Clearlake, TA Weigh $3.3 Billion Private Debt Deal for Precisely

Clearlake Capital Group and TA Associates are in talks with private credit firms over a potential $3.3 billion debt refinancing for their portfolio company Precisely Software Inc., according to a person with knowledge of the matter.

• Conversations are at a preliminary stage and may not lead to a deal, said the person, who asked not to be identified because the information is private
• 9fin first reported about the refinancing talks
• Clearlake and TA Associates acquired the data-integrity software provider in 2021 and have since made several debt-funded acquisitions

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Ellen Schneider in New ...