Clearlake Capital completed the acquisition of IXS from Olympus Partners.

Clearlake Capital, a private investment firm, completed the acquisition of Innovative XCessories & Services, which designs, manufactures, and markets automobile parts and accessories, from Olympus Partners, a private equity firm. Financial terms were not disclosed. "IXS is the clear market leader in spray-on bedliners for both automotive OEMs and the aftermarket, and its proprietary protective coating solutions enable it to provide differentiated services while expanding its market opportunity. The Company's focus on service, quality, and innovation has solidified IXS as the supplier of choice for its customers, and we are excited to partner with Jim and his team to support the Company's plans for accelerated growth," José E. Feliciano, Clearlake Co-Founder and Managing Partner.