving the automotive, industrial, energy storage, and solar markets, backed by Clearlake Capital Group, L.P., announced today it has completed its acquisition of All Star Auto Parts. All Star is a growth-oriented provider of alternative automotive replacement parts including both remanufactured OEM and aftermarket lights and wheels. All Star primarily focuses on the U.S. collision repair channel, which it serves through its nationwide distribution network. "All Star will strengthen our electronics offering and will allow us to provide additional product and service options to our customers. We are thrilled to welcome the All Star team to BBB," said Duncan Gillis, BBB’s CEO. "Our goal is to continue to spread the power of sustainable manufacturing at scale to deliver even greater value to the markets we serve, and we are excited about the opportunities that lie ahead.” https://lnkd.in/dG9ZyyHw #PrivateEquity #Investment #Acquisition #Growth #SustainableManufacturer #Automotive #CollisionRepair #AllStar #BBB

PrimeSource Building Products, a North American provider of specialty branded residential building products backed by Clearlake Capital Group, L.P., announced today that it has acquired Cobra Anchors a provider of branded hollow-wall, universal, and masonry anchors. The transaction is PrimeSource Brands’ fifth acquisition since partnering with Clearlake in December 2020. Based in Montreal, Quebec, Canada, Cobra offers a portfolio of over 1,000 SKUs focused on hollow-wall, universal and masonry anchors. The combination with Cobra enhances the PrimeSource Brands portfolio of branded products and expands the Company's reach into the home center, lumberyard and specialty retail channels. "In partnership with the PrimeSource Brands team, we continue to deploy our O.P.S.® playbook to capitalize on the Company's footprint and logistics network and channel reach by expanding the branded product portfolio across residential building product applications,” said José E. Feliciano, Co-Founder and Managing Partner, and Colin Leonard, Partner, of Clearlake. “We look forward to continuing our exciting growth trajectory with both organic and acquisition initiatives going forward." #PrivateEquity #Investment #Acquisition #Growth #BuildingMaterials #PrimeSourceBuildingProducts #CobraAnchors https://lnkd.in/gtG8biNM

DigiCert a leading global provider of digital trust backed by Clearlake Capital Group, L.P., Crosspoint Capital Partners L.P., and TA Associates Management L.P., today announced that it has entered into a definitive agreement to acquire Vercara from Golden Gate Capital and GIC Vercara is a leading provider of cloud-based services that secure the online experience, including managed Authoritative Domain Name System (DNS) and Distributed Denial-of-Service (DDoS) security offerings that protect organizations’ networks and applications. The acquisition will expand DigiCert’s capabilities to protect organizations of all sizes from the growing number of cyberattacks organizations experience each day. “This strategic acquisition represents an important milestone in our growth vision for DigiCert,” said Prashant Mehrotra, Partner at Clearlake. “Vercara further strengthens the technology DigiCert provides its customers to protect against an increasingly sophisticated cybersecurity threat environment, and we believe this additional product offering will accelerate DigiCert’s leadership position in digital trust.” #PrivateEquity #Investment #Acquisition #Growth #DigitalTrust #CyberSecurity https://lnkd.in/grZTyK5T

Clearlake welcomed Vincent V. of Pepperdine University this summer, as part of the 2024 cohort of Jeff Ubben Posse Fellows. Clearlake Co-Founder and Managing Partner José E. Feliciano served as a mentor to Vincent during his fellowship, and we wish Vincent the best as he continues his studies and pursues a career in finance. The Clearlake Impact Initiative is a proud supporter of The Posse Foundation, with Clearlake Partner and Managing Director Arta Tabaee serving on its national board of directors. Since its inception, The Posse Foundation has identified, recruited and trained more than 13,000 public high school students with extraordinary leadership and academic potential, which has led to more than $2.24 billion in scholarships from Posse’s partner colleges. Each year, five outstanding sophomore Posse scholars are selected for prestigious internships hosted by some of the nation’s foremost leaders in their fields. #PrivateEquity #Investment #Acquisition #Leadership #Education #ScholarsInAction #Posse https://bit.ly/46GoOEg

If the Olympics have you longing for the City of Light, come join the Clearlake team next month at IPEM Paris, September 9-11, 2024. Clearlake’s Fred Ebrahemi, Patrick Gilligan, Marcelia Freeman, Ayman Ahmed and Raisa Johnston, CFA will be attending the global gathering, so please let us know if you’ll also be in Paris. À bientôt – see you soon! #PrivateEquity #Investment #Acquisition #IPEM #InvestorRelations #Networking #Global https://lnkd.in/dhJ9ixXS

Clearlake’s Marcelia Freeman was recently named to the Board of Directors of the National Association of Investment Companies (NAIC), the largest network of diverse- and women-owned alternative investment firms. Marcelia has long been an advocate for managers with diverse backgrounds and serves as an advisor to several start-ups led by underrepresented founders, making her a strong addition to the NAIC Board. Congratulations Marcelia! #PrivateEquity #Investment #Acquisition #DiverseLeadership #AlternativeInvesting #BOD #WomenInFinance #NAIC