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Latham Advises on Private Credit Financing for Clearlake’s Acquisition of Qualus Corp. From New Mountain Capital
March 25, 2026
Firm represents the private credit financing sources supporting the global alternative investment manager’s acquisition of the pure-play power solutions firm.
Clearlake Capital Group, L.P. (together with certain of its affiliates, Clearlake) has announced it has signed a definitive agreement to acquire Qualus Corporation, a pure-play power solutions firm, from New Mountain Capital. Financial terms of the transaction were not disclosed.
Latham & Watkins LLP represented the private credit financing sources supporting the acquisition with a team led by Stelios Saffos, Global Chair of Latham’s Capital Markets and Hybrid Capital Practices, and partners Jesse Sheff, Jason Bosworth, Peter Sluka, Brandon Anderson, Andrew Blumenthal, and Mohammed Shaheen, with associates Michael Harris, Tulika Sinha, and Adam Weber.