Clearlake Capital Group (Clearlake), a PE firm focused on the industrial, technology, and consumer sectors with over $70bn of AUM, sold its remaining shares of Janus International Group (Janus) and fully exited its investment in the business last December.
Janus is a global manufacturer and supplier of turn-key building solutions and access control technologies for the self-storage, commercial, and industrial sectors, serving a global customer base of over 10,000.
Clearlake acquired Janus in February 2018 and remained its largest shareholder when the company listed on the NYSE in June 2021. Under Clearlake’s ownership, Janus executed several initiatives, including the development of new access control technologies and the purchase and integration of seven acquisitions.
In a joint statement, Clearlake’s Co-Founder and Managing Partner José Feliciano, and Partner Colin Leonard, said: “Together with management, we achieved over 140% EBITDA growth and made investments to transition the business to a public company.”