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New Deal


Announced

Completed

Clearlake- and SkyKnight-backed symplr completed the acquisition of ComplyTrack from Wolters Kluwer for £50m.

Financials

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Transaction Value£50m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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risk software platform

Private

Majority

Completed

compliance software platform

Single Bidder

Acquisition

Private Equity

Software

Friendly

Netherlands

Cross Border

Synopsis

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Clearlake- and SkyKnight-backed symplr, a global healthcare governance, risk, and compliance software-as-a-service platform, completed the acquisition of ComplyTrack, a risk and compliance software platform, from Wolters Kluwer, a global provider of professional information and software solutions, for £50m. "ComplyTrack's compliance and risk management solutions have a long track record of excellence. They fit nicely with the rest of our portfolio and provide our customers with another solution to help manage their GRC-related challenges. With the investment and support from Clearlake and SkyKnight, we are well-positioned to continue executing our growth strategy and help providers and payers meet regulatory compliance requirements and achieve their desired outcomes," Rick Pleczko, symplr CEO.

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