Clearlake Capital Completes Acquisition of Quest

Clearlake Capital Group, L.P. has completed its previously announced acquisition of Quest Software from Francisco Partners.

Quest CEO Patrick Nichols will continue to lead the company supported by the existing executive management team. Terms of the transaction were not disclosed.

Quest is a global cybersecurity, data intelligence, and IT operations management software provider.  Founded in 1987, Quest Software has built a reputation over three decades as a critical software solution provider for security-sensitive customers and an innovator in addressing rapidly evolving risks and security threats.

"As the world relies more and more on digital applications, organizations are continuing to look to Quest to manage strategic enterprise IT functions and enable increased cybersecurity and greater productivity," said Nichols. "With Clearlake as our partner, Quest will continue to innovate and evolve our solutions to address the various challenges businesses are facing today, ranging from application migration and cloud deployment to data protection and security resiliency."

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Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. More information is available at