Latest news with #ClearlakeCapitalGroup
Yahoo
2 days ago
- Business
- Yahoo
Clearlake's Feliciano Sees Slower Private Equity Growth Over Next Decade
Clearlake Capital Group co-founder José Feliciano explains why he expects slower growth in private equity over the next decade and why private credit is "well positioned" for retail investors. He speaks with Dani Burger at Bloomberg's Global Credit Forum in Los Angeles
Bloomberg
06-05-2025
- Business
- Bloomberg
Clearlake Seeks to Triple Assets at Credit Unit to $100 Billion
Clearlake Capital Group is aiming to triple its credit business with the launch of a unit to help the buyout firm grab a bigger slice of the booming asset class. 'In the next five-plus years, I would love to be talking about a $75 to $100 billion platform,' Clearlake co-founder and Managing Partner José E. Feliciano said in an interview. The Santa Monica, California-based firm currently manages about $30 billion in private and liquid credit investments.
Yahoo
02-05-2025
- Business
- Yahoo
Ivanti Announces Successful Refinancing and New Capital Infusion to Support Key Strategic Initiatives
Optimized Capital Structure Bolsters Ability to Invest Across Full Spectrum of IT, Network Security, and Exposure Management to Empower Customers' Business Goals SALT LAKE CITY, May 02, 2025--(BUSINESS WIRE)--Ivanti, an enterprise software company that provides a comprehensive IT and security cloud-based platform, announced today that it has successfully closed a refinancing transaction. This was achieved with the support of an overwhelming majority of its existing lenders. As part of this transaction, Ivanti raised $350 million of new capital and extended the maturity of its existing debt facilities to 2029, bolstering its liquidity position and financial flexibility to support the Company's key strategic initiatives. The transaction was open to all holders of its existing first lien and second lien term loans. "We greatly appreciate the broad-based support from investors across our capital structure to reach this positive outcome, demonstrating their continued confidence in our business," said Dennis Kozak, CEO of Ivanti. "With additional capital and extended debt maturities, we believe that we are well positioned to progress our ongoing transformation, provide customers with improved capabilities and security, and deliver long-term success." Over the past year, Ivanti has made substantial advancements to its products and processes, and the Company's strengthened financial foundation is expected to enhance its ability to invest across its solutions to empower customers' business goals and provide seamless, flexible solutions that are built to address the evolving threat landscape. Ivanti is backed by Clearlake Capital Group, L.P., Charlesbank Capital Partners, LLC, and TA Associates. Kirkland & Ellis LLP and Evercore Group LLC are serving as legal and financial advisors to Ivanti. About Ivanti Ivanti is an enterprise software company that provides a comprehensive IT and security cloud-based platform. Ivanti provides software solutions that scale with our customers' needs to help enable IT and Security to improve operational efficiency while reducing costs and proactively reducing security risk. The Ivanti Neurons platform is cloud-native and is designed as a foundation of unified and reusable services and tools for consistent visibility, scalability and secure solution delivery. Over 34,000 customers, including 85 of the Fortune 100, have chosen Ivanti to meet challenges head-on with its end-to-end solutions. At Ivanti, we strive to create an environment where all perspectives are heard, respected and valued and we are committed to a more sustainable future for our customers, partners, employees and the planet. For more information, visit and follow @GoIvanti. View source version on Contacts press@ Sign in to access your portfolio
Business Wire
02-05-2025
- Business
- Business Wire
Ivanti Announces Successful Refinancing and New Capital Infusion to Support Key Strategic Initiatives
SALT LAKE CITY--(BUSINESS WIRE)--Ivanti, an enterprise software company that provides a comprehensive IT and security cloud-based platform, announced today that it has successfully closed a refinancing transaction. This was achieved with the support of an overwhelming majority of its existing lenders. Ivanti raised $350 million of new capital and extended the maturity of its existing debt facilities to 2029, bolstering its liquidity position and financial flexibility to support the Company's key strategic initiatives Share As part of this transaction, Ivanti raised $350 million of new capital and extended the maturity of its existing debt facilities to 2029, bolstering its liquidity position and financial flexibility to support the Company's key strategic initiatives. The transaction was open to all holders of its existing first lien and second lien term loans. 'We greatly appreciate the broad-based support from investors across our capital structure to reach this positive outcome, demonstrating their continued confidence in our business,' said Dennis Kozak, CEO of Ivanti. 'With additional capital and extended debt maturities, we believe that we are well positioned to progress our ongoing transformation, provide customers with improved capabilities and security, and deliver long-term success.' Over the past year, Ivanti has made substantial advancements to its products and processes, and the Company's strengthened financial foundation is expected to enhance its ability to invest across its solutions to empower customers' business goals and provide seamless, flexible solutions that are built to address the evolving threat landscape. Ivanti is backed by Clearlake Capital Group, L.P., Charlesbank Capital Partners, LLC, and TA Associates. Kirkland & Ellis LLP and Evercore Group LLC are serving as legal and financial advisors to Ivanti. About Ivanti Ivanti is an enterprise software company that provides a comprehensive IT and security cloud-based platform. Ivanti provides software solutions that scale with our customers' needs to help enable IT and Security to improve operational efficiency while reducing costs and proactively reducing security risk. The Ivanti Neurons platform is cloud-native and is designed as a foundation of unified and reusable services and tools for consistent visibility, scalability and secure solution delivery. Over 34,000 customers, including 85 of the Fortune 100, have chosen Ivanti to meet challenges head-on with its end-to-end solutions. At Ivanti, we strive to create an environment where all perspectives are heard, respected and valued and we are committed to a more sustainable future for our customers, partners, employees and the planet. For more information, visit and follow @GoIvanti.
Los Angeles Times
28-03-2025
- Business
- Los Angeles Times
Los Angeles Private Equity Firm to Acquire Dun & Bradstreet in Transaction Valued at $7.7 Billion
Clearlake Capital Group, a Los Angeles-based private equity firm, announced plans to acquire data and analytics firm Dun & Bradstreet for $4.1 billion in cash. The total value of the transaction is $7.7 billion, including debt assumption. The company was founded 184 years ago and has undergone two stints as a private company. Its most recent initial public offering in 2020 valued the company at about $9 billion, but its value declined by about 60% prior to Clearlake's offer of $9.15 per share, which was a 4.8% premium to its prior close. 'We have been on a strategic journey over the past six years, executing a major transformation that has strengthened our business and financial results,' said Anthony Jabbour, chief executive of Dun & Bradstreet, in a statement. Ares Credit Funds and HSBC also participated in the committed financing for the transaction. The deal is expected to close in the third quarter. Bank of America Securities served as financial advisor to Dun & Bradstreet, and Weil, Gotshal & Manges served as legal counsel. Information for this article was sourced from Clearlake Capital Group.
