Announced
Synopsis
Clearlake Capital Group, a private equity firm, agreed to acquire MV Credit, a European credit specialist, from Natixis Investment Managers, a global asset management company. Financial terms were not disclosed. "Credit has been in Clearlake's DNA since our inception and is core to our firm strategy. MV Credit's exceptional track record and deep expertise in private credit align perfectly with our existing credit business and strengthen our continuing presence in Europe. Clearlake has deployed over $40 billion in debt and preferred equity investments since 2006, and with MV Credit's expertise we will broaden our global direct lending capabilities to better serve sponsors and other clients while expanding product offerings for our investors," José E. Feliciano, Clearlake Capital Group Co-Founder and Managing Partner.
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