Clearlake Capital Explores Potential Sale of IPG for Over $3.5 Billion
Private equity firm Clearlake Capital Group is reportedly considering the sale of packaging manufacturer IPG. According to sources familiar with the matter, the transaction could potentially exceed a valuation of $3.5 billion. Clearlake has engaged financial advisers to evaluate potential buyers for the company. The move signals a potential exit strategy for the Santa Monica-based firm as it seeks to capitalize on the packaging manufacturer's market position.
