Deals Counterparts

Clearlake Capital Group acquires Qualus Corporation from New Mountain Capital

Acquisition Transmission announced United States May 1, 2026
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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.

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Counterparts (3)

Buyer
Clearlake Capital Group
company · 1 deals
Santa Monica-based global investment firm managing $80B in assets across private equity, liquid and private credit strategies, with a flexible mandate to invest in market dislocations and out-of-favor industries.
Seller
Qualus Corporation
company · 1 deals
Michigan-based power infrastructure engineering and advisory firm specializing in grid modernization, mission-critical power solutions, and digital transformation for utilities, commercial/industrial clients, and government sectors.
New Mountain Capital
company · 1 deals
New York-based investment firm managing $60 billion in assets under management, specializing in direct lending to U.S. upper middle market companies in defensive industries through its business development company New Mountain Finance Corporation.

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Timeline

Announced
May 1, 2026
Signed
Closed

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Source

irei.com
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