Finance

Who Is Tom Werner, the Co-Founder of Clearlake Capital and Owner of the Boston Red Sox

Tom Werner is an American businessman and investor best known as the co-founder and managing partner of Clearlake Capital, a private equity firm headquartered in Santa Monica, C...

Mara Ellison
Who Is Tom Werner, the Co-Founder of Clearlake Capital and Owner of the Boston Red Sox

Who Is Tom Werner

Tom Werner is an American businessman and investor best known as the co-founder and managing partner of Clearlake Capital, a private equity firm headquartered in Santa Monica, California. He is also the chairman of the Boston Red Sox and a co-owner of Liverpool Football Club. Werner built his career in media and sports before pivoting to private equity, where he focuses on middle-market buyouts and growth investments across technology, consumer, and services sectors Forbes.

Born in 1950, Werner graduated from Syracuse University and started his career in television sales and sports marketing. He co-founded the Television Program Producers Association and later became chairman of the Boston Red Sox in 2002, leading the franchise through multiple World Series championships. His transition into private equity came with the founding of Clearlake Capital in 2006, where he has led investments in companies such as GoDaddy, Conagra Brands, and Yahoo Forbes.

Tom Werner's Career and Investments

Before Clearlake Capital, Werner held leadership roles in media and entertainment, including chairman of Cendant Corporation and president of the Television Program Producers Association. He co-founded Werner Entertainment, a sports and media management company, and was instrumental in the formation of the Women's National Basketball Association (WNBA) in 1996. His early career focused on television syndication and sports marketing, which gave him deep experience in media rights and brand development.

At Clearlake Capital, Werner has overseen more than $30 billion in assets under management and led over 100 investments across software, data, healthcare, and consumer sectors. The firm is known for its long-term ownership model and operational support for portfolio companies. Clearlake's notable investments include GoDaddy, where Werner serves on the board, and Conagra Brands, where the firm played a key role in the company's restructuring and growth strategy SEC EDGAR.

Tom Werner's Sports Ownership and Philanthropy

Boston Red Sox Ownership

Tom Werner has served as chairman of the Boston Red Sox since 2002, overseeing the franchise's return to prominence with World Series titles in 2004, 2007, 2013, and 2018. Under his leadership, the Red Sox have become one of the most valuable franchises in Major League Baseball, with Forbes estimating the team's value at over $5 billion in recent valuations Forbes. Werner is credited with modernizing the front office, improving player development, and strengthening the team's brand globally.

Liverpool FC and Other Sports Investments

Werner is a co-owner of Liverpool Football Club through Fenway Sports Group, which also owns the Boston Red Sox and Roush Fenway Racing. Liverpool has won the Premier League, the UEFA Champions League, and multiple domestic cups under the group's ownership. Beyond sports

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