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Thomas H. Lee Partners-backed Hyland completed the acquisition of Alfresco.

Synopsis

Thomas H. Lee Partners-backed Hyland, a content services provider, completed the acquisition of Alfresco, a content services platform and solutions provider. Financial terms were not disclosed. "We continue to grow our business and advance our platform organically and via acquisitions. This acquisition will expand our global reach, enabling us to help more organizations achieve their digital transformation goals and become more informed, empowered and connected," Bill Priemer, Hyland President and CEO.

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