Clearlake explores Symplr stake sale, seeking $2bn valuation, Ex-Goldman exec’s shop GHK acquires pool sanitizing business, OpenGate loses senior partner

GHK Capital buys Hasa from Peak Rock while Clearlake mulls options for Symplr.

Morning!

Deal activity keeps chugging along despite all the chaos outside the industry. Clearlake Capital Group is looking at strategic options for Symplr, which provides healthcare governance, risk and compliance software, Sarah Pringle reports on PE Hub.

The deal could end up as a minority stake sale or a 50-50 joint ownership transaction with another private equity group, Sarah writes. We’ve seen lots of example of this sort of structure, where GPs find ways to hang on to strong assets, even as they sell off portions of their stakes to deliver liquidity to investors.

Read Sarah’s story here.

Top Scoops
GHK Capital Partners, formed by ex-Goldman Sachs executive Gilbert Klemann, acquired Hasa, a maker and distributor of water treatment products, from Peak Rock Capital. The price tag was approximately $200 million, writes Karishma Vanjani on PE Hub. Peak Rock acquired the company in 2017. Read Karishma’s story here on PE Hub.

Long-time OpenGate Capital partner Sebastien Kiekert Le Moult left recently as the firm deploys its sophomore fund into the dislocated market, a spokeswoman confirmed for Buyouts. Le Moult joined OpenGate in 2012, before which he was CEO of Syntagma Group, an industrial holding company. Read my story here on Buyouts.

That’s it! Have a great rest of your day. Hit me up as always with tips n’ gossip, feedback or just to chat at cwitkowsky@buyoutsinsider.com, on Twitter or find me on LinkedIn.