Category Private Equity
Clearlake and Insight close to $2bn private credit deal for Alteryx LBO

Clearlake Capital and Insight Partners are close to agreeing a $2bn debt package with a group of private credit lenders including Apollo Global Management and Blackstone to help finance their leveraged buyout of software developer Alteryx

The report cites unnamed sources with knowledge of the matter as revealing that Blue Owl Capital and Sixth Street Partners are also among the lenders involved in talks to participate in a $1.8bn seven-year term loan, priced at around 6.5 percentage points above the Secured Overnight Financing Rate and at a discounted price of 98 cents on the dollar.

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