DLA Piper represents Clearlake Capital Group in acquisition of Futuris Automotive
DLA Piper has represented Clearlake Capital Group, L.P. (Clearlake) in its purchase of the Futuris Automotive (Futuris) business from Elders Limited (Elders) for a price which represents an enterprise value of AU$69 million.
Futuris is a leading global automotive component supplier, which designs, engineers and manufactures automotive seating and interior systems for a range of the world's top vehicle producers including GM, Ford, Toyota and Tesla. Clearlake is a US-based private investment firm focused on special situations and private equity investments.