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New Deal


Announced

WellSky to acquire ClearCare from Battery Ventures.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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software-as-a-service

Acquisition

Friendly

Private

Pending

Majority

Single Bidder

United States

Software

Private Equity

Synopsis

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WellSky, a leading health and community care technology company, agreed to acquire ClearCare, a leading provider of a software-as-a-service, from Battery Ventures. Financial terms were not disclosed. “ClearCare adds an important new dimension to WellSky’s comprehensive offerings, and this acquisition strengthens WellSky’s ability to better connect care across the continuum,” Bill Miller, CEO of WellSky.

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