Clearlake Capital To Acquire Dude Solutions from Warburg Pincus

May 10, 2019

Willkie represented Warburg in the transaction.

Clearlake Capital Group, L.P. announced that it will acquire Dude Solutions, a 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. 

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.

Warburg Pincus LLC is a leading global private equity firm with more than $58 billion in private equity assets under management.

Clearlake Capital Group is a leading private investment firm with a sector-focused approach on software and technology-enabled services; industrials and energy; and consumer services. Clearlake has managed over $8.5 billion of institutional capital since inception and its senior investment principals have led or co-led over 100 investments.

The Willkie team was led by partners Mark Cognetti and Manuel Miranda and included partner Jordan Messinger and associates Jeffrey Daniel and Isabel Araujo.