Qualus Acquired by Clearlake | Energy M&A Deal

Clearlake has completed the acquisition of Qualus, a energy services other business in New York. Clearlake acquires Qualus to expand its energy M&A footprint in power and electric services grid operations, supporting utilities and grid modernization needs. Qualus provides services tied to the power and electric services grid, making it a relevant private equity acquisition for NY acquisitions. The buyout acquisition was completed as a private equity acquisition by Clearlake, with the seller reported as New Mountain Capital, and the deal size remained undisclosed.