Clearlake Capital Acquires MV Credit from Natixis Investment Managers

Clearlake Capital Acquires Majority Stake in WhiteStar Asset Management

June 24, 2020

Financial Services

Clearlake Capital Group has acquired a majority stake in WhiteStar Asset Management from Pine Brook Capital Partners, partnering with WhiteStar's management team led by CEO Gibran Mahmud. The deal expands Clearlake's credit platform—bringing combined assets under management to approximately $24 billion—and positions WhiteStar to accelerate growth in CLOs and credit strategies.

Clearlake Capital Group to Acquire Pathway Capital Management

November 12, 2025

Financial Services

Clearlake Capital Group has entered into a definitive agreement to acquire Pathway Capital Management, a global provider of private market solutions for institutional and wealth clients. The deal is expected to close in the first quarter of 2026, pending regulatory approvals, and is designed to expand Clearlake’s private markets platform and capabilities in areas like private credit, secondaries, and co-investments.

WhiteStar (Clearlake) Acquires Carlson Capital's Cathedral Lake CLOs

April 1, 2022

Financial Services

WhiteStar Asset Management, the CLO and structured products arm of Clearlake Capital, has acquired the management rights to five reinvesting Cathedral Lake CLOs from Carlson CLO Advisers, a subsidiary of Carlson Capital. The acquisition—effective March 31, 2022—adds more than $2.0 billion of CLO assets and brings WhiteStar's CLO AUM to roughly $12 billion, strengthening its credit and CLO platform.

Clearlake Capital and Motive Partners Acquire BETA+ Assets from London Stock Exchange Group

July 1, 2022

Financial Services

Clearlake Capital and Motive Partners agreed to acquire the BETA+ assets (BETA, Maxit, and Digital Investor) from London Stock Exchange Group and have completed the transaction, launching the combined business as BetaNXT. The Sponsors will operate BetaNXT as a standalone wealth management technology platform and pursue a buy-and-build strategy supported by a long-term strategic partnership with LSEG for data and content.

Clearlake Capital Acquires BBB Industries from Genstar Capital

July 28, 2022

Manufacturing

Clearlake Capital Group has acquired a majority stake in BBB Industries, a sustainable manufacturer of automotive, industrial and renewable energy parts, with Genstar Capital retaining a minority investment and BBB management staying on. The transaction positions Clearlake to expand BBB's platform and capabilities — including its TerrePower division focused on upcycling EV batteries and renewable energy — to drive further growth across automotive and broader industrial and energy end markets.

Motive Partners & Clearlake Acquire Majority Stake in InvestCloud

February 2, 2021

Cloud & SaaS

Funds advised by Motive Partners and Clearlake Capital acquired an 80% stake in InvestCloud and combined it with Motive portfolio companies Finantix and Tegra118 to create a global, next-generation SaaS wealth solutions platform. Co-investors in the transaction included Accenture, Citi Ventures and Fiserv; the combined InvestCloud Group will target global wealth managers, private banks and asset managers with an integrated cloud-native offering.