We are advising a consortium of direct lenders on the financing 

Davis Polk is advising a consortium of direct lenders in connection with $2 billion of committed debt financing to be provided to Clearlake Capital Group, L.P and Insight Venture Management, LLC. The financing consists of a $1.8 billion term loan facility and a $200 million revolving facility, which will be used in part to finance the cash consideration for the acquisition of Alteryx, Inc.

Alteryx, a Delaware corporation, is a leader in analytics automation. Specifically, the Alteryx Analytics Automation Platform delivers easy, end-to-end automation of data engineering, analytics, reporting, machine learning and data science processes. Alteryx has more than 8,000 customers globally.

Clearlake Capital Group is a leading investment firm operating integrated businesses across private equity, credit and other related strategies. The firm’s core target sectors are technology, industrials and consumer. Clearlake currently has approximately $70 billion of assets under management and its senior investment principals have led or co-led over 400 investments.

Insight Venture Management is a leading global private equity and venture capital firm.

The Davis Polk finance team includes partner Sanders Witkow and associate Kendra L. Sandidge. All members of the Davis Polk team are based in the New York office.