Clearlake Capital Acquires NetDocuments

Santa Monica-based private equity investor Clearlake Capital Group announced this morning that it has acquired NetDocuments, a provider of cloud-based document management, email management, and collaboration software for law firms and corporate legal and compliance customers.

Financial details of the acquisition were not announced. Clearlake Capital said the company will continue to be led by Matt Duncan, CEO, and Alvin Tedjamulia, CTO. NetDocuments is based in Lehi, Utah, and was founded in 1999.