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Clearlake Capital Completes Acquisition Of Quest

Feb 02, 2022

Acquiring Company

Clearlake Capital

Acquired Company

Quest

Green BayFinancial ServicesSoftwareLending And InvestmentsFinanceOtherInformation TechnologySoftwareIT Management

Description

Clearlake Capital Group, L.P. (together with its affiliates "Clearlake") today announced that it has completed its previously announced acquisition of Quest Software ("Quest" or the "Company"), a global cybersecurity, data intelligence, and IT operations management software provider, from Francisco Partners. Quest CEO Patrick Nichols will continue to lead the Company supported by the existing executive management team. Terms of the transaction were not disclosed.

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Company Information

Company

Clearlake Capital

About

Clearlake Capital Group, L.P. and Francisco Partners are global private equity firms with a strong track record of investing in growing software platforms. They specialize in working with leading technology companies to carve out divisions and business units that can benefit from greater focus and flexibility as standalone entities, and where their operating teams can bring resources and expertise to help accelerate growth.

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Frequently asked

Who acquired Quest?

Quest was acquired by Clearlake Capital. The deal was reported on February 2, 2022. Clearlake Capital Group, L.P. and Francisco Partners are global private equity firms with a strong track record of investing in growing software platforms. Clearlake Capital is privately held and operates in Financial Services.

When did Clearlake Capital acquire Quest?

Clearlake Capital's acquisition of Quest was reported on February 2, 2022. Clearlake Capital Group, L.P. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Quest do?

Quest creates software solutions that make the benefits of new technology real in an increasingly complex IT landscape. It is privately held, operating in Other, and is based in Green Bay.

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