17 Nov, 2025

Clearlake exits Concert Golf Partners; TPG and La Caisse acquire Pike Corp.

Deal Wrap is updated as of 3 p.m. ET.

– Clearlake Capital Group LP exited its investment in private golf and country club owner-operator Concert Golf Partners LLC to Bain Capital LP. Moelis & Co. LLC was financial adviser and Wachtell Lipton Rosen & Katz was legal adviser to Concert Golf and Clearlake. Goldman Sachs & Co. and Rothschild & Co. were financial advisers and Kirkland & Ellis LLP was legal adviser to Bain Capital.

– BDC Capital Inc.-backed biometric authentication solutions business BioConnect Inc. was acquired by Gentex Corp.

– TPG Inc. and Caisse de dépôt et placement du Québec are set to acquire a majority stake in infrastructure solutions company Pike Corp. Moelis & Company LLC was financial adviser and Simpson Thacher & Bartlett LLP was legal adviser to TPG. A&O Shearman was legal adviser to La Caisse. Morgan Stanley & Co. LLC was financial adviser and Kirkland & Ellis LLP was legal adviser to Pike.

– Lone Star Americas Acquisitions Inc. acquired a multi-asset real estate portfolio of UK industrial, retail and office properties from St. James's Place PLC.

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