Clearlake Capital to invest $200m in Blackstone-backed Service King.

Clearlake Capital, an investment firm, agreed to invest $200m in Blackstone-backed Service King, an automotive collision repair company. “We see significant opportunities ahead for Service King as the Company continues to deliver on its mission of being the national collision repair operator of choice across several of the country’s fastest growing MSAs. We are excited to partner with Service King and its talented teammates and reinvest in the business to drive growth for the long term,” José E. Feliciano, Clearlake Co-Founder and Managing Partner.