Clearlake Capital Group, L.P.’s Acquisition of Dude Solutions


Shea & Co. served as financial advisor to Clearlake. William Blair & Company served as financial advisor to Dude Solutions and Warburg Pincus. Sidley represented Clearlake Capital Group, L.P. on the legal aspects of the deal

Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) today announced that it has signed a definitive agreement to acquire Dude Solutions (“Dude Solutions” or the “Company”), the leading software-as-a-service (“SaaS”) provider of operations management solutions, from Warburg Pincus. The Company will continue to be led by the Chief Executive Officer, Ed Roshitsh and the current management team, who are investing alongside Clearlake in the transaction. Financial terms were not disclosed.

Dude Solutions is a market leading provider of cloud-based operations management software that automates mission-critical enterprise asset management workflows such as work order, inventory, energy, capital planning, facility scheduling, and community development. Dude Solutions provides an end-to-end SaaS solution for its over 12,000 clients in the education, government, healthcare and manufacturing verticals.

Sidley represented Clearlake Capital Group, L.P. with a team including Mehdi Khodadad (Picture) and Josh DuClos (Century City). Lead team members included associates Ryan Hicks, Cat Zhang, Ellen Lebow and David Adrian Azcarraga (Century City).

Involved fees earner: David Adrian Azcarraga – Sidley Austin LLP; Joshua DuClos – Sidley Austin LLP; Ryan Hicks – Sidley Austin LLP; Mehdi Khodadad – Sidley Austin LLP; Ellen Lebow – Sidley Austin LLP; Cat Zhang – Sidley Austin LLP;

Law Firms: Sidley Austin LLP;

Clients: Clearlake Capital Group, L.P.;

Author: Ambrogio Visconti