Clearlake Capital / Insight $2 billion Alteryx acquisition financing
We advised the administrative agent, joint lead arrangers and lenders on the financing
Davis Polk advised the administrative agent, joint lead arrangers and lenders in connection with $2 billion of senior secured credit facilities, which included a $550 million term loan facility, a $1.25 billion delayed draw term loan facility and a $200 million revolving facility, provided to an affiliate of Clearlake Capital Group, L.P. and Insight Venture Management, LLC to finance the cash consideration for the acquisition of Alteryx, Inc.
Alteryx, a Delaware corporation, is a leader in analytics automation. Specifically, the Alteryx Analytics Automation Platform delivers easy, end-to-end automation of data engineering, analytics, reporting, machine learning and data science processes. Alteryx has more than 8,000 customers globally.
Clearlake Capital Group is a leading investment firm operating integrated businesses across private equity, credit and other related strategies. The firm’s core target sectors are technology, industrials and consumer. Clearlake currently has approximately $70 billion of assets under management and its senior investment principals have led or co-led over 400 investments.
Insight Venture Management is a leading global private equity and venture capital firm.
The Davis Polk finance team included partner Sanders Witkow and associates Kendra L. Sandidge and Jonathan Morford. Partner Frank J. Azzopardi and associate Alexis N. Wallace provided intellectual property advice. All members of the Davis Polk team are based in the New York office.