Clearlake Capital Acquires Confluence from TA Associates

Mariner Wealth Advisors Acquires Confluence Financial Planning

January 2, 2024

Wealth Management

Mariner Wealth Advisors acquired Confluence Financial Planning on Dec. 31, adding a Sacramento office and roughly $360 million in client assets to Mariner's platform. Confluence, founded in 1983, retained its six associates and will operate under the Mariner Wealth Advisors name as the firm's first Sacramento location.

Confluence Acquires Compliance Solutions Strategies (CSS)

November 9, 2021

Cloud & SaaS

Confluence Technologies, backed by Clearlake Capital and TA Associates, has agreed to acquire Compliance Solutions Strategies (CSS), a New York–based RegTech company that provides cloud-based compliance and regulatory reporting solutions. The deal, expected to close in Q4 2021, expands Confluence’s regulatory compliance capabilities and creates a combined cloud-based RegTech platform serving asset managers, hedge funds and other financial services firms.

Clearlake Capital and TA Associates Acquire Kofax from Thoma Bravo

April 26, 2022

Software

Clearlake Capital Group and TA Associates have completed their acquisition of Kofax from Thoma Bravo. Kofax, an Irvine-based provider of intelligent automation software, will partner with Clearlake and TA to accelerate cloud, AI/ML and robotic process automation investments and pursue growth through product development and M&A; financial terms were not disclosed.

Clearlake Capital Completes Acquisition of Quest Software from Francisco Partners

February 2, 2022

Cybersecurity

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.

TA Associates Makes Strategic Growth Investment in Ivanti; Clearlake Remains Investor

August 13, 2020

Software

TA Associates has signed a definitive agreement to make a strategic growth investment in Ivanti, joining existing investor Clearlake Capital. The funding will support Ivanti's product innovation, accelerate global and organic growth, and provide capital for continued acquisition activity; management will remain led by CEO Jim Schaper.

Tetra Tech Acquires Convergence Controls & Engineering

May 9, 2024

Engineering Services

Tetra Tech, Inc. has acquired Convergence Controls & Engineering, a Littleton, Colorado-based systems integration and controls engineering firm, to advance its digital water and energy practices. The deal adds Convergence’s expertise in process automation, data analytics, cloud integration, and cybersecurity to Tetra Tech’s engineering and digital solutions capabilities; terms were not disclosed.