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Kirkland Counsels Clearlake Capital Group on Latest Acquisition

Clearlake Capital Group today announced it has signed a definitive agreement to acquire TKE Holdings, Inc., dba Dimora Brands, a leading provider of branded specialty hardware and home accessories, from affiliates of The Jordan Company.

Financial terms of the transaction were not disclosed.

Founded in 2006, Clearlake Capital Group is an investment firm operating integrated businesses across private equity, credit and other related strategies.

With a sector-focused approach, the firm seeks to partner with experienced management teams by providing patient, long term capital to dynamic businesses that can benefit from Clearlake’s operational improvement approach, O.P.S.®

The firm’s core target sectors are technology, industrials, and consumer. Clearlake currently has approximately $70 billion of assets under management, and its senior investment principals have led or co-led over 300 investments.

The firm is headquartered in Santa Monica, CA with affiliates in Dallas, TX, London, United Kingdom and Dublin, Ireland.

Dimora Brands, a Dallas-based designer, manufacturer and seller of high-end hardware and home accessories, was created in 2010 by the merger of Top Knobs and Hardware Resources.

Since then, the Company has become an industry leader by delivering a premium product offering that appeals to a diverse set of aesthetic styles and price points. Dimora Brands achieved its strong reputation through consistent successful launches of new kitchen and bath decorative and functional products, as well as through acquisitions of other leading companies with complementary product lines.

Underlying the Company’s significant track record of excellence is a robust logistics operation that delivers over 29,000 SKUs across the United States.

The Company was advised by Baird, and Clearlake was advised by Deutsche Bank.

Clifford Chance listed 19th in the Stonewall Top 100 Employers

International law firm Clifford Chance has been ranked 19th in this year’s Stonewall Top 100 Employers List for 2020 – the sixth highest law firm in the list.

Now in its 16th year, the list celebrates the pioneering efforts and commitments of leading organisations to LGBT workplace inclusion. This year’s list, which was the largest ever with 503 employers entering, was developed using submissions to the Workplace Equality Index, a powerful benchmarking tool used by employers to create inclusive workplaces.

Toby Horner, Co-Chair of Clifford Chance’s LGBT+ & Allies Network ARCUS, said: “This result reflects our inclusion efforts at every stage from entry level recruitment through to reverse mentoring members of our Executive Leadership Group. Collaboration is core to our work and we have focused more than ever on our LBT strategy – an area which can often be overlooked. Whilst we still have steps to take to represent the full spectrum of LGBT diversity within the firm, we are committed to keeping our foot on the pedal and removing barriers wherever possible.”

Michael Bates, Clifford Chance UK Managing partner, comments: ”We are delighted that our commitment to maintaining an inclusive environment for our people has been recognised in this year’s Stonewall index. However, we cannot afford to be complacent. We know that there is more work and campaigning to be done to provide a workplace and society where people can be their full authentic selves, without fear of exclusion or discrimination.”

Clifford Chance’s inclusion in the index complements the firm’s extensive portfolio of global LGBT initiatives including: the ARCUS reverse mentoring scheme with the firm’s senior management team; the annual Pride Art exhibition that celebrates LGBT pride and fosters diversity and inclusion; and the commissioning of the largest piece of research on LGBT wellbeing with Trendence, Deutsche Bank, the University of York and National Student Pride.

Further information on Clifford Chance’s commitment to LGBT+ rights and equality can be found in its annual Responsible Business Report, which the firm publishes in accordance with the United Nations Global Compact.

If you would like to find out more information, please visit: https://www.stonewall.org.uk/