Icon Partners III
Managed by Clearlake Capital Group
Overview
Icon Partners III is a 2021 Clearlake vehicle dedicated to Wheel Pros, an automotive aftermarket platform serving light-truck, SUV, passenger-car, and powersports enthusiasts. The vehicle was established to support the company’s next phase of expansion.
Clearlake Capital Group is a private investment firm founded in 2006. Its private equity activity is focused on technology, industrials, and consumer businesses, including buyouts, carve-outs, recapitalizations, reorganizations, and other complex transactions. The firm partners with management teams and applies its operational improvement framework across operations, people, and strategy. It invests in mid-cap and large-cap businesses through control and non-control positions.
Selected investments
- Wheel Pros — Designer, manufacturer, and distributor of branded aftermarket vehicle enhancements for light trucks, SUVs, passenger cars, and ATVs/UTVs.
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