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Clearlake Capital Group, L.P.

Clearlake-backed Quest Software acquires Anetac

June 17, 2026 primary Manager profile

Summary: Clearlake's own site reports that Clearlake-backed Quest Software acquired Anetac, a provider of AI-powered identity security for human, non-human, and agentic identities. The announcement frames the transaction as an expansion of Quest's identity-security capabilities; deal economics and fund exposure are not disclosed in the source.

Why it matters: The update may matter to due-diligence readers as a portfolio-company acquisition signal in enterprise software, cybersecurity, and identity governance, while it should not be read as evidence of Clearlake fund performance or Quest operating results.

9AT filing context: Public ADV/profile context maps Clearlake Capital Group, L.P. to California, clearlake.com, about $83.6B in reported regulatory AUM/profile scale, 250 employees, 97 advisory employees, 147 reported private funds, and a 2026-03-31 ADV submission date. Omit 13F because the item is a private portfolio-company acquisition and 13F does not validate the event.

Summary

Clearlake’s own site reports that Clearlake-backed Quest Software acquired Anetac. The announcement describes Anetac as a provider of AI-powered identity security for human, non-human, and agentic identities, and says the acquisition extends Quest’s identity-security platform.

This is a source-clean portfolio-company acquisition item. It should be framed as a public operating and product-capability signal at a Clearlake-backed software company, not as proof of Clearlake fund exposure, deal economics, security-product performance, or investment outcome.

Why it matters

For due-diligence readers, the useful signal is how a sponsor-backed enterprise-software company is adding capabilities around identity access, privilege behavior, and non-human identity risk. Portfolio-company acquisitions can help readers track operational priorities, platform expansion, integration risk, and cyber-security exposure within a manager’s private-equity portfolio.

The signal is bounded. The Clearlake/Quest announcement supports the acquisition, the parties, and the stated identity-security rationale, but it does not disclose purchase price, ownership percentages, fund vehicle, customer adoption, technology performance, or any investment-return conclusion.

Source notes

9AT filing context

Public ADV/profile context reviewed for this cycle maps Clearlake to Clearlake Capital Group, L.P. in California, tied to clearlake.com, with approximately $83.6 billion in reported regulatory AUM/profile scale, 250 employees, 97 advisory employees, 147 reported private funds, and a 2026-03-31 ADV submission date.

That context is useful only for adviser identity and broad private-funds platform background. Clearlake’s delayed public 13F footprint is not a useful hook for this item and should not be used to imply holdings, private-fund exposure, acquisition motive, Quest operating performance, or deal outcome.

What to watch

Watch for follow-up Quest, Anetac, or Clearlake disclosures that clarify integration plans, product roadmap, leadership changes, customer/channel impact, or additional cybersecurity acquisitions. Also watch ordinary public ADV updates for Clearlake profile changes while keeping filing context separate from portfolio-company operating claims.

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