Quest Secures $350 Million for AI Growth
Deal News | May 30, 2025 | Clearlake Capital
Quest Software, a prominent entity in the data management and identity security sectors, has successfully closed a refinancing transaction involving its existing debt obligations. This strategic move, propelled by a new $350 million capital infusion from Clearlake Capital Group, aims to bolster Quest Software's AI innovation endeavours and facilitate its platform modernization ambitions. The newly procured funds are expected to enable Quest to accelerate its growth and further reinforce its position in the rapidly evolving technology landscape.
Sectors
- Technology
- Finance
Geography
- United States – Quest Software is headquartered in Austin, TX, which is indicative of its primary geography of operation.
Industry
- Technology – Quest Software operates in data management, identity security, and platform modernization, which are key sectors within the broader technology industry.
- Finance – The article discusses a capital infusion and refinancing transaction, both of which are financial activities involving private equity firm Clearlake Capital.
Financials
- $350 million – The amount of capital infusion provided to Quest Software for accelerating AI innovation and growth.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Quest Software | Target | Company | A global leader in data management, identity security, and platform modernization. |
| Clearlake Capital Group, L.P. | Private Equity Firm | Company | The private equity firm backing Quest Software, involved in the refinancing transaction. |