But a year later, in 2001, the publicly traded company was taken over by private equity firms, which have largely controlled the company for the past 18 years.
Clearlake’s target sectors are industry, technology and consumer products, including brands such as Chef’s Cut, jerky, Jacuzzi, Mold-Rite Plastics, Platinum Energy Systems, and Sunbelt Supply, a Texas-based valve company. Clearlake manages approximately $ 39 billion in assets.
Expansion and update
The multi-stage renovation and expansion project has renewed every inch of the 69,000 square foot corporate office space and added 15,000 square feet, of which 3,500 square feet is dedicated to the new lobby and main entrance, which has been relocated to the south side of the building.
The updates are designed to better educate new sellers and dealers who come to the facility from across North America to learn about new products and practice installation.
“We had eight or nine weeks of people onsite (in 2021) using that space,” said John Weinstock, executive vice president of marketing. “We have mock windows where they can practice installing motorization and figure it out.”
This training is becoming increasingly important due to the change in window coverings that use automation technology and sensors that respond to natural light. They include patented systems that work in sync with the sun and can be incorporated into automation systems that control heating and air conditioning, audio, lighting and security systems.