Clearlake Capital Group (Clearlake) has completed its acquisition of Intertape Polymer Group, a global provider of protective packaging solutions.
The acquisition was previously announced on 8 March, 2022, and approved by IPG shareholders on 11 May, 2022. Under the terms of the agreement, Clearlake has acquired the outstanding shares of IPG common stock for CAD40.50 per share in cash. As a result of the transaction, IPG is now a privately held company, and shares of IPG common stock are no longer listed on the public market.
