The Cyber Security Review | Saturday, April 16, 2022
Clearlake acquires Quest in order to maintain important enterprise IT processes and improve cybersecurity and productivity
Fremont, CA; “We believe that Quest is well positioned to continue leading the identity-centric cybersecurity, data intelligence, and IT operations markets, both organically and through an accelerated buy-and-build strategy, utilizing Clearlake’s software industry experience and O.P.S.® value creation framework.” states Behdad Eghbali, Co-Founder and Managing Partner, and Prashant Mehrotra, Partner at Clearlake. Clearlake Capital Group, L.P. has completed the acquisition of Quest Software from Francisco Partners, a global cybersecurity, data intelligence, and IT operations management software supplier. Patrick Nichols, the current CEO of Quest, will continue to lead the company with the help of the existing executive management team.
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Quest Software, which was established in 1987, has earned a reputation as a crucial software solution supplier for security-conscious customers and an innovator in handling constantly increasing risks and security threats over the last three decades. Customers can maintain rules, prevent and limit security threats proactively, and improve operational uptime while lowering costs with Quest's edgeless IT ecosystem, which spans people, applications, and data to endpoints.
"As the world relies more and more on digital applications, organizations are continuing to look to Quest to manage strategic enterprise IT functions and enable increased cybersecurity and greater productivity," comments Mr Nichols. "With Clearlake as our partner, Quest will continue to innovate and evolve our solutions to address the various challenges businesses are facing today, ranging from application migration and cloud deployment to data protection and security resiliency."
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