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Clearlake Renews Pursuit of Software Firm Blackbaud

Clearlake Capital Group LP is exploring a renewed effort to take Blackbaud Inc. private, according to people with knowledge of the matter, roughly a year after its last approach was rebuffed by the cloud software provider. The stock rose as much as 10%.

Report: SC tech giant s top investor may renew buyout bid | Business

Bloomberg said an investment firm is exploring whether to make a second buyout offer for Charleston-based Blackbaud, which rejected a previous bid last year.

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