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Clearlake Capital Backs Diligent

Santa Monica-based private equity investor Clearlake Capital Group, L.P. has made an investment in New York-based Diligent, a developer of enterprise governance management software. Size of the investment was not announced. According to the companies, Clearlake Capital Group made a strategic minority investment in Diligent, which is owned by another private equity investment firm, Insight Venture Partners. Insight Ventures acquired Diligent in February of 2016. More information »