All rights reserved. The firms core target sectors are software and technology-enabled services, industrials and energy, and consumers. Behdad Eghbali is the managing partner of Clearlake Capital Group LP, which he cofounded in 2006. Amanda Fields-Schuler Prior to joining Clearlake, Ms. Fields-Schuler was a consultant at Stax Inc. and an Associate Intern, Technology Investment Banking at Bank of America Merrill Lynch. Left-handed batters, hurt by the increasingly popular practice of bunching defenders on one side of the field, are exacting their revenge by signing sweet post-shift contracts. Structurally, given how botched that effort was to create something else, does anyone have any appetite for anything that sounds like that. Pedro Urrutia, Partner, Managing Director, and Chief Financial Officer, joined Clearlake in 2010. James Pade, Partner and Managing Director, joined Clearlake in 2013, and he currently serves on the Board of Directors of several Clearlake portfolio companies, including American Construction Source, Diligent, EagleView, FloWorks, Ivanti Software, and Lytx. For us, it was about looking at the macro. In this article, I will outline some strategies for companies providing DIY products to take advantage of the boom in e-commerce by building an effective online presence. Kristin Celauro We use your sign-up to provide content in the ways you've consented to and improve our understanding of you. +1 845-507-0571 You can still enjoy your subscription until the end of your current billing period. They wrote: "Clearlake is proud to announce that our investments in Chelsea was awarded Deal of the Year in EMEA in the PEI 2022 Awards. With more than 20 years of related experience, Mr. Urrutia is responsible for the management of Clearlakes corporate accounting and operations departments. "This acquisition is a continuation of Precisely's long history generating . More info For more information, contact Santiago Arana and . an important and growing focus for enterprises seeking to ensure trusted data is used properly," said Behdad Eghbali, Founder and Managing Partner, and Prashant Mehrotra, Partner, of Clearlake. Clearlake currently has over $70 billion of assets under management, and its senior investment principals have led or co-led over 400 investments. Necessary cookies are absolutely essential for the website to function properly. For us, Portugal is an interesting market. Baseball all-star game, talent competition, draft generates 2/300 million of revenue on a Monday, or Tuesday. We also may change the frequency you receive our emails from us in order to keep you up to date and give you the best relevant information possible. Spends 10% of the payroll, wins almost as much and is a very stable mid-market, mid-table, very profitable club. Clearlake has a flexible mandate to invest in both private and public transactions across the capital structure in debt or equity securities in the lower and middle market through buyouts, corporate divestitures, recapitalizations and reorganizations. She co-heads Clearlakes business development efforts and focuses primarily on fostering relationships with key deal intermediaries, sourcing new platform investments, and assisting portfolio companies with add-on acquisitions. By clearlakeAdm20 I think three different reasons for it. Change the plan you will roll onto at any time during your trial by visiting the Settings & Account section. But opting out of some of these cookies may affect your browsing experience. Streamline your next board meeting by collating and collaborating on agendas, documents, and minutes securely in one place. Scroll to Continue Read More Obvious Blitzen, Ian and others have done other clubs without the beachhead first but for us we wanted to start with Chelsea and I'm sure you'll ask us about multi club and how you piece all of this together, hopefully, there's at least a theory and a business plan to do so. More information is available at www.clearlakedev.wpengine.com. Blicksilver PR analyse how our Sites are used. Luc Longley didn't have a special during COVID, it's just the way it is. I think a couple of teams in Spain do and they're vocal about it and everyone else doesn't want to go there. The deal, led by U.S billionaire Todd Boehly and the private . Prior to Clearlake, Mr. Kottman was an investment professional at Trilantic Capital Partners, and prior to that, he served as an Investment Banking Analyst at Citi. Bachelor of Engineering, Princeton University; Master of Business Administration, Stanford University. We look at some of the US sports leagues and teams and NFL, NBA, NFL is profitable but there are revenue multiples at 5,6,7, 8, 10. +1 732-433-5200 Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. Donald Trumps real net worth? The American billionaire and his co-controlling owner Behdad Eghbali are determined for the club to have one of the greatest stadiums on the planet by 2030. [3] It discovered this technique during the COVID-19 pandemic when it sold shares of software company Ivanti to TA Associates in August 2020 at a valuation of $2 billion that generated a large windfall gain. Photo Illustration by Cora Veltman, Paul Spinelli via AP. This means that we may include adverts from us and third parties based on our knowledge of you. The firm specializes in three sectors that don't always go together in the world of private . Anonymous Visitors Are On The Rise: Is Your E-Commerce Business Ready? Donald Trumps real net worth? cookies