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Clearlake Capital Group has signed a definitive agreement to acquire Qualus Corporation, a power and electric grid services platform, from New Mountain Capital. Financial terms were not disclosed. Qualus provides integrated advisory, planning, engineering, digital solutions and field services supporting grid resiliency and sustainability. The company serves investor-owned utilities and commercial organisations, addressing technical complexity created by economic electrification and surging power demands. New Mountain Capital supported Qualus over the past five years during a period of significant growth. The acquisition will be financed by Apollo, Goldman Sachs Alternatives and Clearlake as joint lead arrangers. Clearlake manages over $185 billion in assets and focuses on operational improvements through its O.P.S. approach across multiple sectors.