Clearlake Capital Group, an investment firm, operating integrated businesses across private equity, credit, and other related strategies, completed the acquisition of Intertape Polymer Group, a packaging products and systems company which supplies retailers and manufacturers, for $2.6bn. "We believe this transaction is a great next step in the evolution of our business as Clearlake has strong industry knowledge in the protective packaging and e-commerce ecosystems. Clearlake provides us the operational and financial resources to accelerate our acquisition strategy, as well as organic growth opportunities such as investing in product innovation, sustainability, and market expansion," Greg Yull, IPG President and CEO.