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Clearlake To Make Strategic Investment In Web.com

Clearlake To Make Strategic Investment In Web.com

01/05/21, 10:04 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgsanta monica
 Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake") announced today it has signed an agreement for a strategic investment in Web.com Group, Inc. ("Web.com" or the "Company"). Affiliates of Siris Capital Group, LLC ("Siris"), which acquired the Company in 2018, will remain significant equityholders in the platform together with Clearlake

Company Info

Company
Web.Com
Location
santa monica, california, united states
Additional Info
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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