/PRNewswire/ Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake") today announced that it has completed its strategic equity investment.
RSA Announces Strategic Investment From Clearlake Capital
Additional capital to accelerate growth of leader in cybersecurity and risk management software
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SANTA MONICA, Calif. and BEDFORD, Mass., March 16, 2021 /PRNewswire/ RSA Security LLC ( RSA or the Company ) today announced a significant new equity investment from Clearlake Capital Group, L.P. (together with its affiliates, Clearlake ). RSA is a global provider of mission critical cybersecurity software and governance risk and compliance management software solutions to enterprises, including 90% of Fortune 100 organizations. With this investment, Clearlake will become an equal partner with Symphony Technology Group ( STG ), which initially acquired the business in 2020 alongside Ontario Teachers Pension Plan Board ( Ontario Teachers ) from Dell Technologies. Ontario Teachers will remain a significant minority shareholder. Terms of the transaction were not discl