Clearlake Capital Group acquires Qualus Corporation from New Mountain Capital
Type: Acquisition · Technology: Transmission · Country: United States · Announced: 2026-05-01
Clearlake Capital Group completed the acquisition of Qualus Corporation from New Mountain Capital in an undisclosed transaction. Qualus operates as a pure-play, end-to-end electric power-solutions platform specializing in power infrastructure transformation across the United States and Canada. The company provides advisory, engineering, program management, digital solutions, energy efficiency, and field services to modernize the grid and enhance resiliency amid rising electricity demand from economic electrification. Qualus serves major investor-owned utilities, commercial, industrial, and high-tech clients with integrated solutions spanning the full infrastructure lifecycle. The acquisition positions Clearlake to capitalize on the growing demand for grid modernization and energy transition infrastructure.
Counterparties
- New Mountain Capital (Seller)
- Clearlake Capital Group (Buyer)
- Qualus Corporation (Seller)