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Clearlake Capital to Purchase Quest Software program From Francisco Companions

Clearlake Capital to Purchase Quest Software program From Francisco Companions

Clearlake Capital Group LP has struck a deal to purchase Quest Software program Inc. from Francisco Companions within the newest signal of private-equity corporations’ voracious urge for food for software program.

The deal, anticipated to be introduced as quickly as Monday, values Quest at $5.4 billion together with debt, in keeping with folks acquainted with the matter.

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