Announced
Completed
Financials
Tags
Domestic
Single Bidder
Friendly
Majority
Private Equity
United States
it services
Digital Services
Merger
Public
Acquisition
Privatisation
Completed
Synopsis
Clearlake Capital Group, a private investment firm, completed the acquisition of Endurance International Group, a provider of cloud-based platform solutions designed to help small and medium-sized businesses succeed online, from Warburg Pincus and Goldman Sachs for $3bn. “The Endurance family of brands has built a leading position in the large and growing cloud hosting, domain, and digital marketing software space. We look forward to partnering with this talented team and supporting its long-term strategic plan to drive growth through its focus on customer value. We are excited to leverage Clearlake’s O.P.S. framework to help the Company fuel growth both organically and through acquisitions,” Behdad Eghbali, Clearlake Co-Founder and Managing Partner, and James Pade, Clearlake Partner.
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