Clearlake Capital Completes Acquisition of Quest Software from Francisco Partners
February 2, 2022
Clearlake Capital Group completed its acquisition of Quest Software from Francisco Partners, making Clearlake the majority shareholder and partnering with Quest’s existing management team to pursue a buy-and-build strategy. The investment aims to accelerate Quest’s cloud/SaaS adoption, expand its identity-centric cybersecurity, data intelligence, and IT operations management offerings, and drive growth organically and through M&A.
- Targets
- Quest Software
- Sellers
- Francisco Partners
- Industry
- Cybersecurity
- Location
- California, United States
- Transaction Type
- Buyout
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