There are teams in small cities in Europe that sell 40-50,000 seats. One interesting data point, is cumulative market cap, use the Forbes value of NFL teams probably 150-155 billion, the Premier League, La Liga, France, Italy I think you're probably 30 billion, fanbases of maybe 3-4 billion globally compared to 200 million and that's being generous to the NFL. The approach to mobile is 1999 in terms of most of the clubs out there, again Fenway does it well, is nicely profitable. There's a talent arbitrage opportunity that exists. How the biggest companies plan mass lay-offs, The benefits of revealing neurodiversity in the workplace, Tim Peake: I do not see us having a problem getting to Mars, Michelle Yeoh: Finally we are being seen, Our ski trip made me question my life choices, Apocalypse then: lessons from history in tackling climate shocks, Smart data to help spot risk and opportunity, Lex, our agenda-setting business commentary (Premium only), Due Diligence, an exclusive M&A newsletter (Premium only). Could you see a EPL vs Serie A all-star game, could you see a pre-season match that we do that puts more premium content on the pitch? He has six scouts, no data and using some of the data points we know of the good sports teams of any league here there are 20-30 data analysts and wie use of data. Hes nowhere near as rich as he boasts, nor as poor as his critics claim. offers FT membership to read for free. Can you pick up on the idea of Disney or a platform or a beachhead and what you're trying to achieve there? FC Barcelona president Joan Laporta and Real Madrid counterpart Florentino Perez took advantage of their teams' Copa del Rey semi-final first leg meeting on Thursday to meet and discuss a strategy for the launch the European Super League (ESL), according to reports. Behdad Eghbali General Information. Today Clearlake is one of. Two, if done right, if you use data, if you're thoughtful about this global market for talent and access of talent that is not effectively done through a draft or an extensive college or baseball farm system which I would attribute as a multi club model. Venture capitalists usually have an exit strategy, how does that mesh with ownership? For cost savings, you can change your plan at any time online in the Settings & Account section. Based in Santa Monica, California, Clearlake's team consists of 59 professionals, including 24 investment professionals, all of which are located in Clearlake's sole office. By staff-author. "We thank everyone for their ongoing support, and congratulate our team members . Something went wrong, please try again later. Media Contacts: Blicksilver Public Relations Kristin Celauro 732-433-5200 kristin@blicksilverpr.com Jennifer Hurson 845-507-0571 The private equity firm is based in Santa Monica, California. Jos E. Feliciano and Behdad Eghbali, Co-Founders and Managing Partners of Clearlake, commented, "We are thrilled to recognize the dedication of our team members who have not only contributed to the success of our portfolio companies but also made key contributions to the firm's culture and values. He is responsible for Clearlake internal IT systems and also assists Clearlake portfolio companies in the implementation ofO.P.S.initiatives in the IT infrastructure and architecture areas, including cybersecurity, DevOps, business applications, and cloud operations. Check if your More information is available atwww.clearlakedev.wpengine.com. We hired a coach from Brighton and we think they're one of the best-run teams in the Premier League. Clearlake was established in 2006 and is currently managed by Jos E. Feliciano and Behdad Eghbali (the "Co-Founders"). Feliciano worked in investment banking at Goldman Sachs and was the chief financial officer of govWorks before it declared bankruptcy in 2000. Martin Arzac, Managing Director Prior to joining Clearlake, Mr. Arzac was a Managing Director at Deutsche Bank, and prior to that, he was a Director at UBS Investment Bank and an Analyst at DLJ. Private Equity Round - Dodge Data & Analytics, Private Equity Round - EagleView Technologies, United States Private Equity Stage Companies With More Than 10 Employees, Investors Active in San Francisco Bay Area (Top 10K), California Investors with Funds Raised in 2022, Western US Business Development Companies, Financial Services Private Equity Stage Companies With More Than $1M in Revenue, Venture Capital Companies With More Than 50 Employees, Business Development Companies With Less Than $500M in Revenue (Top 10K), Total number of current Advisors and Board roles the person has, Number of Organizations that the person founded, The organization associated to the person's primary job, Where the person is located (e.g. You also have the option to opt-out of these cookies. While rediscovering the joy of riding mountain bikes. More information is available at www.clearlake.com and on Twitter @Clearlake. We congratulate this group on achieving another milestone in their careers and for playing a key role in Clearlakes goal of generating market leading returns for our clients while making a positive contribution to society, continued Messrs. Feliciano and Eghbali. Chelsea owner Todd Boehly completed a 4.25bn takeover in May (Image: (Photo by Ivan Yordanov/MI News/NurPhoto via Getty Images)) Clearlake Capital's 4.25bn investment to purchase Chelsea football club has been named Deal of the Year in the Private Equity International 2022 Awards.

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