Clearlake Capital completed the investment in Francisco Partners-backed BeyondTrust.

Clearlake Capital, a private investment firm, completed the investment in Francisco Partners-backed BeyondTrust, a worldwide provider of privileged access management software solutions. Financial terms were not disclosed. “With Francisco Partners’ financial support and resources, we not only scaled our global offerings through organic development and meaningful acquisitions, but also expanded and enhanced our cloud product portfolio. The additional investment from Clearlake both reflects the success that BeyondTrust has been able to achieve over the years and validates our mission to revolutionize Privileged Access Management. Going forward, Clearlake’s extensive experience investing in market-leading software companies, particularly in the cybersecurity segment, will help further support our growth and acquisition strategy," Matt Dircks, BeyondTrust CEO.