Clearlake Capital to acquire Intertape Polymer Group for $2.6B

Clearlake Capital Group agreed on March 8, 2022 to acquire Intertape Polymer Group in an all-cash deal at CDN$40.50 per share, valued at about US$2.6 billion including net debt. IPG will become privately held after completion.

“Clearlake will acquire the outstanding shares of IPG for CDN$40.50 per share in an all-cash transaction valued at approximately US$2.6 billion, including net debt.”clearlake.com

• 2 sources
• clearlake.comIntertape Polymer Group Inc. ("IPG") Enters Into Arrangement Agreement to be Acquired by Clearlake Capital Group, L.P. in a $2.6 Billion Transaction | Clearlake News | Clearlake Capital GroupMar 8, 2022
• privateequityinternational.comWhy Clearlake and other PE firms are investing in packaging providersMar 23, 2022

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